Howmet Aerospace Inc. financial data

Symbol
HWM, HWM-P on NYSE
Industry
Rolling Drawing & Extruding of Nonferrous Metals
Location
201 Isabella Street, Suite 200, Pittsburgh, Pennsylvania
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Arconic Inc. (to 3/26/2020), ALCOA INC. (to 10/27/2016), ALCOA INC (to 10/3/2014), ALUMINUM CO OF AMERICA (to 1/4/1999)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 203 % -4.44%
Quick Ratio 110 % -4.23%
Debt-to-equity 161 % -13.9%
Return On Equity 13.8 % +58.2%
Return On Assets 8.34 % +73.4%
Operating Margin 18.8 % +14.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 408M shares -1.24%
Common Stock, Shares, Outstanding 408M shares -0.88%
Entity Public Float 20B USD +53.8%
Common Stock, Value, Issued 408M USD -0.97%
Weighted Average Number of Shares Outstanding, Basic 410M shares -0.49%
Weighted Average Number of Shares Outstanding, Diluted 412M shares -1.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.86B USD +15.5%
Research and Development Expense 37M USD +8.82%
Operating Income (Loss) 1.29B USD +32.1%
Nonoperating Income (Expense) -18M USD +79.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.06B USD +61.5%
Income Tax Expense (Benefit) 198M USD +17.2%
Net Income (Loss) Attributable to Parent 860M USD +77%
Earnings Per Share, Basic 2.08 USD/shares +77.8%
Earnings Per Share, Diluted 2.07 USD/shares +80%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 533M USD -0.75%
Accounts Receivable, after Allowance for Credit Loss, Current 785M USD +19.8%
Inventory, Net 1.78B USD +7.28%
Assets, Current 3.34B USD +9.26%
Deferred Income Tax Assets, Net 38M USD -35.6%
Property, Plant and Equipment, Net 2.29B USD -1.16%
Operating Lease, Right-of-Use Asset 146M USD +35.2%
Intangible Assets, Net (Excluding Goodwill) 498M USD -3.86%
Goodwill 4.02B USD -0.1%
Other Assets, Noncurrent 220M USD +12.8%
Assets 10.4B USD +2.32%
Accounts Payable, Current 964M USD +9.92%
Employee-related Liabilities, Current 201M USD +4.15%
Liabilities, Current 1.7B USD +21%
Long-term Debt and Lease Obligation 3.99B USD -4.32%
Operating Lease, Liability, Noncurrent 112M USD +41.8%
Liabilities 6.32B USD -1.39%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.86B USD -3.05%
Retained Earnings (Accumulated Deficit) 1.94B USD +67.6%
Stockholders' Equity Attributable to Parent 4.09B USD +8.64%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.76B USD +8.79%
Liabilities and Equity 10.4B USD +2.32%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 177M USD +670%
Net Cash Provided by (Used in) Financing Activities -178M USD +16.8%
Net Cash Provided by (Used in) Investing Activities -75M USD -17.2%
Common Stock, Shares Authorized 600M shares 0%
Common Stock, Shares, Issued 410M shares -0.54%
Common Stock, Par or Stated Value Per Share 1 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -76M USD +70.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 534M USD -0.74%
Interest Paid, Excluding Capitalized Interest, Operating Activities 221M USD -1.34%
Deferred Tax Assets, Valuation Allowance 1.82B USD -7.33%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.47B USD -5.14%
Operating Lease, Liability 147M USD +31.3%
Depreciation 236M USD +3.97%
Payments to Acquire Property, Plant, and Equipment 237M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 805M USD +48%
Lessee, Operating Lease, Liability, to be Paid 162M USD +20.9%
Property, Plant and Equipment, Gross 5.18B USD +2.23%
Operating Lease, Liability, Current 35M USD +6.06%
Lessee, Operating Lease, Liability, to be Paid, Year Two 30M USD +3.45%
Lessee, Operating Lease, Liability, to be Paid, Year One 39M USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 109M USD +34.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 33M USD +73.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 23M USD +27.8%
Deferred Tax Assets, Operating Loss Carryforwards 2.91B USD -1.69%
Deferred Federal Income Tax Expense (Benefit) 92M USD +29.6%
Current Income Tax Expense (Benefit) 101M USD +80.4%
Unrecognized Tax Benefits 16M USD +700%
Lessee, Operating Lease, Liability, to be Paid, Year Four 18M USD +28.6%
Additional Paid in Capital 3.54B USD -10.1%
Current State and Local Tax Expense (Benefit) 2M USD
Current Federal Tax Expense (Benefit) 5M USD +66.7%
Amortization of Intangible Assets 35M USD -2.78%
Depreciation, Depletion and Amortization 67M USD -2.9%
Deferred Tax Assets, Net of Valuation Allowance 1.65B USD -2.6%
Deferred State and Local Income Tax Expense (Benefit) 1M USD -80%
Interest Expense 210M USD -7.9%