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, PA
State of incorporation
DE
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
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 186 % -14.2%
Quick Ratio 99.2 % -15.3%
Debt-to-equity 149 % -13.4%
Return On Equity 13.8 % +58.2%
Return On Assets 10.2 % +63.3%
Operating Margin 20.8 % +21.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 406M shares -1.33%
Common Stock, Shares, Outstanding 407M shares -1.12%
Entity Public Float 20B USD +53.8%
Common Stock, Value, Issued 407M USD -1.21%
Weighted Average Number of Shares Outstanding, Basic 408M shares -0.97%
Weighted Average Number of Shares Outstanding, Diluted 410M shares -1.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7.27B USD +13.2%
Research and Development Expense 35M USD -2.78%
Operating Income (Loss) 1.51B USD +38%
Nonoperating Income (Expense) -52M USD -160%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.26B USD +47.8%
Income Tax Expense (Benefit) 184M USD -13.6%
Net Income (Loss) Attributable to Parent 1.08B USD +68.3%
Earnings Per Share, Basic 2.62 USD/shares +69%
Earnings Per Share, Diluted 2.62 USD/shares +72.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 475M USD +12%
Accounts Receivable, after Allowance for Credit Loss, Current 757M USD +6.02%
Inventory, Net 1.9B USD +8.81%
Assets, Current 3.39B USD +9%
Deferred Income Tax Assets, Net 39M USD -13.3%
Property, Plant and Equipment, Net 2.36B USD +2.7%
Operating Lease, Right-of-Use Asset 159M USD +42%
Intangible Assets, Net (Excluding Goodwill) 484M USD -4.54%
Goodwill 4.05B USD +1%
Other Assets, Noncurrent 239M USD +19.5%
Assets 10.6B USD +3.86%
Accounts Payable, Current 917M USD +2.57%
Employee-related Liabilities, Current 288M USD +20%
Liabilities, Current 1.52B USD +4.33%
Long-term Debt and Lease Obligation 3.99B USD -4.32%
Operating Lease, Liability, Noncurrent 122M USD +47%
Liabilities 6.06B USD -3.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.8B USD +2.81%
Retained Earnings (Accumulated Deficit) 2.45B USD +65.2%
Stockholders' Equity Attributable to Parent 4.5B USD +16.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.76B USD +8.79%
Liabilities and Equity 10.6B USD +3.86%

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 475M USD +11.8%
Deferred Tax Assets, Valuation Allowance 1.82B USD -7.33%
Deferred Tax Assets, Gross 3.47B USD -5.14%
Operating Lease, Liability 160M USD +39.1%
Payments to Acquire Property, Plant, and Equipment 237M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.13B USD +25.3%
Lessee, Operating Lease, Liability, to be Paid 162M USD +20.9%
Property, Plant and Equipment, Gross 5.21B USD +2.34%
Operating Lease, Liability, Current 38M USD +18.8%
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%
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%
Unrecognized Tax Benefits 16M USD +700%
Lessee, Operating Lease, Liability, to be Paid, Year Four 18M USD +28.6%
Additional Paid in Capital 3.39B USD -10.2%
Depreciation, Depletion and Amortization 67M USD -2.9%
Deferred Tax Assets, Net of Valuation Allowance 1.65B USD -2.6%
Interest Expense 210M USD -7.9%