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 - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 183 % -14.5%
Quick Ratio 97.9 % -15.7%
Debt-to-equity 156 % -14%
Return On Equity 13.8 % +58.2%
Return On Assets 8.95 % +70.8%
Operating Margin 19.7 % +20.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 408M shares -0.99%
Common Stock, Shares, Outstanding 408M shares -1.04%
Entity Public Float 20B USD +53.8%
Common Stock, Value, Issued 408M USD -0.97%
Weighted Average Number of Shares Outstanding, Basic 408M shares -1.21%
Weighted Average Number of Shares Outstanding, Diluted 411M shares -1.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7.09B USD +14.5%
Research and Development Expense 35M USD +2.94%
Operating Income (Loss) 1.4B USD +37.5%
Nonoperating Income (Expense) -46M USD +39.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.15B USD +60.7%
Income Tax Expense (Benefit) 216M USD +18%
Net Income (Loss) Attributable to Parent 933M USD +75.4%
Earnings Per Share, Basic 2.26 USD/shares +75.2%
Earnings Per Share, Diluted 2.26 USD/shares +79.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 752M USD +40.6%
Accounts Receivable, after Allowance for Credit Loss, Current 749M USD +14%
Inventory, Net 1.85B USD +7.76%
Assets, Current 3.6B USD +15.2%
Deferred Income Tax Assets, Net 32M USD -38.5%
Property, Plant and Equipment, Net 2.31B USD -0.52%
Operating Lease, Right-of-Use Asset 157M USD +46.7%
Intangible Assets, Net (Excluding Goodwill) 489M USD -4.68%
Goodwill 4.02B USD -0.25%
Other Assets, Noncurrent 232M USD +19%
Assets 10.7B USD +4.36%
Accounts Payable, Current 971M USD +10.2%
Employee-related Liabilities, Current 235M USD +12.4%
Liabilities, Current 2.36B USD +67.2%
Long-term Debt and Lease Obligation 3.99B USD -4.32%
Operating Lease, Liability, Noncurrent 121M USD +57.1%
Liabilities 6.4B USD -0.87%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.86B USD -2.77%
Retained Earnings (Accumulated Deficit) 2.19B USD +63.9%
Stockholders' Equity Attributable to Parent 4.28B USD +13.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.76B USD +8.79%
Liabilities and Equity 10.7B USD +4.36%

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 752M USD +40.3%
Deferred Tax Assets, Valuation Allowance 1.82B USD -7.33%
Deferred Tax Assets, Gross 3.47B USD -5.14%
Operating Lease, Liability 158M USD +42.3%
Payments to Acquire Property, Plant, and Equipment 237M USD +21.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 883M USD +23.3%
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 37M USD +8.82%
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 3.49B USD -7.83%
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%