Howmet Aerospace Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Howmet Aerospace Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Howmet Aerospace Inc. Operating Margin for the quarter ending June 30, 2024 was 19.7 %, a 20.1% increase year-over-year.
  • Howmet Aerospace Inc. annual Operating Margin for 2023 was 18.1 %, a 11.6% increase from 2022.
  • Howmet Aerospace Inc. annual Operating Margin for 2022 was 16.2 %, a 7.84% increase from 2021.
  • Howmet Aerospace Inc. annual Operating Margin for 2021 was 15 %, a 26.4% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 18.1 +1.89 +11.6% Jan 1, 2023 Dec 31, 2023
2022 16.2 +1.18 +7.84% Jan 1, 2022 Dec 31, 2022
2021 15 +3.14 +26.4% Jan 1, 2021 Dec 31, 2021
2020 11.9 +3.75 +46% Jan 1, 2020 Dec 31, 2020
2019 8.16 -3.28 -28.7% Jan 1, 2019 Dec 31, 2019
2018 11.4 +7.73 +209% Jan 1, 2018 Dec 31, 2018
2017 3.7 -3.99 -51.8% Jan 1, 2017 Dec 31, 2017
2016 7.7 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.