Howmet Aerospace's Income Statement Analysis: Revenue to Profit Breakdown
Howmet Aerospace's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$4.97 B | $5.66 B | $6.64 B | $7.43 B | $8.25 B | $8.62 B |
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Cost of Revenue Direct cost of goods/services. |
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$3.84 B | $4.31 B | $5.03 B | $5.38 B | $5.72 B | $5.82 B |
Gross Profit Revenue minus cost of revenue. |
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$1.13 B | $1.35 B | $1.61 B | $2.05 B | $2.54 B | $2.81 B |
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Operating Expense
Costs to run business. |
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$268.00 M | $320.00 M | $369.00 M | $380.00 M | $407.00 M | $434.00 M |
Research and Development Investment in innovation. |
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$17.00 M | $32.00 M | $36.00 M | $33.00 M | $37.00 M | $38.00 M |
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Sales, General and Administrative
Selling and admin costs. |
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$251.00 M | $288.00 M | $333.00 M | $362.00 M | $370.00 M | $403.00 M |
General and Administrative Corporate overhead costs. |
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- | - | - | $362.00 M | - | $196.00 M |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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- | - | - | -$15.00 M | - | -$7.00 M |
Operating Income Profit from operations. |
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$866.00 M | $1.03 B | $1.25 B | $1.67 B | $2.13 B | $2.37 B |
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Net Interest Income
Interest income minus expense. |
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-$257.00 M | -$223.00 M | -$195.00 M | -$162.00 M | -$131.00 M | -$139.00 M |
Interest Income Income from investments. |
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$2.00 M | $6.00 M | $23.00 M | $20.00 M | $20.00 M | $16.00 M |
Interest Expense Cost of borrowing. |
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$259.00 M | $229.00 M | $218.00 M | $182.00 M | $151.00 M | $155.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$283.00 M | $199.00 M | $52.00 M | $107.00 M | - | $3.00 M |
Total Other Income (Net) Net non-operating items. |
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-$542.00 M | -$428.00 M | -$270.00 M | -$289.00 M | -$290.00 M | -$272.00 M |
Income Before Tax Profit before taxes. |
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$324.00 M | $606.00 M | $975.00 M | $1.38 B | $1.84 B | $2.10 B |
Income Tax Expense Taxes on income. |
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$66.00 M | $137.00 M | $210.00 M | $228.00 M | $332.00 M | $358.00 M |
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Net Income
Final profit. |
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$258.00 M | $469.00 M | $765.00 M | $1.16 B | $1.51 B | $1.74 B |
Net Income From Continuing Operations Profit from core business. |
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$258.00 M | $469.00 M | $765.00 M | $1.16 B | $1.51 B | $1.74 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | -$2.00 M | -$2.00 M | - | -$1.00 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$0.60 | $1.12 | $1.85 | $2.83 | $3.73 | $4.35 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$0.59 | $1.11 | $1.83 | $2.81 | $3.71 | $4.31 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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429.83 M | 416.04 M | 412.17 M | 408.00 M | 404.00 M | 401.00 M |
Diluted Average Shares Outst. Shares including dilution. |
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435.00 M | 421.00 M | 416.00 M | 410.00 M | 406.00 M | 403.00 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$583.00 M | $835.00 M | $1.19 B | $1.57 B | $2.13 B | $2.37 B |
EBITDA Earnings before interest, tax, D&A. |
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$853.00 M | $1.10 B | $1.47 B | $1.84 B | $2.41 B | $2.66 B |
Depreciation and Amortization Non-cash expense for assets. |
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$270.00 M | $265.00 M | $272.00 M | $277.00 M | $283.00 M | $288.00 M |
| Company Report |
Howmet Aerospace's Assets vs Liabilities & Equity
Howmet Aerospace's Assets vs Liabilities & Equity
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