Howmet Aerospace Inc.
HWMNYSECIK 4281Basic Materials / Metals & Miningfiscal year ends December74 quarters since 2008
Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 29, 2026 | Q2 FY2026ended Jun 30, 2026filed Aug 6, 2026 | Q1 FY2026ended Mar 31, 2026filed May 7, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025 | Q1 FY2025ended Mar 31, 2025filed May 1, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,703 | 2,547 | 2,313 | 2,168 | 2,089 | 2,053 | 1,942 | 1,891 | +29.4% |
| Cost of revenue | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Research and development | 11 | 8 | 9 | 10 | 10 | 9 | 8 | 7 | +10.0% |
| Selling, general and administrative | 120 | 148 | 111 | 96 | 100 | 89 | 85 | 77 | +20.0% |
| Operating income | 777 | 711 | 753 | 489 | 542 | 521 | 494 | 445 | +43.4% |
| Other income (expense) | (8) | (11) | (2) | (7) | (10) | (14) | (9) | (13) | +20.0% |
| Pretax income | 721 | 649 | 708 | 430 | 495 | 469 | 446 | 392 | +45.7% |
| Income tax | 154 | 115 | 128 | 58 | 110 | 62 | 102 | 78 | +40.0% |
| Net income | 567 | 534 | 580 | 372 | 385 | 407 | 344 | 314 | +47.3% |
| Diluted EPS ($) | 1.42 | 1.33 | 1.44 | — | 0.95 | 1.00 | 0.84 | — | +49.5% |
| Diluted shares (millions) | 400 | 402 | 403 | — | 405 | 406 | 407 | — | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 29, 2026 | Q2 FY2026ended Jun 30, 2026filed Aug 6, 2026 | Q1 FY2026ended Mar 31, 2026filed May 7, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025 | Q1 FY2025ended Mar 31, 2025filed May 1, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 507 | 563 | 2,435 | 742 | 659 | 545 | 536 | 564 | −23.1% |
| Short-term investments | — | — | — | — | — | — | — | — | — |
| Total current assets | 4,117 | 4,193 | 5,657 | 3,779 | 3,824 | 3,694 | 3,554 | 3,362 | +7.7% |
| Total assets | 13,280 | 13,251 | 13,067 | 11,179 | 11,177 | 11,046 | 10,772 | 10,519 | +18.8% |
| Total current liabilities | 2,215 | 2,306 | 2,315 | 1,771 | 1,625 | 1,600 | 1,548 | 1,549 | +36.3% |
| Long-term debt | 4,052 | 4,050 | 4,050 | 2,859 | 3,188 | 3,253 | 3,317 | 3,309 | +27.1% |
| Total liabilities | 7,518 | 7,519 | 7,545 | 5,826 | 6,034 | 6,004 | 5,980 | 5,965 | +24.6% |
| Stockholders’ equity | 5,762 | 5,732 | 5,522 | 5,353 | 5,143 | 5,042 | 4,792 | 4,554 | +12.0% |
| Shares outstanding (millions) | 398 | 399 | 400 | 401 | 402 | 403 | 404 | 405 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 29, 2026 | Q2 FY2026ended Jun 30, 2026filed Aug 6, 2026 | Q1 FY2026ended Mar 31, 2026filed May 7, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 12, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025 | Q1 FY2025ended Mar 31, 2025filed May 1, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 709 | 583 | 453 | 654 | 531 | 446 | 253 | 480 | +33.5% |
| Capital expenditures | 147 | 104 | 94 | 124 | 108 | 102 | 119 | 102 | +36.1% |
| Free cash flow (CFO − capex) | 562 | 479 | 359 | 530 | 423 | 344 | 134 | 378 | +32.9% |
| Depreciation and amortization | 93 | 84 | 74 | 73 | 72 | 69 | 69 | 73 | +29.2% |
| Share repurchases | 500 | 300 | 300 | 200 | 200 | 175 | 125 | 190 | +150.0% |
| Dividends paid | — | — | — | — | — | — | — | — | — |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 12, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 12, 2026 | FY2024ended Dec 31, 2024filed Feb 14, 2025 | FY2023ended Dec 31, 2023filed Feb 13, 2024 | FY2022ended Dec 31, 2022filed Feb 14, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 16, 2021 | FY2019ended Dec 31, 2019filed Feb 27, 2020 | FY2018ended Dec 31, 2018filed Feb 21, 2019 | FY2017ended Dec 31, 2017filed Feb 26, 2018 | FY2016ended Dec 31, 2016filed Feb 28, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 19, 2015 | FY2013ended Dec 31, 2013filed Feb 13, 2014 | FY2012ended Dec 31, 2012filed Feb 15, 2013 | FY2011ended Dec 31, 2011filed Feb 16, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed Feb 18, 2010 | FY2008ended Dec 31, 2008filed Jul 23, 2009 | FY2007ended Dec 31, 2007filed Jul 23, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,252 | 7,430 | 6,640 | 5,663 | 4,972 | 5,259 | 7,098 | 6,778 | 12,960 | 12,394 | — | — | — | — | — | — | — | — | — |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 37 | 33 | 36 | 32 | 17 | 17 | 28 | 41 | 109 | 130 | 169 | 123 | 192 | 197 | 184 | 174 | 169 | 246 | 238 |
| Selling, general and administrative | 370 | 347 | 333 | 288 | 251 | 277 | 400 | 371 | 715 | 924 | 765 | 770 | 1,008 | 997 | 1,027 | 961 | 1,009 | 1,167 | 1,444 |
| Operating income | 2,046 | 1,633 | 1,203 | 919 | 748 | 626 | 579 | 775 | 480 | 954 | 628 | — | — | — | — | — | — | — | — |
| Other income (expense) | (40) | (62) | (8) | (82) | (19) | (74) | (31) | 30 | 486 | (41) | 28 | 5 | 25 | 341 | 87 | (5) | 161 | 59 | 1,920 |
| Pretax income | 1,840 | 1,383 | 975 | 606 | 324 | 171 | 210 | 428 | 470 | 414 | 183 | 113 | (1,816) | 324 | 1,063 | 548 | (1,498) | 792 | — |
| Income tax | 332 | 228 | 210 | 137 | 66 | (40) | 84 | 119 | 544 | 1,476 | 339 | 174 | 428 | 162 | 255 | 148 | (574) | 342 | 1,623 |
| Net income | 1,508 | 1,155 | 765 | 469 | 258 | 261 | 470 | 642 | (74) | (941) | (322) | 268 | (2,285) | 191 | 611 | 254 | (1,151) | (74) | 2,564 |
| Diluted EPS ($) | 3.71 | 2.81 | 1.83 | 1.11 | 0.59 | — | 1.03 | 1.30 | (0.28) | (2.31) | (0.93) | 0.63 | (6.42)* | 0.54* | 1.65* | 0.72* | (3.69)* | (0.30)* | 8.82* |
| Diluted shares (millions) | 406 | 410 | 416 | 421 | 435 | 439 | 463 | 503 | 451 | 438 | 420 | 393 | 357* | 359* | 387* | 342* | 312* | 271* | — |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 12, 2026 | FY2024ended Dec 31, 2024filed Feb 14, 2025 | FY2023ended Dec 31, 2023filed Feb 13, 2024 | FY2022ended Dec 31, 2022filed Feb 14, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 16, 2021 | FY2019ended Dec 31, 2019filed Feb 27, 2020 | FY2018ended Dec 31, 2018filed Feb 21, 2019 | FY2017ended Dec 31, 2017filed Feb 26, 2018 | FY2016ended Dec 31, 2016filed Feb 28, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 19, 2015 | FY2013ended Dec 31, 2013filed Feb 13, 2014 | FY2012ended Dec 31, 2012filed Feb 15, 2013 | FY2011ended Dec 31, 2011filed Feb 16, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed Feb 18, 2010 | FY2008ended Dec 31, 2008filed Jul 23, 2009 | FY2007ended Dec 31, 2007filed Jul 23, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 742 | 564 | 610 | 791 | 720 | 1,610 | 1,577 | 2,277 | 2,150 | 1,863 | 1,919 | 1,877 | 1,437 | 1,861 | 1,939 | 1,543 | 1,481 | 762 | 483 |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 3,779 | 3,362 | 3,316 | 3,143 | 2,737 | 3,672 | 5,843 | 6,581 | 6,378 | 5,892 | 7,953 | 7,848 | 6,969 | 7,700 | 7,713 | 6,919 | 7,022 | 8,150 | — |
| Total assets | 11,179 | 10,519 | 10,428 | 10,255 | 10,219 | 11,443 | 17,562 | 18,693 | 18,718 | 20,038 | 36,477 | 37,363 | 35,742 | 40,179 | 40,120 | 39,293 | 38,472 | 37,822 | — |
| Total current liabilities | 1,771 | 1,549 | 1,784 | 1,482 | 1,253 | 1,660 | 4,125 | 3,520 | 2,824 | 2,749 | 5,211 | 5,458 | 6,105 | 5,942 | 6,013 | 5,251 | 5,414 | 7,279 | — |
| Long-term debt | 2,859 | 3,309 | 3,500 | 4,162 | 4,227 | 4,699 | 4,906 | 5,896 | 6,806 | 8,044 | 8,786 | 8,769 | 7,607 | 8,311 | 8,640 | 8,842 | 8,974 | 8,509 | — |
| Total liabilities | 5,826 | 5,965 | 6,391 | 6,654 | 6,711 | 7,866 | 12,957 | 13,108 | 13,794 | 14,897 | 22,346 | 22,569 | 22,220 | 23,656 | 22,925 | 22,207 | 22,912 | 23,490 | — |
| Stockholders’ equity | 5,353 | 4,554 | 4,037 | 3,601 | 3,508 | 3,577 | 4,591 | 5,573 | 4,910 | 5,115 | 12,046 | 12,306 | 10,593 | 13,199 | 13,844 | 13,611 | 12,420 | 11,735 | — |
| Shares outstanding (millions) | 401 | 405 | 410 | 412 | 419 | 434 | 436 | 485 | 483 | 441 | 438* | 407* | 359* | 356* | 355* | 354* | 340* | — | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 12, 2026 | FY2024ended Dec 31, 2024filed Feb 14, 2025 | FY2023ended Dec 31, 2023filed Feb 13, 2024 | FY2022ended Dec 31, 2022filed Feb 14, 2023 | FY2021ended Dec 31, 2021filed Feb 14, 2022 | FY2020ended Dec 31, 2020filed Feb 16, 2021 | FY2019ended Dec 31, 2019filed Feb 27, 2020 | FY2018ended Dec 31, 2018filed Feb 21, 2019 | FY2017ended Dec 31, 2017filed Feb 26, 2018 | FY2016ended Dec 31, 2016filed Feb 28, 2017 | FY2015ended Dec 31, 2015filed Feb 19, 2016 | FY2014ended Dec 31, 2014filed Feb 19, 2015 | FY2013ended Dec 31, 2013filed Feb 13, 2014 | FY2012ended Dec 31, 2012filed Feb 15, 2013 | FY2011ended Dec 31, 2011filed Feb 16, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed Feb 18, 2010 | FY2008ended Dec 31, 2008filed Jul 23, 2009 | FY2007ended Dec 31, 2007filed Jul 23, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,884 | 1,298 | 901 | 733 | 449 | 9 | 461 | 217 | (39) | 95 | 1,582 | 1,674 | 1,578 | 1,497 | 2,193 | 2,261 | 1,365 | 1,234 | 3,111 |
| Capital expenditures | 453 | 321 | 219 | 193 | 199 | 267 | 641 | 768 | 596 | 1,125 | 1,180 | 1,219 | 1,193 | 1,261 | 1,287 | 1,015 | 1,617 | 3,413 | 3,614 |
| Free cash flow (CFO − capex) | 1,431 | 977 | 682 | 540 | 250 | (258) | (180) | (551) | (635) | (1,030) | 402 | 455 | 385 | 236 | 906 | 1,246 | (252) | (2,179) | (503) |
| Depreciation and amortization | 283 | 277 | 272 | 265 | 270 | 338 | 536 | 576 | 551 | 1,132 | 1,280 | 1,372 | 1,422 | 1,462 | 1,481 | 1,451 | 1,311 | 1,234 | 1,245 |
| Share repurchases | 700 | 500 | 250 | 400 | 430 | 73 | 1,150 | 0 | 0 | — | — | — | — | — | — | — | 0 | 1,082 | 2,496 |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | 223 | 161 | 132 | 131 | 131 | 125 | 228 | 556 | 590 |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 2, 2026 | Cantie Joseph S | Director | award | 156 | $231.27 | $36K | 44,238 | Oct 6, 2026 |
| Jul 2, 2026 | Cantie Joseph S | Director | award | 134 | $270.41 | $36K | 44,082 | Jul 6, 2026 |
| May 21, 2026 | Smith Gunner | Director | award | 731 | $0.00 | — | 5,844 | May 26, 2026 |
| May 21, 2026 | Schmidt Ulrich | Director | award | 731 | $0.00 | — | 53,228 | May 26, 2026 |
| May 21, 2026 | Miller Jody | Director | award | 731 | $0.00 | — | 30,605 | May 26, 2026 |
| May 21, 2026 | Leduc Robert F | Director | award | 731 | $0.00 | — | 35,824 | May 26, 2026 |
| May 21, 2026 | Cantie Joseph S | Director | award | 731 | $0.00 | — | 43,948 | May 26, 2026 |
| May 21, 2026 | Barner Sharon R | Director | award | 731 | $0.00 | — | 16,582 | May 26, 2026 |
| May 21, 2026 | Alving Amy E | Director | award | 731 | $0.00 | — | 57,820 | May 26, 2026 |
| May 21, 2026 | Albaugh James F | Director | award | 731 | $0.00 | — | 59,442 | May 26, 2026 |
| May 11, 2026 | Marchuk Neil Edward | EVP, CAO | open-market sale | 41,932 | $269.50 | $11M | 65,105 | May 12, 2026 |
| Apr 15, 2026 | Arena Jonathan A | EVP, CL&CO and Secretary | award | 3,544 | $0.00 | — | 3,544 | Apr 17, 2026 |
| Apr 2, 2026 | Cantie Joseph S | Director | award | 155 | $232.68 | $36K | 43,217 | Apr 7, 2026 |
| Feb 26, 2026 | Shultz Barbara Lou | Vice President and Controller | open-market sale | 1,000 | $260.01 | $260K | 23,874 | Feb 27, 2026 |
| Feb 18, 2026 | Marchuk Neil Edward | EVP, CAO | open-market sale | 45,150 | $251.70 | $11M | 107,008 | Feb 18, 2026 |
| Feb 17, 2026 | Plant John C | Executive Chairman & CEO | award | 22,333 | $0.00 | — | 2M | Feb 18, 2026 |
| Feb 17, 2026 | Winterlich Patrick | EVP, CFO | award | 3,168 | $0.00 | — | 3,168 | Feb 18, 2026 |
| Feb 17, 2026 | Shultz Barbara Lou | Vice President and Controller | award | 446 | $0.00 | — | 24,874 | Feb 18, 2026 |
| Feb 17, 2026 | Marchuk Neil Edward | EVP, CAO | award | 3,881 | $0.00 | — | 152,158 | Feb 18, 2026 |
| Feb 17, 2026 | Chanatry Michael Niem | Vice President | award | 2,693 | $0.00 | — | 168,502 | Feb 18, 2026 |
| Feb 16, 2026 | Shultz Barbara Lou | Vice President and Controller | tax withholding | 2,692 | $250.21 | $674K | 24,428 | Feb 18, 2026 |
| Feb 16, 2026 | Marchuk Neil Edward | EVP, CAO | tax withholding | 28,651 | $250.21 | $7M | 148,277 | Feb 18, 2026 |
| Feb 16, 2026 | Chanatry Michael Niem | Vice President | tax withholding | 9,579 | $250.21 | $2M | 165,809 | Feb 18, 2026 |
| Feb 15, 2026 | Chanatry Michael Niem | Vice President | tax withholding | 10,741 | $250.21 | $3M | 175,388 | Feb 18, 2026 |
| Feb 3, 2026 | Marchuk Neil Edward | EVP, CAO | award | 50,292 | $0.00 | — | 176,928 | Feb 5, 2026 |
Full insider history for Howmet Aerospace Inc., or insider activity across all companies. A record of filings, not a recommendation.
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- HOWMET AEROSPACE INC., CIK 4281 on EDGAR
- Extract generated
- October 30, 2026
- Withheld
- 9 line-years whose four quarters do not sum to the filed year: other income FY2015, depreciation amortization FY2016, revenue FY2018, capex FY2019, depreciation amortization FY2019, income tax FY2019, operating income FY2019, opex sga FY2019, pretax income FY2019
- Repaired
- 3 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: pretax income FY2015, pretax income FY2017, other income FY2019
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTaxResearchAndDevelopmentExpenseSellingGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpense, OtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueAssetsCurrentAssetsLiabilitiesCurrentLongTermDebt, LongTermDebtNoncurrentLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationAndAmortization, DepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockPaymentsOfDividendsCommonStockThe data
The statements on this page as files, generated October 30, 2026.
- JSON file
/data/financials/HWM.json