Howmet Aerospace
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Howmet Aerospace's past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $6,640,000,000. The net income raised on $765,000,000 and profit margin reached 12%. Total operating expenses were $652,000,000.
Profit Margin
| 2014 | 12.54B | 268M | 2.14% |
|---|---|---|---|
| 2015 | 12.41B | -322M | -2.59% |
| 2016 | 12.39B | -931M | -7.51% |
| 2017 | 12.96B | -74M | -0.57% |
| 2018 | 14.01B | 642M | 4.58% |
| 2019 | 14.19B | 470M | 3.31% |
| 2020 | 5.25B | 261M | 4.96% |
| 2021 | 4.97B | 258M | 5.19% |
| 2022 | 5.66B | 469M | 8.28% |
| 2023 | 6.64B | 765M | 11.52% |
HWM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 6.64B | 5.66B | 4.97B | 5.25B | 14.19B | 14.01B | 12.96B | 12.39B | 12.41B | 12.54B |
Cost of revenue | 5.02B | 4.10B | 3.59B | 3.87B | 11.22B | 11.39B | 10.35B | 9.80B | 10.10B | 10.34B |
Gross profit | 1.61B | 1.56B | 1.37B | 1.38B | 2.96B | 2.61B | 2.60B | 2.58B | 2.30B | 2.19B |
Operating exp. | ||||||||||
Research and development | 36M | 32M | 17M | 17M | 70M | 103M | 111M | 132M | 169M | 123M |
Selling and marketing | 0 | 8M | -8M | -10M | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 652M | 585M | 538M | 573M | 1.31B | 1.28B | 1.39B | 1.61B | 1.44B | 1.32B |
Operating income | 1.20B | 919M | 748M | 626M | 1.53B | 1.32B | 326M | 974M | 628M | 864M |
Other income (expenses), net | -228M | -313M | -424M | -455M | -958M | -88M | -10M | -62M | -445M | -751M |
Income before tax | 975M | 606M | 324M | 171M | 575M | 868M | 470M | 413M | 183M | 113M |
Income tax expense | 210M | 137M | 66M | -40M | 105M | 226M | 544M | 1.46B | 339M | 174M |
Net income | 765M | 469M | 258M | 261M | 470M | 642M | -74M | -931M | -322M | 268M |
Earnings per share | ||||||||||
Basic EPS | 1.85 | 1.12 | 0.6 | 0.48 | 1.05 | 1.33 | -0.16 | -2.13 | -0.77 | 0.56 |
Diluted EPS | 1.83 | 1.11 | 0.59 | 0.48 | 1.03 | 1.28 | -0.16 | -2.13 | -0.73 | 0.56 |
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