HWM Q2 2020 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena

HWMHowmet Aerospace Inc.

$101B

Q2 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.3B-31.1% YoY

Gross Profit

$261M20.8% margin

Operating Income

$183M14.6% margin

Net Income

-$96M-7.7% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-23.3%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

-$1M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$7.9B

Stockholders' Equity

$3.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.8B	-31.1%
Gross Profit	$261M	$405M	-35.6%
Operating Income	$183M	$296M	-38.2%
Net Income	-$96M	-$121M	+20.7%

Revenue Segments

Engine Products Segment

$586M47%

Fastening Systems

$326M26%

Structure Systems

$231M18%

Wheel Systems

$113M9%