HWMHowmet Aerospace Inc.

$103B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.9B+14.1% YoY

Gross Profit

$524M27.9% margin

Operating Income

$420M22.3% margin

Net Income

$266M14.1% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$397M

Free Cash Flow

$342M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$6.4B

Stockholders' Equity

$4.3B

Cash & Equivalents

$753M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.6B	+14.1%
Gross Profit	$524M	$385M	+36.1%
Operating Income	$420M	$288M	+45.8%
Net Income	$266M	$193M	+37.8%

Revenue Segments

Engine Products Segment

$934M50%

Fastening Systems

$394M21%

Structure Systems

$278M15%

Wheel Systems

$278M15%

HWM Q2 2024 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena