HWM Q3 2020 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena

HWMHowmet Aerospace Inc.

$101B

Q3 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.1B-36.8% YoY

Gross Profit

$173M15.3% margin

Operating Income

$102M9.0% margin

Net Income

$36M3.2% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-9.5%

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

-$1M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$7.8B

Stockholders' Equity

$3.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.8B	-36.8%
Gross Profit	$173M	$407M	-57.5%
Operating Income	$102M	$312M	-67.3%
Net Income	$36M	$95M	-62.1%

Revenue Segments

Engine Products Segment

$486M43%

Fastening Systems

$271M24%

Structure Systems

$207M18%

Wheel Systems

$172M15%