HWM Q3 2023 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena

HWMHowmet Aerospace Inc.

$103B

Q3 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+15.7% YoY

Gross Profit

$404M24.4% margin

Operating Income

$308M18.6% margin

Net Income

$188M11.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$191M

Free Cash Flow

$132M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$6.3B

Stockholders' Equity

$3.9B

Cash & Equivalents

$424M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.4B	+15.7%
Gross Profit	$404M	$337M	+19.9%
Operating Income	$308M	$257M	+19.8%
Net Income	$188M	$80M	+135.0%

Revenue Segments

Engine Products Segment

$803M48%

Fastening Systems

$348M21%

Wheel Systems

$285M17%

Structure Systems

$227M14%