HWM Q3 2024 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena

HWMHowmet Aerospace Inc.

$103B

Q3 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.8B+10.7% YoY

Gross Profit

$514M28.0% margin

Operating Income

$420M22.9% margin

Net Income

$332M18.1% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$244M

Free Cash Flow

$162M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$6.1B

Stockholders' Equity

$4.5B

Cash & Equivalents

$475M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.7B	+10.7%
Gross Profit	$514M	$404M	+27.2%
Operating Income	$420M	$308M	+36.4%
Net Income	$332M	$188M	+76.6%

Revenue Segments

Engine Products Segment

$948M51%

Fastening Systems

$392M21%

Structure Systems

$256M14%

Wheel Systems

$245M13%