HWM Q4 2023 Earnings — Howmet Aerospace Inc. Revenue & Financial Results | Market Cap Arena

HWMHowmet Aerospace Inc.

$103B

Q4 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+14.4% YoY

Gross Profit

$451M26.1% margin

Operating Income

$359M20.7% margin

Net Income

$236M13.6% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$458M

Free Cash Flow

$403M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$6.4B

Stockholders' Equity

$4.0B

Cash & Equivalents

$610M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.5B	+14.4%
Gross Profit	$451M	$363M	+24.2%
Operating Income	$359M	$291M	+23.4%
Net Income	$236M	$111M	+112.6%

Revenue Segments

Engine Products Segment

$853M49%

Fastening Systems

$360M21%

Wheel Systems

$275M16%

Structure Systems

$246M14%