Industrials · Aerospace & Defense
Howmet Aerospace: revenue, profit and dividends
In fiscal 2025, Howmet Aerospace had revenue of $8.25B, down 4.0% a year on average since 2015, and net income of $1.51B (18.3% of revenue). Its dividend per share has gone up 5 years in a row, to $0.44.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +11.1% vs 2024
- Ticker
- HWM · NYSE
- Sector
- Industrials
- Sub-industry
- Aerospace & Defense
- Headquarters
- Pittsburgh, Pennsylvania
- Founded
- 1888
- In the S&P 500 since
- October 21, 2016
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Howmet Aerospace Inc. · CIK 0000004281
Revenue and net income
Revenue went from $29.3B in 2007 to $8.25B in 2025. Net loss in 2008–2009, 2013, 2015–2017.
Diluted earnings per share
Diluted EPS went from $8.82 in 2007 to $3.71 in 2025.
Dividends per share
Raised 5 years in a row, every year from 2021 to 2025. Ten-year growth: 13.9% a year.
Shares outstanding
3.3% fewer shares in 2025 than in 2015 (420M → 406M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $1.43B in 2025, 17.3% of revenue. Negative in 2007–2009, 2016–2020.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $8.25B | $1.51B | 18.3% | $3.71 | $0.44 | 406M | $1.88B | $453M | $1.43B |
| 2024 | $7.43B | $1.16B | 15.5% | $2.81 | $0.26 | 410M | $1.3B | $321M | $977M |
| 2023 | $6.64B | $765M | 11.5% | $1.83 | $0.17 | 416M | $901M | $219M | $682M |
| 2022 | $5.66B | $469M | 8.3% | $1.11 | $0.10 | 421M | $733M | $193M | $540M |
| 2021 | $4.97B | $258M | 5.2% | $0.59 | $0.04 | 435M | $449M | $199M | $250M |
| 2020 | $5.26B | $261M | 5.0% | — | $0.02 | 439M | $9.0M | $267M | −$258M |
| 2019 | $7.1B | $470M | 6.6% | $1.03 | $0.12 | 463M | $461M | $641M | −$180M |
| 2018 | $6.78B | $642M | 9.5% | $1.30 | $0.24 | 503M | $217M | $768M | −$551M |
| 2017 | $13B | −$74M | −0.6% | −$0.28 | $0.24 | 451M | −$39M | $596M | −$635M |
| 2016 | $12.4B | −$941M | −7.6% | −$2.31 | $0.36 | 438M | $95M | $1.12B | −$1.03B |
| 2015 | $12.4B | −$322M | −2.6% | −$0.93 | $0.12 | 420M | $1.58B | $1.18B | $402M |
| 2014 | $12.5B | $268M | 2.1% | $0.63 | $0.12 | 393M | $1.67B | $1.22B | $455M |
| 2013 | $23B | −$2.29B | −9.9% | −$6.42 | $0.36 | 357M | $1.58B | $1.19B | $385M |
| 2012 | $23.7B | $191M | 0.8% | $0.54 | $0.36 | 359M | $1.5B | $1.26B | $236M |
| 2011 | $25B | $611M | 2.4% | $1.65 | $0.36 | 387M | $2.19B | $1.29B | $906M |
| 2010 | $21B | $254M | 1.2% | $0.72 | $0.36 | 342M | $2.26B | $1.01B | $1.25B |
| 2009 | $18.4B | −$1.15B | −6.2% | −$3.69 | $0.78 | 312M | $1.36B | $1.62B | −$252M |
| 2008 | $26.9B | −$74M | −0.3% | −$0.30 | $2.04 | 271M | $1.23B | $3.41B | −$2.18B |
| 2007 | $29.3B | $2.56B | 8.8% | $8.82 | $2.04 | — | $3.11B | $3.61B | −$503M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 1-for-3 reverse split · first reflected in a filing of November 9, 2016
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Aerospace & Defense companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.