← Howmet Aerospace Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.0b | $3.3b | $14.0b | $14.2b | $5.3b | $5.0b | $5.7b | $6.6b | $7.4b | $8.3b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $14.0b | — | — | — | — | — | — | — | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $1.2b | $2.2b | $12.1b | $11.2b | $3.9b | $3.6b | $4.1b | $4.8b | $5.1b | $5.4b | |
| Operating Income (Loss) | $819.0m | $326.0m | $1.3b | $1.0b | $626.0m | $748.0m | $919.0m | $1.2b | $1.6b | $2.0b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $65.0m | $71.0m | $81.0m | $70.0m | $40.0m | $36.0m | $36.0m | $35.0m | $33.0m | $32.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $5.0m | ($26.0m) | $1.0m | $11.0m | ($2.0m) | $1.0m | $2.0m | ($13.0m) | $3.0m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | ($22.0m) | ($25.0m) | ($22.0m) | |
| Goodwill, Impairment Loss | — | $719.0m | $0 | $0 | $0 | $4.0m | — | — | — | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $84.0m | $500.0m | $518.0m | $275.0m | $84.0m | $28.0m | $287.0m | $538.0m | $901.0m | $1.4b | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($3) | ($0) | $1 | $1 | $0 | $1 | $1 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($3) | ($0) | $1 | $1 | $0 | $1 | $1 | $2 | — | — | |
| Income (Loss) from Equity Method Investments | — | $0 | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | — | $19.0m | — | — | — | — | — | — | $20.0m | $20.0m | |
| Preferred Stock Dividends and Other Adjustments | $69.0m | $53.0m | $2.0m | $2.0m | ($2.0m) | $2.0m | $2.0m | $2.0m | $2.0m | $2.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $324.0m | $606.0m | $975.0m | $1.4b | $1.8b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($1.1b) | ($127.0m) | $640.0m | — | $211.0m | $258.0m | $469.0m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.1b) | ($74.0m) | $642.0m | $470.0m | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $184.0m | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $121.0m | $0 | $0 | — | $50.0m | $0 | $0 | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($1.0b) | ($74.0m) | $651.0m | $477.0m | $209.0m | $256.0m | $467.0m | $763.0m | $1.2b | $1.5b | |
| Net Income (Loss) Attributable to Parent | ($941.0m) | ($74.0m) | $642.0m | $470.0m | $261.0m | $258.0m | $469.0m | $765.0m | $1.2b | $1.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($1.0b) | ($127.0m) | $640.0m | $468.0m | $259.0m | $256.0m | $467.0m | $763.0m | $1.2b | $1.5b | |
| Earnings Per Share, Basic | ($2.31) | ($0.28) | $1.33 | $1.05 | — | $0.60 | $1.12 | $1.85 | $2.83 | $3.73 | |
| Earnings Per Share, Diluted | ($2.31) | ($0.28) | $1.30 | $1.03 | — | $0.59 | $1.11 | $1.83 | $2.81 | $3.71 | |
| Common Stock, Dividends, Per Share, Declared | $0.36 | $0.24 | $0.24 | $0.12 | $0.02 | $0.04 | $0.10 | $0.17 | $0.26 | $0.44 | |
| Weighted Average Number of Shares Outstanding, Basic | 438.0m | 451.0m | 483.0m | 446.0m | 435.0m | 430.0m | 416.0m | 412.0m | 408.0m | 404.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 438.0m | 451.0m | 503.0m | 463.0m | 439.0m | 435.0m | 421.0m | 416.0m | 410.0m | 406.0m | |
| Selling, General and Administrative Expense | $942.0m | $731.0m | $604.0m | $704.0m | $277.0m | $251.0m | $288.0m | $333.0m | $347.0m | $370.0m | |
| Other Nonoperating Income (Expense) | — | $103.0m | $46.0m | ($25.0m) | ($46.0m) | $7.0m | $2.0m | $3.0m | $0 | $1.0m | |
| Costs and Expenses | $12.0b | — | — | — | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $134.0m | $96.0m | $187.0m | $117.0m | ($2.0m) | $28.0m | $56.0m | $101.0m | $172.0m | $315.0m | |
| Interest Expense | $499.0m | $496.0m | $378.0m | $338.0m | $381.0m | $259.0m | $229.0m | $218.0m | — | — | |
| Nonoperating Income (Expense) | $94.0m | $640.0m | ($79.0m) | ($122.0m) | ($74.0m) | ($19.0m) | ($82.0m) | ($8.0m) | ($62.0m) | ($40.0m) | |
| Research and Development Expense | $132.0m | $111.0m | $103.0m | $70.0m | $17.0m | $17.0m | $32.0m | $36.0m | $33.0m | $37.0m | |
| Income Tax Expense (Benefit) | $1.5b | $544.0m | $226.0m | $105.0m | ($40.0m) | $66.0m | $137.0m | $210.0m | $228.0m | $332.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | ($5.0m) | $0 | ($89.0m) | |
| Interest Income (Expense), Net | — | — | — | — | — | ($259.0m) | ($229.0m) | ($218.0m) | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | $23.0m | $25.0m | $5.0m | $2.0m | $6.0m | $23.0m | ($182.0m) | ($151.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.