Howmet Aerospace (HWM) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Howmet Aerospace Revenue Highlights

Latest Revenue (Y)

$6.64B

Latest Revenue (Q)

$1.83B

Main Segment (Y)

Engine Products Segment

Main Geography (Y)

UNITED STATES

Howmet Aerospace Revenue by Period

Howmet Aerospace Revenue by Year

Date	Revenue	Change
2023-12-31	$6.64B	17.25%
2022-12-31	$5.66B	13.90%
2021-12-31	$4.97B	-5.46%
2020-12-31	$5.26B	-62.94%
2019-12-31	$14.19B	1.27%
2018-12-31	$14.01B	8.13%
2017-12-31	$12.96B	4.57%
2016-12-31	$12.39B	-0.15%
2015-12-31	$12.41B	-1.03%
2014-12-31	$12.54B	100.00%
2013-12-31	-	100.00%
2012-12-31	-	-100.00%
2011-12-31	$24.95B	18.74%
2010-12-31	$21.01B	100.00%
2009-12-31	-	100.00%
2008-12-31	-	100.00%
2007-12-31	-	100.00%
2006-12-31	-	100.00%
2005-12-31	-	100.00%
2004-12-31	-	100.00%
2002-12-31	-	-

Howmet Aerospace generated $6.64B in revenue during NA 2023, up 17.25% compared to the previous quarter, and up 47.38% compared to the same period a year ago.

Howmet Aerospace Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.83B	-2.39%
2024-06-30	$1.88B	3.07%
2024-03-31	$1.82B	5.37%
2023-12-31	$1.73B	4.40%
2023-09-30	$1.66B	0.61%
2023-06-30	$1.65B	2.81%
2023-03-31	$1.60B	5.95%
2022-12-31	$1.51B	5.58%
2022-09-30	$1.43B	2.87%
2022-06-30	$1.39B	5.21%
2022-03-31	$1.32B	3.04%
2021-12-31	$1.28B	0.16%
2021-09-30	$1.28B	7.36%
2021-06-30	$1.20B	-1.16%
2021-03-31	$1.21B	-2.34%
2020-12-31	$1.24B	9.17%
2020-09-30	$1.13B	-9.50%
2020-06-30	$1.25B	-60.95%
2020-03-31	$3.21B	-5.65%
2019-12-31	$3.40B	-4.44%
2019-09-30	$3.56B	-3.58%
2019-06-30	$3.69B	4.24%
2019-03-31	$3.54B	1.99%
2018-12-31	$3.47B	-1.48%
2018-09-30	$3.52B	-1.37%
2018-06-30	$3.57B	3.72%
2018-03-31	$3.44B	5.32%
2017-12-31	$3.27B	1.08%
2017-09-30	$3.24B	-0.77%
2017-06-30	$3.26B	2.16%
2017-03-31	$3.19B	7.58%
2016-12-31	$2.97B	-5.45%
2016-09-30	$3.14B	-2.97%
2016-06-30	$3.23B	5.86%
2016-03-31	$3.06B	-41.75%
2015-12-31	$5.25B	-5.89%
2015-09-30	$5.57B	-5.49%
2015-06-30	$5.90B	1.34%
2015-03-31	$5.82B	-75.66%
2014-12-31	$23.91B	100.00%
2014-09-30	-	100.00%
2014-06-30	-	100.00%
2014-03-31	-	100.00%
2013-12-31	-	100.00%
2013-09-30	-	100.00%
2013-06-30	-	100.00%
2013-03-31	-	100.00%
2012-12-31	-	100.00%
2012-09-30	-	-100.00%
2012-06-30	$-6.01B	-200.00%
2012-03-31	$6.01B	0.28%
2011-12-31	$5.99B	-6.70%
2011-09-30	$6.42B	-2.52%
2011-06-30	$6.58B	10.52%
2011-03-31	$5.96B	5.41%
2010-12-31	$5.65B	6.90%
2010-09-30	$5.29B	-47.52%
2010-06-30	$10.07B	100.00%
2010-03-31	-	100.00%
2009-12-31	-	100.00%
2009-09-30	-	100.00%
2009-06-30	-	100.00%
2009-03-31	-	100.00%
2008-12-31	-	100.00%
2008-09-30	-	100.00%
2008-06-30	-	100.00%
2008-03-31	-	100.00%
2007-12-31	-	-

Howmet Aerospace generated $1.83B in revenue during Q3 2024, up -2.39% compared to the previous quarter, and up 111.35% compared to the same period a year ago.

Howmet Aerospace Revenue Breakdown

Howmet Aerospace Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Commercial Transportation	$1.40B	-	-	-	-
Wheel Systems	$1.15B	$1.06B	$921.00M	$679.00M	-
Structure Systems	$881.00M	$796.00M	$731.00M	$934.00M	-
Fastening Systems	$1.35B	$1.12B	$1.04B	$1.25B	-
Engine Products Segment	$3.28B	$2.70B	$2.29B	$2.41B	-
Industrial And Other	$994.00M	-	-	-	-
Aerospace - Defense	$1.01B	-	-	-	-
Aerospace - Commercial	$3.23B	-	-	-	-
Investment Castings	-	-	-	-	$1.12B
Aluminum Extrusions	-	-	-	-	$493.00M
Architectural Aluminum Systems	-	-	-	-	$1.12B
Arconic Engine Products	-	-	-	-	$3.45B
Arconic Fastening Systems	-	-	-	-	$1.56B
Arconic Forged Wheels	-	-	-	-	$969.00M
Flat Rolled Aluminum	-	-	-	-	$5.47B
Other Group	-	-	-	-	$5.00M

Howmet Aerospace's latest annual revenue breakdown by segment (product or service), as of Dec 23: Engine Products Segment (24.66%), Aerospace - Commercial (24.29%), Commercial Transportation (10.54%), Fastening Systems (10.15%), Wheel Systems (8.63%), Aerospace - Defense (7.63%), Industrial And Other (7.48%), and Structure Systems (6.63%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Structure Systems	$256.00M	$278.00M	$263.00M	$201.00M	$207.00M	$231.00M	$196.00M	$186.00M	$183.00M	$192.00M	$200.00M	$162.00M	$177.00M	$218.00M	$207.00M	-	-	-	-	-
Engine Products Segment	$948.00M	$934.00M	$887.00M	$826.00M	$797.00M	$733.00M	$684.00M	$653.00M	$632.00M	$606.00M	$600.00M	$545.00M	$535.00M	$556.00M	$486.00M	-	-	-	-	-
Fastening Systems	$392.00M	$394.00M	$389.00M	$329.00M	$312.00M	$285.00M	$291.00M	$277.00M	$264.00M	$256.00M	$254.00M	$262.00M	$272.00M	$263.00M	$271.00M	-	-	-	-	-
Wheel Systems	$245.00M	$278.00M	$288.00M	$298.00M	$289.00M	$266.00M	$266.00M	$279.00M	$247.00M	$234.00M	$231.00M	$229.00M	$227.00M	$203.00M	$172.00M	-	-	-	-	-
Commercial Transportation	-	-	-	$1.05B	$352.00M	$148.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aerospace - Defense	-	-	-	$764.00M	$251.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aerospace - Commercial	-	-	-	$2.41B	$820.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Industrial And Other	-	-	-	$759.00M	$235.00M	$197.00M	$679.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Areospace	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$908.00M	$1.47B	-
Building And Construction	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$291.00M	-
Transportation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$765.00M	-
Global Rolled Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.67B
Engineered Products And Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.73B

Howmet Aerospace's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Engine Products Segment (51.49%), Fastening Systems (21.29%), Structure Systems (13.91%), and Wheel Systems (13.31%).

Howmet Aerospace Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$3.27B	$2.93B	$2.54B	$2.78B	$9.55B
ITALY	$220.00M	$180.00M	-	-	-
GERMANY	$363.00M	$292.00M	$181.00M	$181.00M	$322.00M
CANADA	$145.00M	$138.00M	$127.00M	$119.00M	$313.00M
CHINA	$98.00M	$111.00M	$213.00M	$231.00M	$630.00M
FRANCE	$578.00M	$394.00M	$319.00M	$388.00M	$864.00M
Other Geographical Regions	$909.00M	$742.00M	$630.00M	$586.00M	$204.00M
JAPAN	$378.00M	$319.00M	$77.00M	$76.00M	$190.00M
MEXICO	$263.00M	$235.00M	-	-	-
POLAND	$130.00M	$96.00M	-	-	-
UNITED KINGDOM	$283.00M	-	-	-	-
HUNGARY	-	-	$257.00M	$309.00M	$719.00M
BRAZIL	-	-	$71.00M	$75.00M	$159.00M

Howmet Aerospace's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (49.29%), Other Geographical Regions (13.69%), FRANCE (8.70%), JAPAN (5.69%), GERMANY (5.47%), UNITED KINGDOM (4.26%), MEXICO (3.96%), ITALY (3.31%), CANADA (2.18%), POLAND (1.96%), and CHINA (1.48%).

Howmet Aerospace Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GD	General Dynamics	$42.27B	-
NOC	Northrop Grumman	$39.29B	$10.00B
LHX	L3Harris	$19.42B	$5.29B
HII	Huntington Ingalls Industries	$11.45B	$2.75B
HWM	Howmet Aerospace	$6.64B	$1.83B
SPR	Spirit AeroSystems	$6.05B	$1.47B
ERJ	Embraer	$5.24B	$896.60M
AIR	AAR	$4.20B	$686.10M
MOG-A	Moog	$3.61B	$904.74M
WWD	Woodward	$3.32B	$847.69M
CW	Curtiss-Wright	$2.85B	$798.92M
HXL	Hexcel	$1.79B	$456.50M
MRCY	Mercury Systems	$835.27M	$204.43M
DCO	Ducommun	$756.99M	$201.41M

HWM Revenue FAQ

What is Howmet Aerospace’s yearly revenue?

Howmet Aerospace's yearly revenue for 2023 was $6.64B, representing an increase of 17.25% compared to 2022. The company's yearly revenue for 2022 was $5.66B, representing an increase of 13.90% compared to 2021. HWM's yearly revenue for 2021 was $4.97B, representing a decrease of -5.46% compared to 2020.

What is Howmet Aerospace’s quarterly revenue?

Howmet Aerospace's quarterly revenue for Q3 2024 was $1.84B, a -2.39% decrease from the previous quarter (Q2 2024), and a 10.68% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.88B, a 3.07% increase from the previous quarter (Q1 2024), and a 14.08% increase year-over-year (Q2 2023). HWM's quarterly revenue for Q1 2024 was $1.82B, a 5.37% increase from the previous quarter (Q4 2023), and a 13.79% increase year-over-year (Q1 2023).

What is Howmet Aerospace’s revenue growth rate?

Howmet Aerospace's revenue growth rate for the last 3 years (2021-2023) was 33.55%, and for the last 5 years (2019-2023) was -53.21%.

What are Howmet Aerospace’s revenue streams?

Howmet Aerospace's revenue streams in c 23 are Commercial Transportation, Wheel Systems, Structure Systems, Fastening Systems, Engine Products Segment, Industrial And Other, Aerospace - Defense, and Aerospace - Commercial. Commercial Transportation generated $1.4B in revenue, accounting 10.54% of the company's total revenue Wheel Systems generated $1.15B in revenue, accounting 8.63% of the company's total revenue, up 8.41% year-over-year. Structure Systems generated $881M in revenue, accounting 6.63% of the company's total revenue, up 10.68% year-over-year. Fastening Systems generated $1.35B in revenue, accounting 10.15% of the company's total revenue, up 20.77% year-over-year. Engine Products Segment generated $3.28B in revenue, accounting 24.66% of the company's total revenue, up 21.35% year-over-year. Industrial And Other generated $994M in revenue, accounting 7.48% of the company's total revenue Aerospace - Defense generated $1.02B in revenue, accounting 7.63% of the company's total revenue Aerospace - Commercial generated $3.23B in revenue, accounting 24.29% of the company's total revenue

What is Howmet Aerospace’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Howmet Aerospace was Engine Products Segment. This segment made a revenue of $3.28B, representing 24.66% of the company's total revenue.