Howmet Aerospace (HWM) Revenue & Revenue Breakdown
Howmet Aerospace Revenue Highlights
Latest Revenue (Y)
$6.64B
Latest Revenue (Q)
$1.88B
Main Segment (Y)
Aerospace - Commercial
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 |
|---|---|---|
| 2024-06-30 | $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 $1.88B in revenue during Q2 2024, up 3.07% compared to the previous quarter, and up 117.28% 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 |
|---|---|---|---|---|---|
| Industrial And Other | $994.00M | - | - | - | - |
| Commercial Transportation | $1.40B | - | - | - | - |
| Aerospace - Defense | $1.01B | - | - | - | - |
| Aerospace - Commercial | $3.23B | - | - | - | - |
| Structure Systems | - | $796.00M | $731.00M | $934.00M | - |
| Engine Products Segment | - | $2.70B | $2.29B | $2.41B | - |
| Wheel Systems | - | $1.06B | $921.00M | $679.00M | - |
| Fastening Systems | - | $1.12B | $1.04B | $1.25B | - |
| Other Group | - | - | - | - | $5.00M |
| Arconic Engine Products | - | - | - | - | $3.45B |
| Arconic Fastening Systems | - | - | - | - | $1.56B |
| Arconic Forged Wheels | - | - | - | - | $969.00M |
| Flat Rolled Aluminum | - | - | - | - | $5.47B |
| Investment Castings | - | - | - | - | $1.12B |
| Architectural Aluminum Systems | - | - | - | - | $1.12B |
| Aluminum Extrusions | - | - | - | - | $493.00M |
Howmet Aerospace's latest annual revenue breakdown by segment (product or service), as of Dec 23: Aerospace - Commercial (48.63%), Commercial Transportation (21.11%), Aerospace - Defense (15.29%), and Industrial And Other (14.97%).
Quarterly Revenue by Product
| Product/Service | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Structure Systems | $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 | $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 | - | - | - | - | - | - |
| Wheel Systems | $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 | - | - | - | - | - | - |
| Fastening Systems | $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 | - | - | - | - | - | - |
| 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 | - | - |
| Engineered Products And Solutions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.73B | $1.79B |
| Global Rolled Products | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.67B | $1.80B |
Howmet Aerospace's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Engine Products Segment (49.58%), Fastening Systems (20.91%), Structure Systems (14.76%), and Wheel Systems (14.76%).
Howmet Aerospace Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| ITALY | $220.00M | $180.00M | - | - | - |
| JAPAN | $378.00M | $319.00M | $77.00M | $76.00M | $190.00M |
| MEXICO | $263.00M | $235.00M | - | - | - |
| Other Geographical Regions | $909.00M | $742.00M | $630.00M | $586.00M | $204.00M |
| POLAND | $130.00M | $96.00M | - | - | - |
| UNITED STATES | $3.27B | $2.93B | $2.54B | $2.78B | $9.55B |
| CHINA | $98.00M | $111.00M | $213.00M | $231.00M | $630.00M |
| CANADA | $145.00M | $138.00M | $127.00M | $119.00M | $313.00M |
| FRANCE | $578.00M | $394.00M | $319.00M | $388.00M | $864.00M |
| GERMANY | $363.00M | $292.00M | $181.00M | $181.00M | $322.00M |
| BRAZIL | - | - | $71.00M | $75.00M | $159.00M |
| HUNGARY | - | - | $257.00M | $309.00M | $719.00M |
Howmet Aerospace's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (51.49%), Other Geographical Regions (14.30%), FRANCE (9.09%), JAPAN (5.95%), GERMANY (5.71%), MEXICO (4.14%), ITALY (3.46%), CANADA (2.28%), POLAND (2.04%), and CHINA (1.54%).
Howmet Aerospace Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GD | General Dynamics | $42.27B | - |
| NOC | Northrop Grumman | $39.29B | $10.22B |
| LHX | L3Harris | $19.42B | $5.30B |
| HII | Huntington Ingalls Industries | $11.45B | $2.98B |
| HWM | Howmet Aerospace | $6.64B | $1.88B |
| SPR | Spirit AeroSystems | $6.05B | $1.49B |
| ERJ | Embraer | $5.24B | $896.60M |
| AIR | AAR | $4.20B | $567.30M |
| MOG-A | Moog | $3.32B | $904.74M |
| WWD | Woodward | $2.91B | $847.69M |
| CW | Curtiss-Wright | $2.85B | $784.79M |
| HXL | Hexcel | $1.79B | $499.90M |
| MRCY | Mercury Systems | $835.27M | $208.26M |
| DCO | Ducommun | $756.99M | $197.00M |
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 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). The company'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). HWM's quarterly revenue for Q4 2023 was $1.73B, a 4.40% increase from the previous quarter (Q3 2023), and a 14.41% increase year-over-year (Q4 2022).
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 Industrial And Other, Commercial Transportation, Aerospace - Defense, and Aerospace - Commercial. Industrial And Other generated $994M in revenue, accounting 14.97% of the company's total revenue Commercial Transportation generated $1.4B in revenue, accounting 21.11% of the company's total revenue Aerospace - Defense generated $1.02B in revenue, accounting 15.29% of the company's total revenue Aerospace - Commercial generated $3.23B in revenue, accounting 48.63% 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 Aerospace - Commercial. This segment made a revenue of $3.23B, representing 48.63% of the company's total revenue.