Operating Income for Howmet Aerospace (HWM)
According to Howmet Aerospace's latest reported financial statements, the company's current operating income (TTM) is $2.13B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.13B
YoY change
+27.4%
5Y CAGR
+20.2%
Peak year (2025)
$2.13B
Cumulative operating income
$14.64B
Operating Income history chart for Howmet Aerospace (HWM) from 2014 to 2025
Operating Income history table for Howmet Aerospace (HWM) from 2014 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.13B | +27.4% | ||
| 2024 | $1.67B | +34.3% | ||
| 2023 | $1.25B | +20.4% | ||
| 2022 | $1.03B | +19.4% | ||
| 2021 | $866.00M | +2.0% | ||
| 2020 | $849.00M | -28.5% | ||
| 2019 | $1.19B | -11.8% | ||
| 2018 | $1.35B | -1.5% | ||
| 2017 | $1.37B | +12.6% | ||
| 2016 | $1.21B | +40.8% | ||
| 2015 | $862.00M | -0.2% | ||
| 2014 | $864.00M | — |
Operating Income values are taken from Howmet Aerospace's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Howmet Aerospace (HWM) came in at $2.13B – grew 27.4% year-over-year.
Across 2020–2025 (5 years), Howmet Aerospace operating income produced a CAGR of +20.2% – sustaining 5 straight years of year-over-year growth.
$2.13B stands as the all-time-high annual operating income, posted in 2025, against a low of $849.00M during 2020.
Within Industrials, Howmet Aerospace (HWM) ranks 8th among 8 peers we track. The peer median for operating income is $8.59B.
Howmet Aerospace Operating Income by Year
Howmet Aerospace Operating Income 2025: $2.13B
Howmet Aerospace operating income in 2025 was $2.13B, grew 27.4% from 2024. This figure represents the highest annual value in the available history.
Howmet Aerospace Operating Income 2024: $1.67B
Howmet Aerospace operating income in 2024 was $1.67B, surged 34.3% from 2023.
Howmet Aerospace Operating Income 2023: $1.25B
Howmet Aerospace operating income in 2023 was $1.25B, grew 20.4% from 2022.
Howmet Aerospace Operating Income 2022: $1.03B
Howmet Aerospace operating income in 2022 was $1.03B, grew 19.4% from 2021.
Howmet Aerospace Operating Income 2021: $866.00M
Howmet Aerospace operating income in 2021 was $866.00M.
See more financial history for Howmet Aerospace (HWM).
Sector peers — Operating Income
Companies in the same sector as Howmet Aerospace, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Howmet Aerospace's operating income?
- Latest reported operating income for Howmet Aerospace (HWM) is $2.13B (period ending December 31, 2025).
How has Howmet Aerospace operating income changed year-over-year?
- Howmet Aerospace (HWM) operating income changed +27.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Howmet Aerospace operating income?
- Howmet Aerospace (HWM) operating income compound annual growth rate is +20.2% over the most recent 5 years available.
When did Howmet Aerospace operating income hit its highest annual value?
- Howmet Aerospace operating income reached its highest annual value of $2.13B in 2025.
What was Howmet Aerospace operating income in 2024?
- Howmet Aerospace (HWM) operating income in 2024 was $1.67B.
What was Howmet Aerospace operating income in 2025?
- Howmet Aerospace (HWM) operating income in 2025 was $2.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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