TTM
27.5%
YoY change
+3.31pp
Trough year (2014)
6.9%
Peak year (2025)
25.8%
Latest annual
25.8%
Operating Margin history chart for Howmet Aerospace (HWM) from 2014 to 2025
Latest: 25.8%
Operating Margin change chart for Howmet Aerospace (HWM) from 2014 to 2025
Latest: +3.31pp
Operating Margin history table for Howmet Aerospace (HWM) from 2014 to 2025
| 2025 | 25.8% | +3.31pp | ||
| 2024 | 22.5% | +3.75pp | ||
| 2023 | 18.8% | +0.49pp | ||
| 2022 | 18.3% | +0.84pp | ||
| 2021 | 17.4% | +1.27pp | ||
| 2020 | 16.1% | -0.58pp | ||
| 2019 | 16.7% | +7.12pp | ||
| 2018 | 9.6% | -0.95pp | ||
| 2017 | 10.5% | +0.75pp | ||
| 2016 | 9.8% | +2.84pp | ||
| 2015 | 7.0% | +0.07pp | ||
| 2014 | 6.9% | — |
- 202525.8%+3.31pp
- 202422.5%+3.75pp
- 202318.8%+0.49pp
- 202218.3%+0.84pp
- 202117.4%+1.27pp
- 202016.1%-0.58pp
- 201916.7%+7.12pp
- 20189.6%-0.95pp
- 201710.5%+0.75pp
- 20169.8%+2.84pp
- 20157.0%+0.07pp
- 20146.9%—
Operating Margin values are taken from Howmet Aerospace's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Howmet Aerospace (HWM)
According to Howmet Aerospace's latest reported financial statements, the company's latest reported operating margin is 27.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Howmet Aerospace (HWM) came in at 25.81% – expanded 3.3 percentage points year-over-year.
The highest annual operating margin of 25.81% was reported in 2025. The lowest in the available history was 6.89% in 2014.
Howmet Aerospace Operating Margin by Year
Howmet Aerospace Operating Margin 2025: 25.8%
Howmet Aerospace operating margin in 2025 was 25.81%, expanded 3.3 percentage points from 2024. This figure represents the highest annual value in the available history.
Howmet Aerospace Operating Margin 2024: 22.5%
2024's operating margin for Howmet Aerospace came in at 22.50%, expanded 3.8 percentage points from 2023.
Howmet Aerospace Operating Margin 2023: 18.8%
Howmet Aerospace posted operating margin of 18.75% in 2023, expanded 0.5 percentage points from 2022.
Howmet Aerospace Operating Margin 2022: 18.3%
In 2022, Howmet Aerospace reported operating margin of 18.26%, expanded 0.8 percentage points from 2021.
Howmet Aerospace Operating Margin 2021: 17.4%
Howmet Aerospace operating margin in 2021 was 17.42%.
See more financial history for Howmet Aerospace (HWM).
Sector peers by Operating Margin
Industrials peers of Howmet Aerospace (HWM), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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