Income Statement Research
Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Snapshot
HOWMET AEROSPACE INC.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+13.5%Compound growth, FY2021 to FY2025
Gross profit
FY2025Latest annual filing, FY2025
Operating Income
+28.6%Compound growth, FY2021 to FY2025
Net income
+55.5%Compound growth, FY2021 to FY2025
Headline results
Four lines, five fiscal years, straight from the filings.
HOWMET AEROSPACE INC. headline income statement — FY2025
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
The full annual income statement layer for HOWMET AEROSPACE INC., from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
HOWMET AEROSPACE INC. expanded income statement — FY2025
Expanded annual statement lines sourced from the SEC EDGAR database for HOWMET AEROSPACE INC..
Margins
How much of HOWMET AEROSPACE INC.'s revenue survives through gross profit, operating income, and net income.
Gross margin
N/AFY2025, versus FY2021
Operating Margin
+975 bpsFY2025, versus FY2021
Net income margin
+1309 bpsFY2025, versus FY2021
Observation window
yearsFY2021 through FY2025
Margin table
Side-by-side read of gross, operating and net margin.
HOWMET AEROSPACE INC. margins — FY2025
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Every headline line of HOWMET AEROSPACE INC.'s statement measured against the immediately prior period.
Revenue YoY
FY2024FY2025 versus FY2024
Gross profit YoY
FY2024FY2025 versus FY2024
Op. income YoY
FY2024FY2025 versus FY2024
Net income YoY
FY2024FY2025 versus FY2024
Year-on-year table
Contractions are tinted so slowdowns are obvious.
HOWMET AEROSPACE INC. year-on-year change — FY2025
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.
Revenue CAGR
4yrFY2021 to FY2025
Gross profit CAGR
4yrFY2021 to FY2025
Op. income CAGR
4yrFY2021 to FY2025
Net income CAGR
4yrFY2021 to FY2025
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.
Commentary
A written read of the filing-backed figures above. The statement itself remains the source of truth.
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Over the past five years, HOWMET AEROSPACE INC. has shown strong top-line growth and improving profitability. Revenues increased steadily from USD 4,972 million in 2021 to USD 8,252 million in 2025, representing roughly a 66% increase over the period. Operating income and net income followed similar upward trends. Operating income surged from USD 748 million in 2021 to USD 2,046 million in 2025—a nearly 174% jump—indicating effective cost management and efficient operations despite the competitive pressures in the aerospace sector. With net income rising from USD 258 million to USD 1,508 million over the period, the company witnessed remarkable acceleration in profit margins, signaling that both operational leverage and possibly improved cost structures were at play. Notably, the year-over-year increases in operating and net incomes often exceeded 20%, especially the impressive leap from 2021 to 2022, where net income rose by over 80%. This significant swing could stem from enhanced production efficiencies, strong market demand, or successful strategic initiatives to boost margins amid a cyclical industry that has recently benefited from increased global aerospace activity and recovery from previous disruptions. Although gross profit values were not provided, the consistent improvement in operating and net results points to robust financial health and a sustainable performance trend. Overall, the data-driven growth in revenues and earnings suggests HOWMET is well-positioned to capitalize on market opportunities and maintain stability in an evolving aerospace landscape.
This analysis is for informational purposes only and does not constitute financial advice or a recommendation for any investment decision. Please consult a qualified financial professional for personalised guidance.
