Howmet Aerospace Inc

Chart & Performance

D1W1MN

P/E

59.74

P/S

6.88

EPS

1.88

Div Yield, %

0.16%

Shrs. gr., 5y

-3.73%

Rev. gr., 5y

-13.88%

Revenues

6.64b

+17.25%

Net income

765m

+63.11%

CFO

901m

+22.92%

Dividend

Nov 08, 20240.08 USD/sh

Earnings

Feb 11, 2025

Profile

Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets; and roofing, architectural composite panels, ventilated facades and ceiling panels, spacers, culvert pipes, and gutters for building and construction markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors under the Kawneer, Reynobond, and Reynolux brands. The Extrusions segment offers extruded products, including aerospace shapes, automotive shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The company offers its products directly to customers, as well as through distributors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in April 2020. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

URL

https://www.howmet.com/

IPO date

Jun 11, 1951

Employees

11,550

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	6,640,000 17.25%	5,663,000 13.90%	4,972,000 -5.46%
Cost of revenue	5,405,000	4,423,000	3,864,000
Unusual Expense (Income)
NOPBT	1,235,000	1,240,000	1,108,000
NOPBT Margin	18.60%	21.90%	22.28%
Operating Taxes	210,000	137,000	66,000
Tax Rate	17.00%	11.05%	5.96%
NOPAT	1,025,000	1,103,000	1,042,000
Net income	765,000 63.11%	469,000 81.78%	258,000 -1.15%
Dividends	(73,000)	(44,000)	(19,000)
Dividend yield	0.32%	0.27%	0.14%
Proceeds from repurchase of equity	(250,000)	(384,000)	(408,000)
BB yield	1.11%	2.31%	2.95%
Debt
Debt current	238,000	32,000	5,000
Long-term debt	3,726,000	4,277,000	4,341,000
Deferred revenue
Other long-term liabilities	1,010,000	1,010,000	1,231,000
Net debt	3,354,000	3,518,000	3,626,000
Cash flow
Cash from operating activities	901,000	733,000	449,000
CAPEX	(219,000)	(193,000)	(199,000)
Cash from investing activities	(215,000)	(135,000)	107,000
Cash from financing activities	(868,000)	(526,000)	(1,444,000)
FCF	575,000	1,105,000	1,176,000
Balance
Cash	610,000	791,000	720,000
Long term investments
Excess cash	278,000	507,850	471,400
Stockholders' equity	355,000	(346,000)	(783,000)
Invested Capital	8,604,000	9,103,000	9,693,000
ROIC	11.58%	11.74%	10.00%
ROCE	13.90%	14.16%	12.44%
EV
Common stock shares outstanding	416,000	421,000	435,000
Price	54.12 37.33%	39.41 23.81%	31.83 11.53%
Market cap	22,513,920 35.69%	16,591,610 19.83%	13,846,050 10.51%
EV	25,922,920	20,164,610	17,527,050
EBITDA	1,507,000	1,505,000	1,378,000
EV/EBITDA	17.20	13.40	12.72
Interest	218,000	229,000	259,000
Interest/NOPBT	17.65%	18.47%	23.38%