Earnings Summary

Howmet Aerospace Inc’s revenue jumped 14.41% since last year same period to $1731Mn in the Q4 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 4.4% jump in its revenue since last 3-months.

Howmet Aerospace Inc’s net profit jumped 112.61% since last year same period to $236Mn in the Q4 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 25.53% jump in its net profits since last 3-months.

Howmet Aerospace Inc’s net profit margin jumped 85.84% since last year same period to 13.63% in the Q4 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 20.24% jump in its net profit margins since last 3-months.

Howmet Aerospace Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 34.98.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current quarter stand at 0.52 - a 10.64% jump from last quarter’s estimates.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current year stand at 0.52.

Howmet Aerospace Inc’s earning per share (EPS) jumped 39.47% since last year same period to 0.53 in the Q4 2023. This indicates that the Howmet Aerospace Inc has generated 39.47% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Howmet Aerospace Inc’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Howmet Aerospace Inc’s return on equity (ROE) stands at 0.2.

Howmet Aerospace Inc declared 0.1 dividend per share during the earnings announcement for Q4 2023.