Earnings Summary

Howmet Aerospace Inc’s revenue jumped 18.31% since last year same period to $1648Mn in the Q2 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 2.81% jump in its revenue since last 3-months.

Howmet Aerospace Inc’s net profit jumped 31.29% since last year same period to $193Mn in the Q2 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 30.41% jump in its net profits since last 3-months.

Howmet Aerospace Inc’s net profit margin jumped 10.98% since last year same period to 11.71% in the Q2 2023. On a quarterly growth basis, Howmet Aerospace Inc has generated 26.84% jump in its net profit margins since last 3-months.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current quarter stand at 0.38 - a 5.56% jump from last quarter’s estimates.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current year stand at 0.38.

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 0.15.

Howmet Aerospace Inc declared 0.04 dividend per share during the earnings announcement for Q1 2023.