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HWM

Howmet Aerospace Inc

$80.2

Earnings Summary

Revenue
$1824Mn
Net Profits
$243Mn
Net Profit Margins
13.32%
PE Ratio
38.74

Highlights

Revenue:

Howmet Aerospace Inc’s revenue jumped 13.79% since last year same period to $1824Mn in the Q1 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated 5.37% jump in its revenue since last 3-months.

Net Profits:

Howmet Aerospace Inc’s net profit jumped 64.19% since last year same period to $243Mn in the Q1 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated 2.97% jump in its net profits since last 3-months.

Net Profit Margins:

Howmet Aerospace Inc’s net profit margin jumped 44.3% since last year same period to 13.32% in the Q1 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated -2.28% fall in its net profit margins since last 3-months.

PE Ratio:

Howmet Aerospace Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 38.74.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Howmet Aerospace Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.6
EPS Estimate Current Year
0.6

Highlights

EPS Estimate Current Quarter:

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current quarter stand at 0.6 - a 15.38% jump from last quarter’s estimates.

EPS Estimate Current Year:

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current year stand at 0.6.

Key Ratios

Key ratios of the Howmet Aerospace Inc post its Q1 2024 earnings

Earning Per Share (EPS)
0.57
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.22
Dividend Per Share (DPS)
0.05

Highlights

Earning Per Share (EPS):

Howmet Aerospace Inc’s earning per share (EPS) jumped 35.71% since last year same period to 0.57 in the Q1 2024. This indicates that the Howmet Aerospace Inc has generated 35.71% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 0.08.

Earning Per Share (EPS):

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 0.22.

Dividend Per Share (DPS):

Howmet Aerospace Inc declared 0.05 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
0.52
0.57
9.62%