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Howmet Aerospace (WBO:HWM) Net Margin % : 13.32% (As of Mar. 2024)


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What is Howmet Aerospace Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Howmet Aerospace's Net Income for the three months ended in Mar. 2024 was €224 Mil. Howmet Aerospace's Revenue for the three months ended in Mar. 2024 was €1,678 Mil. Therefore, Howmet Aerospace's net margin for the quarter that ended in Mar. 2024 was 13.32%.

The historical rank and industry rank for Howmet Aerospace's Net Margin % or its related term are showing as below:

WBO:HWM' s Net Margin % Range Over the Past 10 Years
Min: -7.59   Med: 5.08   Max: 12.54
Current: 12.54


WBO:HWM's Net Margin % is ranked better than
78.29% of 304 companies
in the Aerospace & Defense industry
Industry Median: 4.515 vs WBO:HWM: 12.54

Howmet Aerospace Net Margin % Historical Data

The historical data trend for Howmet Aerospace's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Howmet Aerospace Net Margin % Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 4.96 5.19 8.28 11.52

Howmet Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.23 11.71 11.34 13.63 13.32

Competitive Comparison of Howmet Aerospace's Net Margin %

For the Aerospace & Defense subindustry, Howmet Aerospace's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howmet Aerospace's Net Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Net Margin % distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Net Margin % falls into.



Howmet Aerospace Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Howmet Aerospace's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=701.505/6088.88
=11.52 %

Howmet Aerospace's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=223.56/1678.08
=13.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Howmet Aerospace  (WBO:HWM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Howmet Aerospace Net Margin % Related Terms

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Howmet Aerospace (WBO:HWM) Business Description

Traded in Other Exchanges
Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

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