Howmet Aerospace Inc. (NYSE: HWM)

Specialty Industrial Machinery · Pittsburgh, PA, United States · Founded 2020

$40.0B

Market Cap

$8.25B

Revenue

22,000

Employees

$1.51B

Net Income

📊 Key Statistics for Howmet Aerospace Inc. (HWM)

Market capitalization: $40.0 billion
Annual revenue: $8.25 billion
Net income: $1.51 billion
Employees: 22,000
Sector: Industrials
Headquarters: Pittsburgh, United States
Founded: 2020

Source: Statvoo company profile for Howmet Aerospace Inc.. Browse all 500+ companies

📋 About Howmet Aerospace Inc.

Howmet Aerospace is a specialty engineering company that manufactures advanced components for jet engines, airframes, and industrial gas turbines. The company produces the precision-cast turbine blades, fasteners, and engineered structures that are critical to modern aviation. Howmet's products are found in virtually every commercial and military jet engine in production. The company was carved out of Arconic in 2020.

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💰 How Howmet Aerospace Inc. Makes Money

Howmet earns revenue from the sale of engineered aerospace components under long-term supply agreements with engine manufacturers and airframers. The high barriers to entry in precision casting and forging—requiring decades of metallurgical expertise and customer qualification—create durable competitive advantages.

📜 Key Milestones

Howmet's roots trace to Alcoa's aerospace division, which was separated as Arconic in 2016 and then split again into Howmet Aerospace and Arconic Corporation in 2020. The company's investment casting technology was originally developed for military jet engines in the 1950s. Under CEO John Plant, Howmet has delivered industry-leading margins through operational discipline.

📊 Financial Overview

Market Capitalization	$40.0B
Annual Revenue	$8.25B
Net Income	$1.51B
Profit Margin	18%
Revenue per Employee	$375000K
Stock Exchange	NYSE
Ticker Symbol	HWM

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Howmet's single-crystal turbine blades can withstand temperatures above their own melting point—a metallurgical feat that enables modern jet engine efficiency. The company is one of only a handful of suppliers qualified to produce critical rotating parts for major jet engines.

📝 Analyst Take

Howmet is a pure-play bet on aerospace production rates, and with Boeing and Airbus backlogs stretching years into the future, the demand visibility is exceptional. John Plant has turned this into one of the best-managed industrial companies in America.

❓ Frequently Asked Questions