Howmet Aerospace (HWM) Operating Income (2009 - 2026)
Howmet Aerospace (HWM) recorded Operating Income of $711 million in Q2 2026, up 36.5% from $521 million a year earlier but down 5.6% from the prior quarter.
Howmet Aerospace (HWM) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Howmet Aerospace's Operating Income came in at $2.5 billion as of Jun 30, 2026, up 32.6% year-over-year; for FY2025, it came in at $2.05 billion, up 25.3% from FY2024.
- Annual Operating Income has increased for six straight years, with a five-year compound annual growth rate of 26.7% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.63 billion in FY2024 (+35.7%), $1.2 billion in FY2023 (+30.9%), $919 million in FY2022 (+22.9%) and $748 million in FY2021 (+19.5%).
- Quarterly Operating Income has ranged from $147 million in Q4 2021 to $753 million in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Income has increased for 18 consecutive quarters, with growth averaging 33.2% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 180.8% in Q3 2021, against a decline of 33.5% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $753 million (Q1 2026), $489 million (Q4 2025) and $542 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | -6.18 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 2.81 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 1.46 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 809.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 1.10 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.79 Bn |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 1.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 711.00 Mn |
| Mar 31, 2026 | 753.00 Mn |
| Dec 31, 2025 | 489.00 Mn |
| Sep 30, 2025 | 542.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 494.00 Mn |
| Dec 31, 2024 | 445.00 Mn |
| Sep 30, 2024 | 421.00 Mn |
| Jun 30, 2024 | 398.00 Mn |
| Mar 31, 2024 | 369.00 Mn |
| Dec 31, 2023 | 326.00 Mn |
| Sep 30, 2023 | 307.00 Mn |
| Jun 30, 2023 | 285.00 Mn |
| Mar 31, 2023 | 285.00 Mn |
| Dec 31, 2022 | 220.00 Mn |
| Sep 30, 2022 | 228.00 Mn |
| Jun 30, 2022 | 241.00 Mn |
| Mar 31, 2022 | 230.00 Mn |
| Dec 31, 2021 | 147.00 Mn |
| Sep 30, 2021 | 205.00 Mn |
Howmet Aerospace Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=HWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "HWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();