Howmet Aerospace (HWM) Operating Income (2009 - 2026)
Howmet Aerospace (HWM) recorded Operating Income of $777 million in Q3 2026, up 43.4% from $542 million a year earlier and up 9.3% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Howmet Aerospace's Operating Income came in at $2.73 billion as of Sep 30, 2026, up 36.4% 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%).
- The Q3 2026 figure is the highest quarterly Operating Income since Q4 2015.
- On a year-over-year basis, Operating Income has increased for 19 consecutive quarters, with growth averaging 34.0% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 52.4% in Q1 2026, against a decline of 33.5% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $711 million (Q2 2026), $753 million (Q1 2026) and $489 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn | 2.79 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn | -178.00 Mn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn | 3.34 Bn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn | 2.44 Bn |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn | 354.00 Mn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn | 1.53 Bn |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn | 777.00 Mn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn | 777.00 Mn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn | 1.27 Bn |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn | 1.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 777.00 Mn |
| 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 |
API Access
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_KEYimport 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();