Howmet Aerospace Inc Earnings

Howmet Aerospace Inc’s revenue jumped 10.68% since last year same period to $1835Mn in the Q3 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated -2.39% fall in its revenue since last 3-months.

Howmet Aerospace Inc’s net profit jumped 76.6% since last year same period to $332Mn in the Q3 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated 24.81% jump in its net profits since last 3-months.

Howmet Aerospace Inc’s net profit margin jumped 59.56% since last year same period to 18.09% in the Q3 2024. On a quarterly growth basis, Howmet Aerospace Inc has generated 27.87% jump in its net profit margins since last 3-months.

Howmet Aerospace Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 42.06.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current quarter stand at 0.65 - a 8.33% jump from last quarter’s estimates.

Howmet Aerospace Inc’s earning per share (EPS) estimates for the current year stand at 0.65.

Howmet Aerospace Inc’s earning per share (EPS) jumped 54.35% since last year same period to 0.71 in the Q3 2024. This indicates that the Howmet Aerospace Inc has generated 54.35% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.09.

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 0.26.

Howmet Aerospace Inc declared 0.08 dividend per share during the earnings announcement for Q3 2024.