Howmet Aerospace Inc (HWM)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,155,000 | 1,077,000 | 933,000 | 860,000 | 765,000 | 640,000 | 532,000 | 486,000 | 469,000 | 435,000 | 382,000 | 309,000 | 258,000 | 287,000 | 296,000 | 126,000 | 261,000 | 464,000 | 523,000 | 498,000 |
| Revenue (ttm) | US$ in thousands | 7,430,000 | 7,270,000 | 7,093,000 | 6,861,000 | 6,640,000 | 6,422,000 | 6,197,000 | 5,942,000 | 5,663,000 | 5,435,000 | 5,285,000 | 5,087,000 | 4,972,000 | 4,925,000 | 4,776,000 | 4,834,000 | 6,834,000 | 8,997,000 | 11,422,000 | 13,860,000 |
| Net profit margin | 15.55% | 14.81% | 13.15% | 12.53% | 11.52% | 9.97% | 8.58% | 8.18% | 8.28% | 8.00% | 7.23% | 6.07% | 5.19% | 5.83% | 6.20% | 2.61% | 3.82% | 5.16% | 4.58% | 3.59% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,155,000K ÷ $7,430,000K
= 15.55%
Howmet Aerospace Inc's net profit margin has shown a generally increasing trend over the reported periods, starting at 3.59% in March 2020 and reaching 15.55% by December 2024. This indicates the company's ability to effectively convert revenue into profit, with a consistent improvement in profitability over time. The significant growth in net profit margin reflects efficient cost management, increasing operational efficiency, and potentially successful strategic initiatives implemented by the company. The continuous upward trajectory of the net profit margin suggests positive financial performance and a healthy bottom line for Howmet Aerospace Inc.
Peer comparison
Dec 31, 2024