Howmet Aerospace Inc. (HWM) closed fiscal year 2025 with a gross margin of 34.2 % and a net margin of 18.3 %.
Howmet Aerospace Inc. (HWM) closed fiscal year 2025 with a gross margin of 34.2 % and a net margin of 18.3 %. The same year shows an EBITDA margin of 28.2 % and an EBIT margin of 24.8 %. The free cash flow margin was 17.3 %. Against the previous year the gross margin moved +3.1 pp and the net margin +2.7 pp. Across the period the gross margin ranges between 8.3 % in 2009 and 34.2 % in 2025. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 22.12 % | 17.57 % | 8.34 % | 18.27 % | 17.92 % | 13.92 % | 16.26 % | — | — | — | — | — | — | — | — | 27.55 % | 28.12 % | 31.10 % | 34.17 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | 15.37 % | 16.83 % | 7.96 % | 19.93 % | 15.71 % | 18.33 % | 20.47 % | 20.91 % | 22.21 % | 25.71 % | 28.22 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | 5.06 % | 7.70 % | 3.70 % | 11.43 % | 8.16 % | 11.90 % | 15.04 % | 16.23 % | 18.12 % | 21.98 % | 24.79 % |
| Net margin (%) | 8.76 % | -0.28 % | -6.24 % | 1.21 % | 2.45 % | 0.81 % | -9.92 % | 2.14 % | -2.59 % | -7.59 % | -0.57 % | 9.47 % | 6.62 % | 4.96 % | 5.19 % | 8.28 % | 11.52 % | 15.55 % | 18.27 % |
| FCF margin (%) | -1.72 % | -8.10 % | -1.37 % | 5.93 % | 3.63 % | 1.00 % | 1.67 % | 3.63 % | 3.24 % | -8.31 % | -4.90 % | -8.13 % | -2.54 % | -4.91 % | 5.03 % | 9.54 % | 10.27 % | 13.15 % | 17.34 % |
