Howmet Aerospace Inc
For the period ended Jun 30, 2024. Filed Jul 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 30, 2024
HWM$205.81+2.4%Stored close · as of Nov 6, 2026
Contents
Statement of Consolidated Operations for the Second Quarter and Six Months Ended June, 2024 and
Statement of Consolidated Operations (unaudited)
(in millions, except per-share amounts)
| Second quarter ended · Six months ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Sales (C) | $1,880 | $1,648 | $3,704 | $3,251 |
| Cost of goods sold (exclusive of expenses below) | 1,287 | 1,196 | 2,577 | 2,360 |
| Selling, general administrative, and other expenses | 97 | 88 | 185 | 163 |
| Research and development expenses | 7 | 9 | 17 | 18 |
| Provision for depreciation and amortization | 69 | 67 | 136 | 136 |
| Restructuring and other charges (D) | 22 | 3 | 22 | 4 |
| Operating income | 398 | 285 | 767 | 570 |
| Loss on debt redemption (N) | — | — | — | 1 |
| Interest expense, net | 49 | 55 | 98 | 112 |
| Other expense (income), net (F) | 15 | (13) | 32 | (6) |
| Income before income taxes | 334 | 243 | 637 | 463 |
| Provision for income taxes (G) | 68 | 50 | 128 | 122 |
| Net income | $266 | $193 | $509 | $341 |
| Amounts Attributable to Howmet Aerospace Common Shareholders (H): | ||||
| Net income | $266 | $193 | $508 | $340 |
| Earnings per share: | ||||
| Basic | $0.65 | $0.47 | $1.24 | $0.82 |
| Diluted | $0.65 | $0.46 | $1.23 | $0.81 |
| Average Shares Outstanding (H): | ||||
| Basic | 408 | 413 | 409 | 413 |
| Diluted | 411 | 417 | 411 | 417 |
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