Howmet Aerospace Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 2024
HWM$205.81+2.4%Stored close · as of Nov 6, 2026
Contents
Statement of Consolidated Operations for the Third Quarter and Nine Months Ended Septe mber 30, 2024 and
Statement of Consolidated Operations (unaudited)
(in millions, except per-share amounts)
| Third quarter ended · Nine months ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Sales (C) | $1,835 | $1,658 | $5,539 | $4,909 |
| Cost of goods sold (exclusive of expenses below) | 1,253 | 1,183 | 3,830 | 3,543 |
| Selling, general administrative, and other expenses | 85 | 87 | 270 | 250 |
| Research and development expenses | 9 | 9 | 26 | 27 |
| Provision for depreciation and amortization | 68 | 68 | 204 | 204 |
| Restructuring and other (credits) charges (D) | (1) | 4 | 21 | 8 |
| Operating income | 421 | 307 | 1,188 | 877 |
| Loss on debt redemption (N) | 6 | — | 6 | 1 |
| Interest expense, net | 44 | 54 | 142 | 166 |
| Other expense, net (F) | 17 | 11 | 49 | 5 |
| Income before income taxes | 354 | 242 | 991 | 705 |
| Provision for income taxes (G) | 22 | 54 | 150 | 176 |
| Net income | $332 | $188 | $841 | $529 |
| Amounts Attributable to Howmet Aerospace Common Shareholders (H): | ||||
| Net income | $331 | $187 | $839 | $527 |
| Earnings per share: | ||||
| Basic | $0.81 | $0.45 | $2.06 | $1.28 |
| Diluted | $0.81 | $0.45 | $2.04 | $1.27 |
| Average Shares Outstanding (H): | ||||
| Basic | 408 | 412 | 408 | 412 |
| Diluted | 410 | 415 | 411 | 417 |
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