Filing Flows › Howmet Aerospace (HWM) › Q1 2025
Howmet Aerospace (HWM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Howmet Aerospace (HWM) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was 25.4%, net earnings $344M (17.7% of revenue).
Howmet Aerospace, Q1 2025: revenue $1.9B (+6% year over year), operating margin 25.4%, net earnings $344M, operating cash flow $253M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +3% | +6% |
| Operating profit | $494M | +11% | +34% |
| Net earnings | $344M | +10% | +42% |
| Operating cash flow | $253M | -47% | +43% |
| Free cash flow | $134M | -65% | +41% |
What changed
Revenue was $1.9B in Q1 2025, up 6% year over year and up 3% from the previous quarter. Aerospace - Commercial was the largest line at 52% of revenue. Aerospace - Commercial added $0.09B year over year (up 9%), 75% of the total change. Commercial Transportation declined 14%.
Operating profit was $0.49B, a 25.4% margin (up 5.2 points year over year). Of the extra revenue versus a year earlier, 106% reached operating profit, above the 20% margin then. Total costs fell 0% while revenue rose 6%. Net earnings were $0.34B, up 42% year over year. The effective tax rate was 22.9%.
Operating cash flow was $0.25B (up 43% year over year), 74% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items used $0.16B. Capital expenditures of $0.12B left free cash flow of $0.13B.
Questions
What was Howmet Aerospace's revenue in the first quarter 2025?
Howmet Aerospace (HWM) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), +6% from a year earlier and +3% from the quarter before.
Was Howmet Aerospace profitable in the first quarter 2025?
Operating profit was $494M (25.4% of revenue) and net earnings $344M.
Source: Howmet Aerospace 10-Q on SEC EDGAR.