Howmet Aerospace
HWM
#520
Rank
ยฃ30.29 B
Marketcap
ยฃ74.24
Share price
2.90%
Change (1 day)
95.63%
Change (1 year)
Categories
Howmet Aerospace Inc., is an American aerospace company that manufactures components for jet engines, fasteners and titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

Operating Margin for Howmet Aerospace (HWM)

Operating Margin as of September 2024 (TTM): 16.19%

According to Howmet Aerospace 's latest financial reports and stock price the company's current Operating Margin is 16.19%. At the end of 2023 the company had an Operating Margin of 14.68%.

Operating Margin history for Howmet Aerospace from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.68%37.22%
202210.70%64.21%
20216.52%100.41%
20203.25%9.9%
20192.96%-53.15%
20186.31%74.12%
20173.63%8.57%
20163.34%126.58%
20151.47%63.63%
20140.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.56%-65.66%๐Ÿ‡บ๐Ÿ‡ธ USA
6.93%-57.20%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.