Howmet Aerospace
HWM
$66.40
Share price
2.47%
Change (1 day)
56.57%
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 April 2024 (TTM): 11.53%
According to Howmet Aerospace 's latest financial reports and stock price the company's current Operating Margin is 11.53%. At the end of 2022 the company had an Operating Margin of 10.70%.
Operating Margin history for Howmet Aerospace from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.70% | 64.21% |
| 2021 | 6.52% | 100.41% |
| 2020 | 3.25% | -19.75% |
| 2019 | 4.05% | -34.59% |
| 2018 | 6.19% | 70.79% |
| 2017 | 3.63% | 8.83% |
| 2016 | 3.33% | 126.03% |
| 2015 | 1.47% | 63.63% |
| 2014 | 0.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Triumph Group
TGI | -2.59% | -122.46% | 🇺🇸 USA |
 Raytheon Technologies RTX | 8.98% | -22.12% | 🇺🇸 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.