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COMPANY BENCHMARKING • UNITED STATES

Howmet Aerospace Inc. - Company Profile

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Howmet Aerospace Inc. - Overview

Description
Howmet Aerospace is a public company headquartered in Pennsylvania with an estimated 21,400 employees. In the US, the company has a notable market share in at least three industries: Nonferrous Metal Foundry Products Manufacturing, Metal Stamping & Forging, Screw, Nut & Bolt Manufacturing and Screw, Nut & Bolt Manufacturing. Their largest market share is in the Nonferrous Metal Foundry Products Manufacturing industry, where they account for an estimated 21.5% of total industry revenue.
Company Details

Registered Name: Howmet Aerospace Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 201 Isabella Street Pittsburgh PA 15212-5872

Website: http://arconic.com/

Employees: 21400

Howmet Aerospace Inc. - Operating Industries and Main Competitors

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Howmet Aerospace Inc. - Products and Services

  • Metal Stamping & Forging in the US

  • Of the 6 core revenue-generating products and services in the Metal Stamping & Forging in the US industry, Howmet Aerospace Inc. offers:
    • Nonferrous forging
    • Other
  • Screw, Nut & Bolt Manufacturing in the US

  • Of the 5 core revenue-generating products and services in the Screw, Nut & Bolt Manufacturing in the US industry, Howmet Aerospace Inc. offers:
    • Nonthreaded metal fasteners
    • Threaded metal fasteners
  • Nonferrous Metal Foundry Products Manufacturing in the US

  • Of the 5 core revenue-generating products and services in the Nonferrous Metal Foundry Products Manufacturing in the US industry, Howmet Aerospace Inc. offers:
    • Aluminum die-cast products
    • Copper foundry products
    • Die-cast products made from other nonferrous metals
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Howmet Aerospace Inc. - Analyst Insights

Howmet Aerospace eyed by Boeing and Airbus as alternative titanium supplier

February 24nd, 2022 Howmet Aerospace has been named as a potential supplier of titanium for major aircraft manufacturers in response to the ongoing war in Ukraine. Russia’s VSMPO-Avisma has historically been the largest supplier of titanium in the industry, but has been forced to cease all exports to the United States and western Europe due to economic sanctions imposed by NATO and its allies. This poses a potential opportunity for Howmet and other players in the west to fill the void left by VSMPO and boost their standing in the industry.

Competition|New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

Lorem Ipsum text header Report Title

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Howmet Aerospace Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Howmet Aerospace Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Metal Stamping & Forging in the US, Screw, Nut & Bolt Manufacturing in the US, and Nonferrous Metal Foundry Products Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Howmet Aerospace Inc. - Financial Statements & Ratios

pie_chartHowmet Aerospace Inc. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue6,640.05,663.04,972.05,259.07,098.06,778.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartHowmet Aerospace Inc. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents610.0791.0720.01,610.01,577.02,277.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartHowmet Aerospace Inc. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net IncomeN/A469.0258.0261.0470.0642.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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