Howmet Aerospace Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Howmet Aerospace Inc (HWM). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Engine Products | $2.41B 45.8% | $2.29B 45.9% · -5.2% | $2.70B 47.6% · +18.0% | $3.27B 49.2% · +21.1% | $3.74B 50.3% · +14.4% | $4.32B 52.4% · +15.7% |
| Fastening Systems | $1.25B 23.6% | $1.04B 21.0% · -16.1% | $1.12B 19.7% · +7.0% | $1.35B 20.3% · +20.8% | $1.58B 21.2% · +16.8% | $1.75B 21.1% · +10.7% |
| Engineered Structures | – | – | – | $878.0M 13.2% | $1.07B 14.3% · +21.3% | $1.15B 13.9% · +7.8% |
| Forged Wheels | – | – | $1.06B 18.7% | $1.15B 17.3% · +8.4% | $1.05B 14.2% · -8.1% | $1.04B 12.6% · -1.4% |
| Engineered Structures | $934.0M 17.7% | $731.0M 14.7% · -21.7% | $790.0M 14.0% · +8.1% | – | – | – |
| Forged Wheels | $679.0M 12.9% | $921.0M 18.5% · +35.6% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $2.78B 52.9% | $2.54B 51.1% · -8.6% | $2.93B 51.7% · +15.2% | $3.27B 49.3% · +11.8% | $3.71B 50.0% · +13.4% | $4.38B 53.0% · +17.9% |
| Other | $586.0M 11.1% | $630.0M 12.7% · +7.5% | $742.0M 13.1% · +17.8% | $909.0M 13.7% · +22.5% | $940.0M 12.7% · +3.4% | $1.03B 12.4% · +9.0% |
| France | $327.0M 6.2% | $330.0M 6.6% · +0.9% | $394.0M 7.0% · +19.4% | $578.0M 8.7% · +46.7% | $678.0M 9.1% · +17.3% | $625.0M 7.6% · -7.8% |
| Japan | $388.0M 7.4% | $319.0M 6.4% · -17.8% | $319.0M 5.6% · +0.0% | $378.0M 5.7% · +18.5% | $355.0M 4.8% · -6.1% | $513.0M 6.2% · +44.5% |
| Germany | $309.0M 5.9% | $257.0M 5.2% · -16.8% | $292.0M 5.2% · +13.6% | $363.0M 5.5% · +24.3% | $458.0M 6.2% · +26.2% | $439.0M 5.3% · -4.1% |
| United Kingdom | $231.0M 4.4% | $213.0M 4.3% · -7.8% | $228.0M 4.0% · +7.0% | $283.0M 4.3% · +24.1% | $350.0M 4.7% · +23.7% | $376.0M 4.6% · +7.4% |
| Italy | $181.0M 3.4% | $181.0M 3.6% · +0.0% | $180.0M 3.2% · -0.6% | $220.0M 3.3% · +22.2% | $287.0M 3.9% · +30.5% | $264.0M 3.2% · -8.0% |
| Canada | $119.0M 2.3% | $127.0M 2.6% · +6.7% | $138.0M 2.4% · +8.7% | $145.0M 2.2% · +5.1% | $174.0M 2.3% · +20.0% | $187.0M 2.3% · +7.5% |
| Mexico | $185.0M 3.5% | $225.0M 4.5% · +21.6% | $235.0M 4.1% · +4.4% | $263.0M 4.0% · +11.9% | $220.0M 3.0% · -16.3% | $166.0M 2.0% · -24.5% |
| Poland | $76.0M 1.4% | $77.0M 1.5% · +1.3% | $96.0M 1.7% · +24.7% | $130.0M 2.0% · +35.4% | $152.0M 2.0% · +16.9% | $150.0M 1.8% · -1.3% |
| China | $75.0M 1.4% | $71.0M 1.4% · -5.3% | $111.0M 2.0% · +56.3% | $98.0M 1.5% · -11.7% | $103.0M 1.4% · +5.1% | $130.0M 1.6% · +26.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Aerospace - Commercial | $2.61B 46.0% | $3.23B 48.6% · +23.9% | $3.87B 52.1% · +19.9% | $4.32B 52.4% · +11.7% |
| Aerospace - Defense | $923.0M 16.3% | $1.02B 15.3% · +10.0% | $1.16B 15.7% · +14.7% | $1.41B 17.1% · +21.0% |
| Commercial Transportation | $1.28B 22.7% | $1.40B 21.1% · +9.3% | $1.31B 17.6% · -6.7% | $1.25B 15.1% · -4.6% |
| Gas Turbines | – | $674.0M 10.2% | $755.0M 10.2% · +12.0% | $944.0M 11.4% · +25.0% |
| Other | – | $320.0M 4.8% | $332.0M 4.5% · +3.8% | $329.0M 4.0% · -0.9% |
| Industrial and Other | $851.0M 15.0% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.