Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Howmet Aerospace Inc. (HWM) had Return on Tangible Equity of 58.41% for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$2.31B
Net Income	$580.00M
Cost of Goods Sold	$1.46B
Gross Profit	$854.00M
Operating Expenses	$1.56B
Operating Income	$753.00M
Non-Operating Income/Expense	$-45.00M
Pre-Tax Income	$708.00M
Normalized Pre-Tax Income	$708.00M
Income after Taxes	$580.00M
Income from Continuous Operations	$580.00M
Consolidated Net Income/Loss	$580.00M
Normalized Income after Taxes	$580.00M
EBIT	$753.00M
EBITDA	$827.00M
Weighted-Average Shares Outstanding (Basic)	401.00M
Weighted-Average Shares Outstanding (Diluted)	403.00M
Earnings per Share (EPS) (Basic)	$1.45
Earnings per Share (EPS) (Diluted)	$1.44
Balance Sheet Financials
Current Assets	$5.66B
Property, Plant, and Equipment	$2.61B
Long-Term Assets	$7.41B
Total Assets	$13.07B
Current Liabilities	$2.31B
Long-Term Debt	$4.05B
Long-Term Liabilities	$5.23B
Total Liabilities	$7.54B
Common Equity	$5.52B
Tangible Shareholders Equity	$993.00M
Shareholders Equity	$5.52B
Common Shares Outstanding	400.11M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$453.00M
Cash Flow from Investing Activities	$14.00M
Cash Flow from Financial Activities	$1.23B
Beginning Cash	$743.00M
End Cash	$2.44B
Increase/Decrease in Cash	$1.69B
Stock-Based Compensation	$21.00M
Common Stock Dividends Paid	$-48.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.44
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.42
Debt to Equity Ratio	0.85
Gross Margin	36.92%
Operating Margin	32.56%
EBIT Margin	32.56%
EBITDA Margin	--
Pre-Tax Profit Margin	30.61%
Profit Margin	25.08%
Free Cash Flow	$584.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.18
Inventory Turnover	0.74
Receiveable Turnover	2.46
Days Sales in Receivables	36.58
Return on Equity	10.50%
Return on Tangible Equity	58.41%
Return on Assets	4.44%
Return on Investments	6.06%
Book Value Per Share	$13.80
Free Cash Flow per Share	$1.45
Operating Cash Flow per Share	$1.12

Data from Zacks Investment Research, Inc.