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Howmet Aerospace (Howmet Aerospace) Profitability Rank : 7 (As of Mar. 2024)


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What is Howmet Aerospace Profitability Rank?

Howmet Aerospace has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Howmet Aerospace's Operating Margin % for the quarter that ended in Mar. 2024 was 20.23%. As of today, Howmet Aerospace's Piotroski F-Score is 8.


Competitive Comparison of Howmet Aerospace's Profitability Rank

For the Aerospace & Defense subindustry, Howmet Aerospace's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howmet Aerospace's Profitability Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Profitability Rank falls into.



Howmet Aerospace Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Howmet Aerospace has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Howmet Aerospace's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=369 / 1824
=20.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Howmet Aerospace has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Howmet Aerospace Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Howmet Aerospace Profitability Rank Related Terms

Thank you for viewing the detailed overview of Howmet Aerospace's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Howmet Aerospace (Howmet Aerospace) Business Description

Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.
Executives
Gunner Smith director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Neil Edward Marchuk officer: Executive Vice President 12025 TECH CENTER DRIVE, LIVONIA MI 48150
Barbara Lou Shultz officer: Vice President and Controller 201 ISABELLA STREET, PITTSBURGH PA 15212
Ken Giacobbe officer: Exec VP and CFO ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Niem Chanatry officer: Vice President 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Lola Felice Lin officer: EVP, CLO and Secretary 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Sharon R Barner director 500 JACKSON STREET, COLUMBUS IN 47201
Jody Miller director 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Nicole Weyerhaeuser Piasecki director 2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
Tolga I Oal director, officer: Co-Chief Executive Officer 201 ISABELLA STREET, PITTSTBURGH PA 15212
Joseph S Cantie director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Katherine H Ramundo officer: EVP, CLO & Secretary C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
Timothy Donald Myers officer: Executive Vice President ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
W Paul Myron officer: Vice President and Controller ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608

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