GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (XSGO:HWMCL) » Definitions » Gross-Profit-to-Asset %

Howmet Aerospace (XSGO:HWMCL) Gross-Profit-to-Asset % : 20.50% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Howmet Aerospace Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Howmet Aerospace's annualized Gross Profit for the quarter that ended in Mar. 2024 was CLP1,864,621 Mil. Howmet Aerospace's average Total Assets over the quarter that ended in Mar. 2024 was CLP9,095,266 Mil. Therefore, Howmet Aerospace's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.50%.


Howmet Aerospace Gross-Profit-to-Asset % Historical Data

The historical data trend for Howmet Aerospace's Gross-Profit-to-Asset % can be seen below:

* 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.

* Premium members only.

Howmet Aerospace Gross-Profit-to-Asset % Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 9.40 13.87 15.25 18.11

Howmet Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.38 17.87 19.77 19.10 20.50

Competitive Comparison of Howmet Aerospace's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, Howmet Aerospace's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Gross-Profit-to-Asset % falls into.



Howmet Aerospace Gross-Profit-to-Asset % Calculation

Howmet Aerospace's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1629797.624/( (8891187.814+9103122.455)/ 2 )
=1629797.624/8997155.1345
=18.11 %

Howmet Aerospace's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1864621.172/( (9103122.455+9087409.355)/ 2 )
=1864621.172/9095265.905
=20.50 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Howmet Aerospace Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Howmet Aerospace's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Howmet Aerospace (XSGO:HWMCL) Business Description

Traded in Other Exchanges
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.

Howmet Aerospace (XSGO:HWMCL) Headlines

No Headlines