Howmet Aerospace (HWM) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter rose compared with the same period a year earlier. The top line also increased sequentially from the prior quarter.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter rose compared with the same period a year earlier. The top line also increased sequentially from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+5.9%
Change from the immediately preceding quarter.
Year-over-year
+21.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1.4B | +16.6% |
| Sep 30, 2022 | $1.4B | +11.7% |
| Dec 31, 2022 | $1.5B | +17.7% |
| Mar 31, 2023 | $1.6B | +21.1% |
Revenue performance
The reported revenue shows an upward direction, continuing the positive trend seen in recent quarters.
Quarterly comparison
Revenue is higher than both the immediately preceding quarter and the same quarter one year ago, marking an acceleration compared to the prior year period.
What to watch
Observing whether the pace of year-over-year growth can be sustained, given the sequential increase in revenue.