Howmet Aerospace (HWM) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the reporting quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The company continues to show overall revenue growth.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the reporting quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The company continues to show overall revenue growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+14.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Mar 31, 2023 | $1.6B | +21.1% |
| Jun 30, 2023 | $1.6B | +18.3% |
| Sep 30, 2023 | $1.7B | +15.7% |
| Dec 31, 2023 | $1.7B | +14.4% |
Revenue performance
The reported revenue moved higher, reflecting a positive trend in the quarter's results.
Quarterly comparison
Compared with the prior quarter, revenue increased, and relative to the same quarter a year ago, revenue also showed an increase.
What to watch
The filing notes that a decline in financial performance could affect the company's credit profile and borrowing costs.