A Professional Review of EBITDA: Howmet Aerospace Inc. Compared to Cummins Inc.

A Decade of EBITDA: Howmet Aerospace Inc. vs. Cummins Inc.

In the ever-evolving landscape of aerospace and automotive industries, understanding financial health is crucial. Over the past decade, Cummins Inc. has consistently outperformed Howmet Aerospace Inc. in terms of EBITDA, a key indicator of operational profitability. From 2014 to 2023, Cummins Inc. maintained an average EBITDA of approximately $3.06 billion, peaking in 2022 with a 52% increase from its 2014 figures. In contrast, Howmet Aerospace Inc. averaged $1.38 billion, with a notable dip in 2019 and 2020, reflecting industry challenges.

Despite these fluctuations, both companies have shown resilience. Cummins Inc.'s EBITDA grew by 21% from 2014 to 2023, while Howmet Aerospace Inc. saw a 24% decline, highlighting the competitive pressures in the aerospace sector. As we look to the future, these trends offer valuable insights into the strategic directions and market dynamics shaping these industry giants.