Comparing Revenue Performance: Howmet Aerospace Inc. or ITT Inc.?

A Tale of Two Giants: Howmet Aerospace Inc. vs. ITT Inc.

In the ever-evolving landscape of aerospace and engineering, Howmet Aerospace Inc. and ITT Inc. have carved distinct paths over the past decade. From 2014 to 2023, Howmet Aerospace consistently outperformed ITT in revenue, peaking in 2019 with a staggering 14.2 billion USD. However, the pandemic year of 2020 marked a significant downturn, with revenues plummeting by over 60% to 5.3 billion USD. In contrast, ITT Inc. demonstrated resilience, maintaining a steady growth trajectory, culminating in a 36% increase in revenue from 2014 to 2023.

Key Insights

• Howmet Aerospace Inc.: Despite a sharp decline in 2020, the company rebounded with a 34% increase by 2023.
• ITT Inc.: A steady performer, ITT's revenue grew by 24% over the decade, showcasing its robust business model.

This comparison highlights the dynamic nature of the industry and the strategic maneuvers companies must employ to thrive.