Cost of Revenue Comparison: Howmet Aerospace Inc. vs Owens Corning

Cost of Revenue: A Tale of Two Giants

In the ever-evolving aerospace and construction industries, Howmet Aerospace Inc. and Owens Corning stand as titans. Over the past decade, these companies have showcased contrasting trends in their cost of revenue. From 2014 to 2023, Howmet Aerospace Inc. experienced a significant decline of approximately 54% in its cost of revenue, dropping from a peak in 2018 to a low in 2021. This decline reflects strategic cost management and possibly a shift in operational focus. Conversely, Owens Corning saw a steady increase of about 63% during the same period, peaking in 2022. This rise could indicate expansion efforts or increased production costs. The year 2020 marked a pivotal point for both, with Howmet's costs plummeting while Owens Corning's continued to rise. These trends highlight the dynamic nature of industry-specific challenges and strategies.