Revenue Insights: Howmet Aerospace Inc. and Builders FirstSource, Inc. Performance Compared

Comparing Revenue Growth: Aerospace vs. Construction Giants

__timestampBuilders FirstSource, Inc.Howmet Aerospace Inc.
Wednesday, January 1, 2014160409600012542000000
Thursday, January 1, 2015356442500012413000000
Friday, January 1, 2016636728400012394000000
Sunday, January 1, 2017703420900012960000000
Monday, January 1, 2018772477100014014000000
Tuesday, January 1, 2019728043100014192000000
Wednesday, January 1, 202085588740005259000000
Friday, January 1, 2021198938560004972000000
Saturday, January 1, 2022227264180005663000000
Sunday, January 1, 2023170973300006640000000
Monday, January 1, 20247430000000
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Infusing magic into the data realm

Revenue Insights: A Tale of Two Giants

A Decade of Financial Performance

In the ever-evolving landscape of aerospace and construction, Howmet Aerospace Inc. and Builders FirstSource, Inc. have carved distinct paths over the past decade. From 2014 to 2023, Builders FirstSource, Inc. has seen a staggering growth in revenue, surging by over 960%, from approximately $1.6 billion to $17.1 billion. This remarkable ascent underscores the company's strategic prowess in capitalizing on the booming construction industry.

Conversely, Howmet Aerospace Inc. experienced a more turbulent journey. While their revenue peaked at around $14.2 billion in 2019, it faced a significant dip in 2020, dropping to nearly $5.3 billion. This decline reflects the broader challenges faced by the aerospace sector during the pandemic. However, a steady recovery is evident, with revenues climbing back to $6.6 billion by 2023.

These insights highlight the dynamic nature of industry-specific challenges and opportunities, offering a fascinating glimpse into the financial trajectories of these two industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025