Revenue Showdown: Howmet Aerospace Inc. vs Owens Corning

Aerospace vs. Construction: Revenue Trends Unveiled

__timestampHowmet Aerospace Inc.Owens Corning
Wednesday, January 1, 2014125420000005276000000
Thursday, January 1, 2015124130000005350000000
Friday, January 1, 2016123940000005677000000
Sunday, January 1, 2017129600000006384000000
Monday, January 1, 2018140140000007057000000
Tuesday, January 1, 2019141920000007160000000
Wednesday, January 1, 202052590000007055000000
Friday, January 1, 202149720000008498000000
Saturday, January 1, 202256630000009761000000
Sunday, January 1, 202366400000009677000000
Monday, January 1, 20247430000000
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Data in motion

Aerospace vs. Construction: A Revenue Battle

In the ever-evolving landscape of American industry, Howmet Aerospace Inc. and Owens Corning stand as titans in their respective fields. Over the past decade, these companies have showcased contrasting revenue trajectories, reflecting broader economic trends. From 2014 to 2019, Howmet Aerospace consistently outperformed Owens Corning, with revenues peaking at approximately 14 billion in 2019. However, the pandemic year of 2020 marked a turning point, with Howmet's revenue plummeting by over 60%, while Owens Corning maintained a steady growth trajectory, increasing its revenue by 35% from 2014 to 2023.

By 2023, Owens Corning's revenue surged to nearly 10 billion, closing the gap with Howmet Aerospace, which rebounded to 6.6 billion. This shift highlights the resilience of the construction sector amidst global disruptions, while aerospace grapples with recovery. As we look to the future, these trends offer a glimpse into the dynamic interplay between these two industrial giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025