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Side-by-side financial comparison of Agilent Technologies (A) and Howmet Aerospace (HWM). Click either name above to swap in a different company.

Howmet Aerospace is the larger business by last-quarter revenue ($2.2B vs $1.8B, roughly 1.2× Agilent Technologies). Howmet Aerospace runs the higher net margin — 17.2% vs 17.0%, a 0.2% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs 7.0%). Howmet Aerospace produced more free cash flow last quarter ($530.0M vs $175.0M). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (9.0% CAGR vs 6.9%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

A vs HWM — Head-to-Head

Bigger by revenue
HWM
HWM
1.2× larger
HWM
$2.2B
$1.8B
A
Growing faster (revenue YoY)
HWM
HWM
+7.7% gap
HWM
14.6%
7.0%
A
Higher net margin
HWM
HWM
0.2% more per $
HWM
17.2%
17.0%
A
More free cash flow
HWM
HWM
$355.0M more FCF
HWM
$530.0M
$175.0M
A
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
9.0%
6.9%
A

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
A
A
HWM
HWM
Revenue
$1.8B
$2.2B
Net Profit
$305.0M
$372.0M
Gross Margin
52.6%
Operating Margin
19.6%
22.6%
Net Margin
17.0%
17.2%
Revenue YoY
7.0%
14.6%
Net Profit YoY
-4.1%
18.5%
EPS (diluted)
$1.07
$0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
HWM
HWM
Q1 26
$1.8B
Q4 25
$1.9B
$2.2B
Q3 25
$1.7B
$2.1B
Q2 25
$1.7B
$2.1B
Q1 25
$1.7B
$1.9B
Q4 24
$1.7B
$1.9B
Q3 24
$1.6B
$1.8B
Q2 24
$1.6B
$1.9B
Net Profit
A
A
HWM
HWM
Q1 26
$305.0M
Q4 25
$434.0M
$372.0M
Q3 25
$336.0M
$385.0M
Q2 25
$215.0M
$407.0M
Q1 25
$318.0M
$344.0M
Q4 24
$351.0M
$314.0M
Q3 24
$282.0M
$332.0M
Q2 24
$308.0M
$266.0M
Gross Margin
A
A
HWM
HWM
Q1 26
52.6%
Q4 25
53.2%
Q3 25
51.1%
Q2 25
51.9%
Q1 25
53.5%
Q4 24
53.9%
Q3 24
54.2%
Q2 24
54.4%
Operating Margin
A
A
HWM
HWM
Q1 26
19.6%
Q4 25
23.8%
22.6%
Q3 25
20.7%
25.9%
Q2 25
18.0%
25.4%
Q1 25
22.4%
25.4%
Q4 24
24.0%
23.5%
Q3 24
21.1%
22.9%
Q2 24
23.1%
21.2%
Net Margin
A
A
HWM
HWM
Q1 26
17.0%
Q4 25
23.3%
17.2%
Q3 25
19.3%
18.4%
Q2 25
12.9%
19.8%
Q1 25
18.9%
17.7%
Q4 24
20.6%
16.6%
Q3 24
17.9%
18.1%
Q2 24
19.6%
14.1%
EPS (diluted)
A
A
HWM
HWM
Q1 26
$1.07
Q4 25
$1.53
$0.92
Q3 25
$1.18
$0.95
Q2 25
$0.75
$1.00
Q1 25
$1.11
$0.84
Q4 24
$1.23
$0.76
Q3 24
$0.97
$0.81
Q2 24
$1.05
$0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
HWM
HWM
Cash + ST InvestmentsLiquidity on hand
$1.8B
$742.0M
Total DebtLower is stronger
$3.0B
$3.0B
Stockholders' EquityBook value
$6.9B
$5.4B
Total Assets
$12.8B
$11.2B
Debt / EquityLower = less leverage
0.44×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
HWM
HWM
Q1 26
$1.8B
Q4 25
$1.8B
$742.0M
Q3 25
$1.5B
$659.0M
Q2 25
$1.5B
$545.0M
Q1 25
$1.5B
$536.0M
Q4 24
$1.3B
$564.0M
Q3 24
$1.8B
$475.0M
Q2 24
$1.7B
$752.0M
Total Debt
A
A
HWM
HWM
Q1 26
$3.0B
Q4 25
$3.0B
$3.0B
Q3 25
$3.4B
$3.2B
Q2 25
$3.3B
$3.3B
Q1 25
$3.3B
$3.3B
Q4 24
$3.3B
$3.3B
Q3 24
$2.1B
$3.4B
Q2 24
$2.1B
$3.7B
Stockholders' Equity
A
A
HWM
HWM
Q1 26
$6.9B
Q4 25
$6.7B
$5.4B
Q3 25
$6.4B
$5.1B
Q2 25
$6.1B
$5.0B
Q1 25
$6.0B
$4.8B
Q4 24
$5.9B
$4.6B
Q3 24
$5.9B
$4.5B
Q2 24
$6.2B
$4.3B
Total Assets
A
A
HWM
HWM
Q1 26
$12.8B
Q4 25
$12.7B
$11.2B
Q3 25
$12.2B
$11.2B
Q2 25
$12.2B
$11.0B
Q1 25
$11.9B
$10.8B
Q4 24
$11.8B
$10.5B
Q3 24
$11.0B
$10.6B
Q2 24
$10.9B
$10.7B
Debt / Equity
A
A
HWM
HWM
Q1 26
0.44×
Q4 25
0.45×
0.57×
Q3 25
0.53×
0.62×
Q2 25
0.55×
0.65×
Q1 25
0.56×
0.69×
Q4 24
0.57×
0.73×
Q3 24
0.36×
0.75×
Q2 24
0.34×
0.86×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
HWM
HWM
Operating Cash FlowLast quarter
$268.0M
$654.0M
Free Cash FlowOCF − Capex
$175.0M
$530.0M
FCF MarginFCF / Revenue
9.7%
24.4%
Capex IntensityCapex / Revenue
5.2%
5.7%
Cash ConversionOCF / Net Profit
0.88×
1.76×
TTM Free Cash FlowTrailing 4 quarters
$993.0M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
HWM
HWM
Q1 26
$268.0M
Q4 25
$545.0M
$654.0M
Q3 25
$362.0M
$531.0M
Q2 25
$221.0M
$446.0M
Q1 25
$431.0M
$253.0M
Q4 24
$481.0M
$480.0M
Q3 24
$452.0M
$244.0M
Q2 24
$333.0M
$397.0M
Free Cash Flow
A
A
HWM
HWM
Q1 26
$175.0M
Q4 25
$452.0M
$530.0M
Q3 25
$259.0M
$423.0M
Q2 25
$107.0M
$344.0M
Q1 25
$334.0M
$134.0M
Q4 24
$388.0M
$378.0M
Q3 24
$360.0M
$162.0M
Q2 24
$230.0M
$342.0M
FCF Margin
A
A
HWM
HWM
Q1 26
9.7%
Q4 25
24.3%
24.4%
Q3 25
14.9%
20.2%
Q2 25
6.4%
16.8%
Q1 25
19.9%
6.9%
Q4 24
22.8%
20.0%
Q3 24
22.8%
8.8%
Q2 24
14.6%
18.2%
Capex Intensity
A
A
HWM
HWM
Q1 26
5.2%
Q4 25
5.0%
5.7%
Q3 25
5.9%
5.2%
Q2 25
6.8%
5.0%
Q1 25
5.8%
6.1%
Q4 24
5.5%
5.4%
Q3 24
5.8%
4.5%
Q2 24
6.5%
2.9%
Cash Conversion
A
A
HWM
HWM
Q1 26
0.88×
Q4 25
1.26×
1.76×
Q3 25
1.08×
1.38×
Q2 25
1.03×
1.10×
Q1 25
1.36×
0.74×
Q4 24
1.37×
1.53×
Q3 24
1.60×
0.73×
Q2 24
1.08×
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

HWM
HWM

Engine Products Segment$1.2B54%
Fastening Systems$454.0M21%
Forged Wheels$264.0M12%
Aerospace Defense$236.0M11%
Commercial Transportation$46.0M2%

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