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Side-by-side financial comparison of Albemarle Corporation (ALB) 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 $1.4B, roughly 1.5× Albemarle Corporation). Howmet Aerospace runs the higher net margin — 17.2% vs -29.0%, a 46.2% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 14.6%). Howmet Aerospace produced more free cash flow last quarter ($530.0M vs $233.1M). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (9.0% CAGR vs 2.4%).

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...

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.

ALB vs HWM — Head-to-Head

Bigger by revenue
HWM
HWM
1.5× larger
HWM
$2.2B
$1.4B
ALB
Growing faster (revenue YoY)
ALB
ALB
+1.3% gap
ALB
15.9%
14.6%
HWM
Higher net margin
HWM
HWM
46.2% more per $
HWM
17.2%
-29.0%
ALB
More free cash flow
HWM
HWM
$296.9M more FCF
HWM
$530.0M
$233.1M
ALB
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
9.0%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALB
ALB
HWM
HWM
Revenue
$1.4B
$2.2B
Net Profit
$-414.2M
$372.0M
Gross Margin
13.9%
Operating Margin
-15.2%
22.6%
Net Margin
-29.0%
17.2%
Revenue YoY
15.9%
14.6%
Net Profit YoY
-650.1%
18.5%
EPS (diluted)
$-3.88
$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
ALB
ALB
HWM
HWM
Q4 25
$1.4B
$2.2B
Q3 25
$1.3B
$2.1B
Q2 25
$1.3B
$2.1B
Q1 25
$1.1B
$1.9B
Q4 24
$1.2B
$1.9B
Q3 24
$1.4B
$1.8B
Q2 24
$1.4B
$1.9B
Q1 24
$1.4B
$1.8B
Net Profit
ALB
ALB
HWM
HWM
Q4 25
$-414.2M
$372.0M
Q3 25
$-160.7M
$385.0M
Q2 25
$22.9M
$407.0M
Q1 25
$41.3M
$344.0M
Q4 24
$75.3M
$314.0M
Q3 24
$-1.1B
$332.0M
Q2 24
$-188.2M
$266.0M
Q1 24
$2.4M
$243.0M
Gross Margin
ALB
ALB
HWM
HWM
Q4 25
13.9%
Q3 25
9.0%
Q2 25
14.8%
Q1 25
14.5%
Q4 24
11.2%
Q3 24
-7.7%
Q2 24
-0.7%
Q1 24
2.9%
Operating Margin
ALB
ALB
HWM
HWM
Q4 25
-15.2%
22.6%
Q3 25
-16.6%
25.9%
Q2 25
3.6%
25.4%
Q1 25
1.8%
25.4%
Q4 24
0.4%
23.5%
Q3 24
-81.9%
22.9%
Q2 24
-34.4%
21.2%
Q1 24
-13.2%
20.2%
Net Margin
ALB
ALB
HWM
HWM
Q4 25
-29.0%
17.2%
Q3 25
-12.3%
18.4%
Q2 25
1.7%
19.8%
Q1 25
3.8%
17.7%
Q4 24
6.1%
16.6%
Q3 24
-78.9%
18.1%
Q2 24
-13.2%
14.1%
Q1 24
0.2%
13.3%
EPS (diluted)
ALB
ALB
HWM
HWM
Q4 25
$-3.88
$0.92
Q3 25
$-1.72
$0.95
Q2 25
$-0.16
$1.00
Q1 25
$0.00
$0.84
Q4 24
$0.29
$0.76
Q3 24
$-9.45
$0.81
Q2 24
$-1.96
$0.65
Q1 24
$-0.08
$0.59

Balance Sheet & Financial Strength

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

Metric
ALB
ALB
HWM
HWM
Cash + ST InvestmentsLiquidity on hand
$742.0M
Total DebtLower is stronger
$3.2B
$3.0B
Stockholders' EquityBook value
$9.5B
$5.4B
Total Assets
$16.4B
$11.2B
Debt / EquityLower = less leverage
0.33×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
HWM
HWM
Q4 25
$742.0M
Q3 25
$1.9B
$659.0M
Q2 25
$1.8B
$545.0M
Q1 25
$1.5B
$536.0M
Q4 24
$1.2B
$564.0M
Q3 24
$1.7B
$475.0M
Q2 24
$1.8B
$752.0M
Q1 24
$2.1B
$533.0M
Total Debt
ALB
ALB
HWM
HWM
Q4 25
$3.2B
$3.0B
Q3 25
$3.6B
$3.2B
Q2 25
$3.6B
$3.3B
Q1 25
$3.5B
$3.3B
Q4 24
$3.5B
$3.3B
Q3 24
$3.6B
$3.4B
Q2 24
$3.5B
$3.7B
Q1 24
$3.5B
$3.7B
Stockholders' Equity
ALB
ALB
HWM
HWM
Q4 25
$9.5B
$5.4B
Q3 25
$10.0B
$5.1B
Q2 25
$10.2B
$5.0B
Q1 25
$10.0B
$4.8B
Q4 24
$10.0B
$4.6B
Q3 24
$10.2B
$4.5B
Q2 24
$11.2B
$4.3B
Q1 24
$11.5B
$4.1B
Total Assets
ALB
ALB
HWM
HWM
Q4 25
$16.4B
$11.2B
Q3 25
$17.1B
$11.2B
Q2 25
$17.3B
$11.0B
Q1 25
$17.0B
$10.8B
Q4 24
$16.6B
$10.5B
Q3 24
$17.5B
$10.6B
Q2 24
$18.4B
$10.7B
Q1 24
$19.0B
$10.4B
Debt / Equity
ALB
ALB
HWM
HWM
Q4 25
0.33×
0.57×
Q3 25
0.36×
0.62×
Q2 25
0.35×
0.65×
Q1 25
0.35×
0.69×
Q4 24
0.35×
0.73×
Q3 24
0.35×
0.75×
Q2 24
0.31×
0.86×
Q1 24
0.31×
0.90×

Cash Flow & Capital Efficiency

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

Metric
ALB
ALB
HWM
HWM
Operating Cash FlowLast quarter
$388.5M
$654.0M
Free Cash FlowOCF − Capex
$233.1M
$530.0M
FCF MarginFCF / Revenue
16.3%
24.4%
Capex IntensityCapex / Revenue
10.9%
5.7%
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters
$692.5M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
HWM
HWM
Q4 25
$388.5M
$654.0M
Q3 25
$355.6M
$531.0M
Q2 25
$-7.2M
$446.0M
Q1 25
$545.4M
$253.0M
Q4 24
$674.0K
$480.0M
Q3 24
$240.5M
$244.0M
Q2 24
$362.9M
$397.0M
Q1 24
$98.0M
$177.0M
Free Cash Flow
ALB
ALB
HWM
HWM
Q4 25
$233.1M
$530.0M
Q3 25
$223.4M
$423.0M
Q2 25
$-126.8M
$344.0M
Q1 25
$362.8M
$134.0M
Q4 24
$-355.1M
$378.0M
Q3 24
$-62.6M
$162.0M
Q2 24
$-84.7M
$342.0M
Q1 24
$-481.4M
$95.0M
FCF Margin
ALB
ALB
HWM
HWM
Q4 25
16.3%
24.4%
Q3 25
17.1%
20.2%
Q2 25
-9.5%
16.8%
Q1 25
33.7%
6.9%
Q4 24
-28.8%
20.0%
Q3 24
-4.6%
8.8%
Q2 24
-5.9%
18.2%
Q1 24
-35.4%
5.2%
Capex Intensity
ALB
ALB
HWM
HWM
Q4 25
10.9%
5.7%
Q3 25
10.1%
5.2%
Q2 25
9.0%
5.0%
Q1 25
17.0%
6.1%
Q4 24
28.9%
5.4%
Q3 24
22.4%
4.5%
Q2 24
31.3%
2.9%
Q1 24
42.6%
4.5%
Cash Conversion
ALB
ALB
HWM
HWM
Q4 25
1.76×
Q3 25
1.38×
Q2 25
-0.31×
1.10×
Q1 25
13.19×
0.74×
Q4 24
0.01×
1.53×
Q3 24
0.73×
Q2 24
1.49×
Q1 24
40.01×
0.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALB
ALB

Energy Storage$759.1M53%
Specialties$348.9M24%
Ketjen$320.1M22%

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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