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Side-by-side financial comparison of Howmet Aerospace (HWM) and PERRIGO Co plc (PRGO). Click either name above to swap in a different company.

Howmet Aerospace is the larger business by last-quarter revenue ($2.2B vs $1.1B, roughly 2.0× PERRIGO Co plc). Howmet Aerospace runs the higher net margin — 17.2% vs -127.8%, a 145.0% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs -2.5%). Howmet Aerospace produced more free cash flow last quarter ($530.0M vs $148.6M). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (9.0% CAGR vs 1.3%).

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.

Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters ...

HWM vs PRGO — Head-to-Head

Bigger by revenue
HWM
HWM
2.0× larger
HWM
$2.2B
$1.1B
PRGO
Growing faster (revenue YoY)
HWM
HWM
+17.2% gap
HWM
14.6%
-2.5%
PRGO
Higher net margin
HWM
HWM
145.0% more per $
HWM
17.2%
-127.8%
PRGO
More free cash flow
HWM
HWM
$381.4M more FCF
HWM
$530.0M
$148.6M
PRGO
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
9.0%
1.3%
PRGO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HWM
HWM
PRGO
PRGO
Revenue
$2.2B
$1.1B
Net Profit
$372.0M
$-1.4B
Gross Margin
32.6%
Operating Margin
22.6%
-116.0%
Net Margin
17.2%
-127.8%
Revenue YoY
14.6%
-2.5%
Net Profit YoY
18.5%
-3093.9%
EPS (diluted)
$0.92
$-10.23

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
HWM
HWM
PRGO
PRGO
Q4 25
$2.2B
$1.1B
Q3 25
$2.1B
$1.0B
Q2 25
$2.1B
$1.1B
Q1 25
$1.9B
$1.0B
Q4 24
$1.9B
$1.1B
Q3 24
$1.8B
$1.1B
Q2 24
$1.9B
$1.1B
Q1 24
$1.8B
$1.1B
Net Profit
HWM
HWM
PRGO
PRGO
Q4 25
$372.0M
$-1.4B
Q3 25
$385.0M
$7.5M
Q2 25
$407.0M
$-8.4M
Q1 25
$344.0M
$-6.4M
Q4 24
$314.0M
$-44.4M
Q3 24
$332.0M
$-21.0M
Q2 24
$266.0M
$-108.4M
Q1 24
$243.0M
$2.0M
Gross Margin
HWM
HWM
PRGO
PRGO
Q4 25
32.6%
Q3 25
36.1%
Q2 25
34.4%
Q1 25
37.6%
Q4 24
33.9%
Q3 24
37.2%
Q2 24
37.0%
Q1 24
33.1%
Operating Margin
HWM
HWM
PRGO
PRGO
Q4 25
22.6%
-116.0%
Q3 25
25.9%
7.0%
Q2 25
25.4%
4.3%
Q1 25
25.4%
4.5%
Q4 24
23.5%
10.0%
Q3 24
22.9%
7.4%
Q2 24
21.2%
-2.5%
Q1 24
20.2%
-5.1%
Net Margin
HWM
HWM
PRGO
PRGO
Q4 25
17.2%
-127.8%
Q3 25
18.4%
0.7%
Q2 25
19.8%
-0.8%
Q1 25
17.7%
-0.6%
Q4 24
16.6%
-3.9%
Q3 24
18.1%
-1.9%
Q2 24
14.1%
-10.2%
Q1 24
13.3%
0.2%
EPS (diluted)
HWM
HWM
PRGO
PRGO
Q4 25
$0.92
$-10.23
Q3 25
$0.95
$0.05
Q2 25
$1.00
$-0.06
Q1 25
$0.84
$-0.05
Q4 24
$0.76
$-0.32
Q3 24
$0.81
$-0.15
Q2 24
$0.65
$-0.79
Q1 24
$0.59
$0.01

Balance Sheet & Financial Strength

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

Metric
HWM
HWM
PRGO
PRGO
Cash + ST InvestmentsLiquidity on hand
$742.0M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$5.4B
$2.9B
Total Assets
$11.2B
$8.5B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWM
HWM
PRGO
PRGO
Q4 25
$742.0M
Q3 25
$659.0M
$432.1M
Q2 25
$545.0M
$454.2M
Q1 25
$536.0M
$409.9M
Q4 24
$564.0M
$558.8M
Q3 24
$475.0M
$1.5B
Q2 24
$752.0M
$542.8M
Q1 24
$533.0M
$658.5M
Total Debt
HWM
HWM
PRGO
PRGO
Q4 25
$3.0B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Q1 24
$3.7B
Stockholders' Equity
HWM
HWM
PRGO
PRGO
Q4 25
$5.4B
$2.9B
Q3 25
$5.1B
$4.4B
Q2 25
$5.0B
$4.5B
Q1 25
$4.8B
$4.4B
Q4 24
$4.6B
$4.3B
Q3 24
$4.5B
$4.6B
Q2 24
$4.3B
$4.5B
Q1 24
$4.1B
$4.7B
Total Assets
HWM
HWM
PRGO
PRGO
Q4 25
$11.2B
$8.5B
Q3 25
$11.2B
$10.1B
Q2 25
$11.0B
$10.1B
Q1 25
$10.8B
$9.8B
Q4 24
$10.5B
$9.6B
Q3 24
$10.6B
$11.2B
Q2 24
$10.7B
$10.4B
Q1 24
$10.4B
$10.6B
Debt / Equity
HWM
HWM
PRGO
PRGO
Q4 25
0.57×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.75×
Q2 24
0.86×
Q1 24
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
HWM
HWM
PRGO
PRGO
Operating Cash FlowLast quarter
$654.0M
$175.4M
Free Cash FlowOCF − Capex
$530.0M
$148.6M
FCF MarginFCF / Revenue
24.4%
13.4%
Capex IntensityCapex / Revenue
5.7%
2.4%
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$145.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWM
HWM
PRGO
PRGO
Q4 25
$654.0M
$175.4M
Q3 25
$531.0M
$51.7M
Q2 25
$446.0M
$75.9M
Q1 25
$253.0M
$-64.5M
Q4 24
$480.0M
$312.6M
Q3 24
$244.0M
$42.2M
Q2 24
$397.0M
$9.5M
Q1 24
$177.0M
$-1.4M
Free Cash Flow
HWM
HWM
PRGO
PRGO
Q4 25
$530.0M
$148.6M
Q3 25
$423.0M
$29.8M
Q2 25
$344.0M
$56.7M
Q1 25
$134.0M
$-90.0M
Q4 24
$378.0M
$274.9M
Q3 24
$162.0M
$15.1M
Q2 24
$342.0M
$-18.9M
Q1 24
$95.0M
$-26.5M
FCF Margin
HWM
HWM
PRGO
PRGO
Q4 25
24.4%
13.4%
Q3 25
20.2%
2.9%
Q2 25
16.8%
5.4%
Q1 25
6.9%
-8.6%
Q4 24
20.0%
24.2%
Q3 24
8.8%
1.4%
Q2 24
18.2%
-1.8%
Q1 24
5.2%
-2.4%
Capex Intensity
HWM
HWM
PRGO
PRGO
Q4 25
5.7%
2.4%
Q3 25
5.2%
2.1%
Q2 25
5.0%
1.8%
Q1 25
6.1%
2.4%
Q4 24
5.4%
3.3%
Q3 24
4.5%
2.5%
Q2 24
2.9%
2.7%
Q1 24
4.5%
2.3%
Cash Conversion
HWM
HWM
PRGO
PRGO
Q4 25
1.76×
Q3 25
1.38×
6.89×
Q2 25
1.10×
Q1 25
0.74×
Q4 24
1.53×
Q3 24
0.73×
Q2 24
1.49×
Q1 24
0.73×
-0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HWM
HWM

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

PRGO
PRGO

Consumer Self Care Americas$697.0M63%
Digestive Health$123.9M11%
Nutrition$108.3M10%
Healthy Lifestyle$94.8M9%
Pain And Sleep Aids$87.1M8%

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