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Side-by-side financial comparison of Howmet Aerospace (HWM) and SONIC AUTOMOTIVE INC (SAH). Click either name above to swap in a different company.

SONIC AUTOMOTIVE INC is the larger business by last-quarter revenue ($3.7B vs $2.2B, roughly 1.7× Howmet Aerospace). Howmet Aerospace runs the higher net margin — 17.2% vs 1.6%, a 15.5% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs 1.0%). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (9.0% CAGR vs 3.4%).

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.

Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.

HWM vs SAH — Head-to-Head

Bigger by revenue
SAH
SAH
1.7× larger
SAH
$3.7B
$2.2B
HWM
Growing faster (revenue YoY)
HWM
HWM
+13.6% gap
HWM
14.6%
1.0%
SAH
Higher net margin
HWM
HWM
15.5% more per $
HWM
17.2%
1.6%
SAH
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
9.0%
3.4%
SAH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HWM
HWM
SAH
SAH
Revenue
$2.2B
$3.7B
Net Profit
$372.0M
$60.8M
Gross Margin
16.2%
Operating Margin
22.6%
3.1%
Net Margin
17.2%
1.6%
Revenue YoY
14.6%
1.0%
Net Profit YoY
18.5%
EPS (diluted)
$0.92
$1.79

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
SAH
SAH
Q1 26
$3.7B
Q4 25
$2.2B
$3.9B
Q3 25
$2.1B
$4.0B
Q2 25
$2.1B
$3.7B
Q1 25
$1.9B
$3.7B
Q4 24
$1.9B
$3.9B
Q3 24
$1.8B
$3.5B
Q2 24
$1.9B
$3.5B
Net Profit
HWM
HWM
SAH
SAH
Q1 26
$60.8M
Q4 25
$372.0M
$46.9M
Q3 25
$385.0M
$46.8M
Q2 25
$407.0M
$-45.6M
Q1 25
$344.0M
$70.6M
Q4 24
$314.0M
$58.6M
Q3 24
$332.0M
$74.2M
Q2 24
$266.0M
$41.2M
Gross Margin
HWM
HWM
SAH
SAH
Q1 26
16.2%
Q4 25
15.5%
Q3 25
15.5%
Q2 25
16.5%
Q1 25
15.5%
Q4 24
14.7%
Q3 24
15.6%
Q2 24
15.6%
Operating Margin
HWM
HWM
SAH
SAH
Q1 26
3.1%
Q4 25
22.6%
3.2%
Q3 25
25.9%
3.1%
Q2 25
25.4%
-0.6%
Q1 25
25.4%
4.0%
Q4 24
23.5%
3.4%
Q3 24
22.9%
3.3%
Q2 24
21.2%
3.1%
Net Margin
HWM
HWM
SAH
SAH
Q1 26
1.6%
Q4 25
17.2%
1.2%
Q3 25
18.4%
1.2%
Q2 25
19.8%
-1.2%
Q1 25
17.7%
1.9%
Q4 24
16.6%
1.5%
Q3 24
18.1%
2.1%
Q2 24
14.1%
1.2%
EPS (diluted)
HWM
HWM
SAH
SAH
Q1 26
$1.79
Q4 25
$0.92
$1.39
Q3 25
$0.95
$1.33
Q2 25
$1.00
$-1.34
Q1 25
$0.84
$2.04
Q4 24
$0.76
$1.67
Q3 24
$0.81
$2.13
Q2 24
$0.65
$1.18

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$742.0M
$6.3M
Q3 25
$659.0M
$89.4M
Q2 25
$545.0M
$110.4M
Q1 25
$536.0M
$64.6M
Q4 24
$564.0M
$44.0M
Q3 24
$475.0M
$17.6M
Q2 24
$752.0M
$67.2M
Total Debt
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$3.0B
$1.6B
Q3 25
$3.2B
$1.5B
Q2 25
$3.3B
$1.5B
Q1 25
$3.3B
$1.6B
Q4 24
$3.3B
$1.6B
Q3 24
$3.4B
$1.7B
Q2 24
$3.7B
$1.7B
Stockholders' Equity
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$5.4B
$1.1B
Q3 25
$5.1B
$1.1B
Q2 25
$5.0B
$1.0B
Q1 25
$4.8B
$1.1B
Q4 24
$4.6B
$1.1B
Q3 24
$4.5B
$1.0B
Q2 24
$4.3B
$944.7M
Total Assets
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$11.2B
$6.0B
Q3 25
$11.2B
$6.0B
Q2 25
$11.0B
$5.9B
Q1 25
$10.8B
$5.9B
Q4 24
$10.5B
$5.9B
Q3 24
$10.6B
$5.8B
Q2 24
$10.7B
$5.8B
Debt / Equity
HWM
HWM
SAH
SAH
Q1 26
Q4 25
0.57×
1.51×
Q3 25
0.62×
1.39×
Q2 25
0.65×
1.48×
Q1 25
0.69×
1.44×
Q4 24
0.73×
1.49×
Q3 24
0.75×
1.67×
Q2 24
0.86×
1.81×

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
SAH
SAH
Operating Cash FlowLast quarter
$654.0M
Free Cash FlowOCF − Capex
$530.0M
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$654.0M
$66.9M
Q3 25
$531.0M
$167.9M
Q2 25
$446.0M
$136.8M
Q1 25
$253.0M
$195.8M
Q4 24
$480.0M
$87.7M
Q3 24
$244.0M
$87.8M
Q2 24
$397.0M
$-136.4M
Free Cash Flow
HWM
HWM
SAH
SAH
Q1 26
Q4 25
$530.0M
$-195.6M
Q3 25
$423.0M
$134.4M
Q2 25
$344.0M
$102.7M
Q1 25
$134.0M
$150.8M
Q4 24
$378.0M
$-245.5M
Q3 24
$162.0M
$34.5M
Q2 24
$342.0M
$-185.2M
FCF Margin
HWM
HWM
SAH
SAH
Q1 26
Q4 25
24.4%
-5.1%
Q3 25
20.2%
3.4%
Q2 25
16.8%
2.8%
Q1 25
6.9%
4.1%
Q4 24
20.0%
-6.3%
Q3 24
8.8%
1.0%
Q2 24
18.2%
-5.4%
Capex Intensity
HWM
HWM
SAH
SAH
Q1 26
Q4 25
5.7%
6.8%
Q3 25
5.2%
0.8%
Q2 25
5.0%
0.9%
Q1 25
6.1%
1.2%
Q4 24
5.4%
8.6%
Q3 24
4.5%
1.5%
Q2 24
2.9%
1.4%
Cash Conversion
HWM
HWM
SAH
SAH
Q1 26
Q4 25
1.76×
1.43×
Q3 25
1.38×
3.59×
Q2 25
1.10×
Q1 25
0.74×
2.77×
Q4 24
1.53×
1.50×
Q3 24
0.73×
1.18×
Q2 24
1.49×
-3.31×

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%

SAH
SAH

Retail new vehicles$1.6B44%
Used vehicles$1.3B34%
Parts, service and collision repair$516.6M14%
Finance, insurance and other, net$202.4M5%
Wholesale vehicles$71.8M2%
Fleet new vehicles$20.7M1%

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