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Side-by-side financial comparison of Howmet Aerospace (HWM) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

Howmet Aerospace is the larger business by last-quarter revenue ($2.3B vs $1.8B, roughly 1.3× THOMSON REUTERS CORP). Howmet Aerospace runs the higher net margin — 25.1% vs 17.5%, a 7.5% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (19.0% vs 2.6%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

HWM vs TRI — Head-to-Head

Bigger by revenue
HWM
HWM
1.3× larger
HWM
$2.3B
$1.8B
TRI
Growing faster (revenue YoY)
HWM
HWM
+16.4% gap
HWM
19.0%
2.6%
TRI
Higher net margin
HWM
HWM
7.5% more per $
HWM
25.1%
17.5%
TRI

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
HWM
HWM
TRI
TRI
Revenue
$2.3B
$1.8B
Net Profit
$580.0M
$313.0M
Gross Margin
Operating Margin
32.6%
24.4%
Net Margin
25.1%
17.5%
Revenue YoY
19.0%
2.6%
Net Profit YoY
-62.8%
EPS (diluted)
$0.69

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
TRI
TRI
Q1 26
$2.3B
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$2.1B
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.8B
Q2 24
$1.9B
$1.7B
Net Profit
HWM
HWM
TRI
TRI
Q1 26
$580.0M
Q4 25
$372.0M
Q3 25
$385.0M
Q2 25
$407.0M
$313.0M
Q1 25
$344.0M
Q4 24
$314.0M
Q3 24
$332.0M
Q2 24
$266.0M
$841.0M
Operating Margin
HWM
HWM
TRI
TRI
Q1 26
32.6%
Q4 25
22.6%
Q3 25
25.9%
Q2 25
25.4%
24.4%
Q1 25
25.4%
Q4 24
23.5%
Q3 24
22.9%
Q2 24
21.2%
23.9%
Net Margin
HWM
HWM
TRI
TRI
Q1 26
25.1%
Q4 25
17.2%
Q3 25
18.4%
Q2 25
19.8%
17.5%
Q1 25
17.7%
Q4 24
16.6%
Q3 24
18.1%
Q2 24
14.1%
48.3%
EPS (diluted)
HWM
HWM
TRI
TRI
Q1 26
Q4 25
$0.92
Q3 25
$0.95
Q2 25
$1.00
$0.69
Q1 25
$0.84
Q4 24
$0.76
Q3 24
$0.81
Q2 24
$0.65
$1.86

Balance Sheet & Financial Strength

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

Metric
HWM
HWM
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$2.4M
$664.0M
Total DebtLower is stronger
$450.0K
Stockholders' EquityBook value
$5.5M
$12.6B
Total Assets
$13.1M
$18.0B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWM
HWM
TRI
TRI
Q1 26
$2.4M
Q4 25
$742.0M
Q3 25
$659.0M
Q2 25
$545.0M
$664.0M
Q1 25
$536.0M
Q4 24
$564.0M
Q3 24
$475.0M
Q2 24
$752.0M
$1.7B
Total Debt
HWM
HWM
TRI
TRI
Q1 26
$450.0K
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
Stockholders' Equity
HWM
HWM
TRI
TRI
Q1 26
$5.5M
Q4 25
$5.4B
Q3 25
$5.1B
Q2 25
$5.0B
$12.6B
Q1 25
$4.8B
Q4 24
$4.6B
Q3 24
$4.5B
Q2 24
$4.3B
$11.6B
Total Assets
HWM
HWM
TRI
TRI
Q1 26
$13.1M
Q4 25
$11.2B
Q3 25
$11.2B
Q2 25
$11.0B
$18.0B
Q1 25
$10.8B
Q4 24
$10.5B
Q3 24
$10.6B
Q2 24
$10.7B
$18.4B
Debt / Equity
HWM
HWM
TRI
TRI
Q1 26
0.08×
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×

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
TRI
TRI
Operating Cash FlowLast quarter
$746.0M
Free Cash FlowOCF − Capex
$359.0M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWM
HWM
TRI
TRI
Q1 26
Q4 25
$654.0M
Q3 25
$531.0M
Q2 25
$446.0M
$746.0M
Q1 25
$253.0M
Q4 24
$480.0M
Q3 24
$244.0M
Q2 24
$397.0M
$705.0M
Free Cash Flow
HWM
HWM
TRI
TRI
Q1 26
$359.0M
Q4 25
$530.0M
Q3 25
$423.0M
Q2 25
$344.0M
Q1 25
$134.0M
Q4 24
$378.0M
Q3 24
$162.0M
Q2 24
$342.0M
FCF Margin
HWM
HWM
TRI
TRI
Q1 26
15.5%
Q4 25
24.4%
Q3 25
20.2%
Q2 25
16.8%
Q1 25
6.9%
Q4 24
20.0%
Q3 24
8.8%
Q2 24
18.2%
Capex Intensity
HWM
HWM
TRI
TRI
Q1 26
9.3%
Q4 25
5.7%
Q3 25
5.2%
Q2 25
5.0%
Q1 25
6.1%
Q4 24
5.4%
Q3 24
4.5%
Q2 24
2.9%
Cash Conversion
HWM
HWM
TRI
TRI
Q1 26
Q4 25
1.76×
Q3 25
1.38×
Q2 25
1.10×
2.38×
Q1 25
0.74×
Q4 24
1.53×
Q3 24
0.73×
Q2 24
1.49×
0.84×

Financial Flow Comparison

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

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