• Howmet Aerospace average return on tangible equity for 2024 was -364.76, a 385.63% decline from 2023.
• Howmet Aerospace average return on tangible equity for 2023 was -75.11, a 110.51% increase from 2022.
• Howmet Aerospace average return on tangible equity for 2022 was -35.68, a 58.09% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.