Howmet Aerospace (HWM) Capital Expenditures (2009 - 2026)
Howmet Aerospace (HWM) recorded Capital Expenditures of $147 million in Q3 2026, up 36.1% from $108 million a year earlier and up 41.3% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Howmet Aerospace's Capital Expenditures came in at $469 million as of Sep 30, 2026, up 8.8% year-over-year; for FY2025, it was $453 million, up 41.1% from FY2024.
- Annual Capital Expenditures has increased for three straight years, with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $321 million in FY2024 (+46.6%), $219 million in FY2023 (+13.5%), $193 million in FY2022 (-3.0%) and $199 million in FY2021 (-25.5%).
- The Q3 2026 figure is the highest quarterly Capital Expenditures since Q1 2020.
- On a year-over-year basis, Capital Expenditures rose in seven of the last eight quarters, with growth averaging 35.8%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 85.5% in Q2 2025, against a decline of 26.2% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $104 million (Q2 2026), $94 million (Q1 2026) and $124 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,943.02 Bn | 1,704.73 Bn | 9.10 Bn | 19.59 Bn |
| 2 | General Electric | 349.37 Bn | 308.11 Bn | 5.02 Bn | 336.00 Mn |
| 3 | Rtx | 270.29 Bn | 240.28 Bn | 5.81 Bn | 749.00 Mn |
| 4 | Lockheed Martin | 139.31 Bn | 123.54 Bn | 2.44 Bn | 439.00 Mn |
| 5 | Boeing | 137.40 Bn | 46.38 Bn | 2.17 Bn | 1.03 Bn |
| 6 | General Dynamics | 99.29 Bn | 84.52 Bn | 2.25 Bn | - |
| 7 | Motorola Solutions | 87.28 Bn | 83.77 Bn | 1.77 Bn | 73.00 Mn |
| 8 | Howmet Aerospace | 87.15 Bn | 82.91 Bn | 1.00 Bn | 147.00 Mn |
| 9 | Northrop Grumman | 77.96 Bn | 65.41 Bn | 2.35 Bn | 306.00 Mn |
| 10 | Honeywell International | 72.44 Bn | 32.19 Bn | 2.02 Bn | -169.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 147.00 Mn |
| Jun 30, 2026 | 104.00 Mn |
| Mar 31, 2026 | 94.00 Mn |
| Dec 31, 2025 | 124.00 Mn |
| Sep 30, 2025 | 108.00 Mn |
| Jun 30, 2025 | 102.00 Mn |
| Mar 31, 2025 | 119.00 Mn |
| Dec 31, 2024 | 102.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Jun 30, 2024 | 55.00 Mn |
| Mar 31, 2024 | 82.00 Mn |
| Dec 31, 2023 | 55.00 Mn |
| Sep 30, 2023 | 59.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 64.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 44.00 Mn |
| Mar 31, 2022 | 62.00 Mn |
| Dec 31, 2021 | 61.00 Mn |
API Access
Howmet Aerospace Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "HWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();