Howmet Aerospace (HWM) Debt Ratio (2009 - 2026)
Howmet Aerospace's Debt Ratio came in at 0.36 for Q3 2026, up 27.6% from 0.29 a year earlier and up 7.1% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Howmet Aerospace's Debt Ratio was 0.27, down 13.4% from FY2024.
- Debt Ratio has declined in each of the last five years.
- Going back by year, Debt Ratio was 0.32 in FY2024 (-11.3%), 0.36 in FY2023 (-12.4%), 0.41 in FY2022 (-2.0%) and 0.41 in FY2021 (-6.6%).
- The five-year range for quarterly Debt Ratio is 0.27 (Q4 2025) to 0.42 (Q3 2022).
- Year-over-year, Debt Ratio has increased for three consecutive quarters, with growth averaging 1.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2026 (growth of 32.0%), and the weakest in Q2 2025 (a decline of 13.9%).
- Business Quant data shows HWM's Debt Ratio at 0.34 (Q2 2026), 0.41 (Q1 2026) and 0.27 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 339.69 Bn | 298.21 Bn | 5.02 Bn | 0.15 |
| 2 | Rtx | 265.90 Bn | 234.17 Bn | 5.81 Bn | 0.21 |
| 3 | Boeing | 141.68 Bn | 50.64 Bn | 2.17 Bn | 0.27 |
| 4 | Lockheed Martin | 140.71 Bn | 124.94 Bn | 2.44 Bn | 0.32 |
| 5 | General Dynamics | 99.12 Bn | 86.23 Bn | 2.18 Bn | 0.12 |
| 6 | Howmet Aerospace | 86.37 Bn | 82.12 Bn | 1.00 Bn | 0.36 |
| 7 | Motorola Solutions | 81.13 Bn | 77.47 Bn | 1.68 Bn | 0.47 |
| 8 | Northrop Grumman | 74.95 Bn | 62.41 Bn | 2.35 Bn | 0.27 |
| 9 | Honeywell International | 71.67 Bn | 23.80 Bn | 3.65 Bn | 0.44 |
| 10 | TransDigm | 70.09 Bn | 58.09 Bn | 1.63 Bn | 1.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.36 |
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.41 |
API Access
Howmet Aerospace Debt Ratio 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=debt-ratio&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();