Howmet Aerospace HWM
NYSE HWM
$271.68 -1.96 (-0.72%)
At close: Aug 21, 2026 · 4:00 PM EDT

Howmet Aerospace (HWM) Debt Ratio (2009 - 2026)

Howmet Aerospace (HWM) posted Debt Ratio of 0.32 for Q1 2026, up 18.82% sequentially from 0.27 in Q4 2025, and down 48.52% YoY from 0.63 in Q1 2025.

Howmet Aerospace (HWM) Debt Ratio (2009 - 2026) Analysis & Trends

Howmet Aerospace has reported Debt Ratio for 18 years, with the latest figure at 0.32 in Q1 2026.

  • Quarterly Debt Ratio fell 48.52% year-over-year to 0.32 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.32 (down 48.52% YoY) and the FY2025 annual result came in at 0.27, down 13.43% from the prior year.
  • Debt Ratio advanced to 0.32 in Q1 2026 per HWM's latest filing, from 0.27 in the prior quarter.
  • Over five years, Debt Ratio peaked at 3.27 in Q4 2022 and troughed at 0.27 in Q4 2025.
  • A 5-year average of 0.87 and a median of 0.41 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio surged 599.82% in 2024, then slumped 81.82% in 2025.
  • Over 5 years, Debt Ratio stood at 3.27 in 2022, then slumped by 56.47% to 1.42 in 2023, then plunged by 77.85% to 0.32 in 2024, then declined by 13.43% to 0.27 in 2025, then rose by 18.82% to 0.32 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.32, 0.27, and 0.29 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 General Electric 362.92 Bn 353.58 Bn 6.95 Bn 0.15
2 Rtx 284.24 Bn 275.94 Bn 9.91 Bn 0.21
3 Boeing 169.32 Bn 149.30 Bn 2.41 Bn 0.30
4 Lockheed Martin 129.93 Bn 126.14 Bn 2.45 Bn 0.33
5 Howmet Aerospace 108.64 Bn 108.07 Bn 951.00 Mn 0.34
6 General Dynamics 103.62 Bn 99.29 Bn 6.76 Bn 0.12
7 Northrop Grumman 78.44 Bn 76.14 Bn 3.72 Bn 0.28
8 TransDigm 69.14 Bn 66.37 Bn 1.63 Bn 1.23
9 Axon Enterprise 50.64 Bn 49.97 Bn 546.45 Mn 0.23
10 L3Harris Technologies 49.64 Bn 48.12 Bn 1.50 Bn 0.26

Historic Data

Download Data
DateValue
Jun 30, 2026 0.34
Mar 31, 2026 0.32
Dec 31, 2025 0.27
Sep 30, 2025 0.29
Jun 30, 2025 0.29
Mar 31, 2025 0.63
Dec 31, 2024 0.32
Sep 30, 2024 1.23
Jun 30, 2024 1.62
Mar 31, 2024 2.74
Dec 31, 2023 1.42
Sep 30, 2023 0.37
Jun 30, 2023 0.39
Mar 31, 2023 0.39
Dec 31, 2022 3.27
Sep 30, 2022 0.42
Jun 30, 2022 0.41
Mar 31, 2022 0.42
Dec 31, 2021 0.91
Sep 30, 2021 0.42