Howmet Aerospace (HWM) Debt to Equity (2009 - 2026)

Howmet Aerospace's (HWM) quarterly Debt to Equity came in at $0.85 in Q1 2026, up 22.34% year-on-year from $0.69 in Q1 2025, and up 48.94% quarter-over-quarter from $0.57 in Q4 2025.

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

Howmet Aerospace has disclosed Debt to Equity across 18 years of filings, most recently posting $0.85 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.85, up 22.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.85 (up 22.34% YoY), and the FY2025 annual result was $0.57, down 21.73% from the prior year.
  • Debt to Equity came in at $0.85 for Q1 2026 at Howmet Aerospace, up from $0.57 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.27 in Q3 2022 to a low of $0.57 in Q4 2025.
  • The 5-year median for Debt to Equity is $0.88 (2024), against an average of $0.91.
  • Across the five-year window, Debt to Equity decreased 24.47% in 2025 and gained 22.34% in 2026, its largest moves.
  • Howmet Aerospace's Debt to Equity stood at $1.16 in 2022, then fell by 20.57% to $0.92 in 2023, then fell by 20.71% to $0.73 in 2024, then decreased by 21.73% to $0.57 in 2025, then soared by 48.94% to $0.85 in 2026.
  • The last three Debt to Equity figures came in at $0.85 (Q1 2026), $0.57 (Q4 2025), and $0.62 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 1.12
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 0.49
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 7.89
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 2.76
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 0.85
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 0.31
8 Embraer 95.73 Bn 93.11 Bn - 0.72
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 0.84
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn -3.33

Historic Data

Download Data
DateValue
Mar 31, 2026 0.85
Dec 31, 2025 0.57
Sep 30, 2025 0.62
Jun 30, 2025 0.65
Mar 31, 2025 0.69
Dec 31, 2024 0.73
Sep 30, 2024 0.75
Jun 30, 2024 0.86
Mar 31, 2024 0.90
Dec 31, 2023 0.92
Jun 30, 2023 1.06
Mar 31, 2023 1.06
Dec 31, 2022 1.16
Sep 30, 2022 1.27
Jun 30, 2022 1.22
Mar 31, 2022 1.22
Dec 31, 2021 1.21
Sep 30, 2021 1.20
Jun 30, 2021 1.18
Mar 31, 2021 1.29