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

Howmet Aerospace (HWM) posted Debt to Equity of $0.85 for Q1 2026, up 48.94% sequentially from $0.57 in Q4 2025, and up 22.34% YoY from $0.69 in Q1 2025.

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

Howmet Aerospace (HWM) has 18 years of Debt to Equity data on file, last reported at $0.85 in Q1 2026.

  • Quarterly Debt to Equity rose 22.34% year-over-year to $0.85 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.85 (up 22.34% YoY) and the FY2025 annual result came in at $0.57, down 21.73% from the prior year.
  • Debt to Equity improved to $0.85 in Q1 2026 per HWM's latest filing, from $0.57 in the prior quarter.
  • The five-year high for Debt to Equity was $1.27 in Q3 2022, with the low at $0.57 in Q4 2025.
  • Average Debt to Equity over 5 years is $0.91, with a median of $0.88 recorded in 2024.
  • Year-over-year, Debt to Equity fell 24.47% in 2025 and increased 22.34% in 2026.
  • Howmet Aerospace's Debt to Equity stood at $1.16 in 2022, then slipped by 20.57% to $0.92 in 2023, then slipped by 20.71% to $0.73 in 2024, then declined by 21.73% to $0.57 in 2025, then soared by 48.94% to $0.85 in 2026.
  • Business Quant data shows HWM's Debt to Equity at $0.85 in Q1 2026, $0.57 in Q4 2025, and $0.62 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 7.89
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 0.49
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 0.31
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 2.76
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 0.85
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn -3.33
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 0.84
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 0.00
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 0.56
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 0.53

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