Howmet Aerospace (HWM) Dividend Coverage Ratio (2009 - 2026)
Howmet Aerospace's Dividend Coverage Ratio was 10.13 in Q3 2026, up 26.6% from 8.00 a year earlier but down 7.1% from the prior quarter.
Howmet Aerospace (HWM) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Howmet Aerospace's Dividend Coverage Ratio was 10.11 through Sep 30, 2026, up 14.5% year-over-year; for FY2025, it was 8.32, down 21.3% from FY2024.
- In earlier years, Dividend Coverage Ratio was 10.58 in FY2024 (+1.2%), 10.45 in FY2023 (-1.5%), 10.61 in FY2022 (-21.2%) and 13.47 in FY2021 (-42.8%).
- Quarterly Dividend Coverage Ratio has moved between 6.53 (Q4 2022) and 16.33 (Q2 2022) over five years.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with an average decline of 2.7% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q3 2022 (growth of 237.6%); the worst was Q4 2021 (a decline of 90.9%).
- Per Business Quant data, HWM's Dividend Coverage Ratio in the three quarters before Q3 2026 was 10.90 (Q2 2026), 12.08 (Q1 2026) and 7.44 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn | - |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn | 4.68 |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn | 2.63 |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn | 2.32 |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn | - |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn | - |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn | 10.13 |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn | 2.56 |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn | 3.20 |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 2.77 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.13 |
| Jun 30, 2026 | 10.90 |
| Mar 31, 2026 | 12.08 |
| Dec 31, 2025 | 7.44 |
| Sep 30, 2025 | 8.00 |
| Jun 30, 2025 | 9.93 |
| Mar 31, 2025 | 8.17 |
| Dec 31, 2024 | 9.52 |
| Sep 30, 2024 | 9.74 |
| Jun 30, 2024 | 12.67 |
| Mar 31, 2024 | 11.52 |
| Dec 31, 2023 | 11.24 |
| Sep 30, 2023 | 11.00 |
| Jun 30, 2023 | 10.72 |
| Mar 31, 2023 | 8.65 |
| Dec 31, 2022 | 6.53 |
| Sep 30, 2022 | 8.78 |
| Jun 30, 2022 | 16.33 |
| Mar 31, 2022 | 14.44 |
| Dec 31, 2021 | 9.63 |
Howmet Aerospace Dividend Coverage 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=dividend-coverage-ratio&ticker=HWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();