Howmet Aerospace (HWM) FCF Margin (2009 - 2026)
Howmet Aerospace's (HWM) quarterly FCF Margin came in at 18.81% in Q2 2026, up 205.0% year-over-year from 6.17% in Q2 2025, and up 21.17% quarter-over-quarter from 15.52% in Q1 2026.
Analysis
Howmet Aerospace (HWM) FCF Margin (2009 - 2026) Analysis & Trends
Howmet Aerospace has disclosed FCF Margin across 18 years of filings, most recently posting 18.81% for Q2 2026.
- In Q2 2026, FCF Margin rose 205.0% year-over-year to 18.81%; the TTM figure through Jun 2026 stood at 19.64% (up 646.0% YoY), while the FY2025 annual figure was 17.34%, up 419.0% from the prior year.
- FCF Margin came in at 18.81% for Q2 2026 at Howmet Aerospace, up from 15.52% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 27.1% in Q4 2022 to a low of 2.56% in Q1 2023.
- Average FCF Margin over 5 years is 12.85%, with a median of 13.46% recorded in 2023.
- Year-over-year, FCF Margin plunged 382 bps in 2023 and soared 1142 bps in 2025.
- Over 5 years, FCF Margin stood at 27.1% in 2022, then declined by 14 bps to 23.28% in 2023, then fell by 14 bps to 19.99% in 2024, then gained by 22 bps to 24.45% in 2025, then fell by 23 bps to 18.81% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 18.81% in Q2 2026, 15.52% in Q1 2026, and 24.45% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.14 Bn | 258.84 Bn | 9.91 Bn | 11.65% |
| 2 | Boeing | 163.65 Bn | 143.63 Bn | 2.41 Bn | 2.57% |
| 3 | Howmet Aerospace | 93.36 Bn | 92.80 Bn | 951.00 Mn | 18.81% |
| 4 | Honeywell International | 65.01 Bn | 55.81 Bn | 3.65 Bn | 9.89% |
| 5 | TransDigm | 64.58 Bn | 61.80 Bn | 1.63 Bn | 23.71% |
| 6 | Heico | 43.72 Bn | 43.48 Bn | 580.99 Mn | 22.84% |
| 7 | AerCap Holdings | 24.34 Bn | 24.34 Bn | - | 106.91% |
| 8 | Woodward | 20.10 Bn | 19.62 Bn | 349.91 Mn | 7.84% |
| 9 | FTAI Aviation | 19.00 Bn | 18.66 Bn | 317.30 Mn | -18.94% |
| 10 | Textron | 13.90 Bn | 12.46 Bn | 304.00 Mn | 5.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81% |
| Mar 31, 2026 | 15.52% |
| Dec 31, 2025 | 24.45% |
| Sep 30, 2025 | 20.25% |
| Jun 30, 2025 | 16.76% |
| Mar 31, 2025 | 6.90% |
| Dec 31, 2024 | 19.99% |
| Sep 30, 2024 | 8.83% |
| Jun 30, 2024 | 18.19% |
| Mar 31, 2024 | 5.21% |
| Dec 31, 2023 | 23.28% |
| Sep 30, 2023 | 7.96% |
| Jun 30, 2023 | 11.41% |
| Mar 31, 2023 | -2.56% |
| Dec 31, 2022 | 27.10% |
| Sep 30, 2022 | 1.61% |
| Jun 30, 2022 | 8.18% |
| Mar 31, 2022 | -0.53% |
| Dec 31, 2021 | 18.83% |
| Sep 30, 2021 | 1.56% |