Howmet Aerospace (HWM) FCF Margin (2009 - 2026)
Howmet Aerospace's (HWM) quarterly FCF Margin came in at 15.52% in Q1 2026, up 862.0% year-on-year from 1.61% in Q1 2025, and down 36.51% quarter-over-quarter from 24.45% in Q4 2025.
Howmet Aerospace (HWM) FCF Margin (2009 - 2026) Analysis & Trends
Howmet Aerospace has disclosed FCF Margin across 18 years of filings, most recently posting 15.52% for Q1 2026.
- FCF Margin for Q1 2026 came in at 15.52%, up 862.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.2% (up 574.0% YoY), and the FY2025 annual result was 17.34%, up 419.0% from the prior year.
- FCF Margin came in at 15.52% for Q1 2026 at Howmet Aerospace, down from 24.45% 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.
- The 5-year median for FCF Margin is 11.41% (2023), against an average of 12.5%.
- Across the five-year window, FCF Margin sank 382 bps in 2023 and surged 1142 bps in 2025, its largest moves.
- Howmet Aerospace's 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 plunged by 37 bps to 15.52% in 2026.
- The last three FCF Margin figures came in at 15.52% (Q1 2026), 24.45% (Q4 2025), and 20.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -80.16% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 12.04% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 5.93% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | -6.54% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | -1.61% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 15.52% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 14.48% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | -18.45% |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 2.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 4.10% |