Howmet Aerospace (HWM) FCF Margin (2009 - 2026)
Howmet Aerospace (HWM) reported FCF Margin of 18.81% for Q2 2026, up 2.05 percentage points from 16.76% a year earlier and up 3.29 percentage points from the prior quarter.
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Analysis
Howmet Aerospace (HWM) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Howmet Aerospace's FCF Margin came in at 19.64%, up 6.46 percentage points year-over-year; for FY2025, it was 17.34%, up 4.19 percentage points from FY2024.
- FCF Margin has increased for five consecutive years, with a five-year change of +22.25 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 13.15% in FY2024 (+2.88 pp), 10.27% in FY2023 (+0.74 pp), 9.54% in FY2022 (+4.51 pp) and 5.03% in FY2021 (+9.93 pp).
- Five-year quarterly FCF Margin spans a low of -2.56% in Q1 2023 and a high of 27.10% in Q4 2022.
- Year over year, FCF Margin has now increased in each of the last four quarters, with an average year-over-year change of +3.05 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q3 2025 (a gain of 11.42 percentage points); the low point was Q4 2023 (a drop of 3.82 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.52% (Q1 2026), 24.45% (Q4 2025) and 20.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 308.22 Bn | 266.74 Bn | 5.02 Bn | 13.22% |
| 2 | Rtx | 256.81 Bn | 225.08 Bn | 5.81 Bn | 8.49% |
| 3 | Boeing | 152.21 Bn | 58.90 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 126.07 Bn | 112.79 Bn | 2.45 Bn | 14.54% |
| 5 | General Dynamics | 93.38 Bn | 80.49 Bn | 2.18 Bn | 11.68% |
| 6 | Howmet Aerospace | 82.34 Bn | 77.94 Bn | 951.00 Mn | 18.81% |
| 7 | Motorola Solutions | 77.30 Bn | 73.65 Bn | 1.68 Bn | 13.21% |
| 8 | Northrop Grumman | 76.71 Bn | 64.17 Bn | 2.35 Bn | 12.94% |
| 9 | Honeywell International | 68.23 Bn | 20.35 Bn | 3.65 Bn | 9.89% |
| 10 | TransDigm | 65.07 Bn | 53.08 Bn | 1.63 Bn | 23.71% |
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% |
API Access
Howmet Aerospace FCF Margin 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=fcf-margin&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();