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
DateValue
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%