Howmet Aerospace (HWM) Free Cash Flow (2009 - 2026)
Howmet Aerospace's Free Cash Flow was $562 million in Q3 2026, up 32.9% from $423 million a year earlier and up 17.3% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Howmet Aerospace's Free Cash Flow was $1.93 billion through Sep 30, 2026, up 50.9% year-over-year; for FY2025, it was $1.43 billion, up 46.5% from FY2024.
- Free Cash Flow has now increased for four consecutive years.
- In earlier years, Free Cash Flow was $977 million in FY2024 (+43.3%), $682 million in FY2023 (+26.3%), $540 million in FY2022 (+116.0%) and $250 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Free Cash Flow since Q4 2014.
- Compared with a year earlier, Free Cash Flow has increased for seven straight quarters, with growth averaging 59.6% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q3 2023 (growth of 473.9%); the worst was Q4 2024 (a decline of 6.2%).
- Per Business Quant data, HWM's Free Cash Flow in the three quarters before Q3 2026 was $479 million (Q2 2026), $359 million (Q1 2026) and $530 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 325.23 Bn | 283.97 Bn | 5.02 Bn | 1.87 Bn |
| 2 | Rtx | 259.01 Bn | 228.99 Bn | 5.81 Bn | 2.12 Bn |
| 3 | Boeing | 136.65 Bn | 45.62 Bn | 2.17 Bn | 464.00 Mn |
| 4 | Lockheed Martin | 133.14 Bn | 117.38 Bn | 2.44 Bn | 3.00 Bn |
| 5 | General Dynamics | 96.29 Bn | 81.53 Bn | 2.25 Bn | 1.23 Bn |
| 6 | Motorola Solutions | 85.48 Bn | 81.96 Bn | 1.77 Bn | 589.00 Mn |
| 7 | Howmet Aerospace | 79.96 Bn | 75.71 Bn | 1.00 Bn | 562.00 Mn |
| 8 | Northrop Grumman | 74.71 Bn | 62.17 Bn | 2.35 Bn | 1.44 Bn |
| 9 | Honeywell International | 68.49 Bn | 28.24 Bn | 2.02 Bn | 475.00 Mn |
| 10 | TransDigm | 65.77 Bn | 53.86 Bn | 1.63 Bn | 650.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 562.00 Mn |
| Jun 30, 2026 | 479.00 Mn |
| Mar 31, 2026 | 359.00 Mn |
| Dec 31, 2025 | 530.00 Mn |
| Sep 30, 2025 | 423.00 Mn |
| Jun 30, 2025 | 344.00 Mn |
| Mar 31, 2025 | 134.00 Mn |
| Dec 31, 2024 | 378.00 Mn |
| Sep 30, 2024 | 162.00 Mn |
| Jun 30, 2024 | 342.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Dec 31, 2023 | 403.00 Mn |
| Sep 30, 2023 | 132.00 Mn |
| Jun 30, 2023 | 188.00 Mn |
| Mar 31, 2023 | -41.00 Mn |
| Dec 31, 2022 | 410.00 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Mar 31, 2022 | -7.00 Mn |
| Dec 31, 2021 | 242.00 Mn |
API Access
Howmet Aerospace Free Cash Flow 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=free-cash-flow&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();