Howmet Aerospace (HWM) Gross Margin (2009 - 2026)
Howmet Aerospace (HWM) posted Gross Margin of 36.92% for Q1 2026, up 5.88% sequentially from 34.87% in Q4 2025, and up 335.0% YoY from 8.49% in Q1 2025.
Howmet Aerospace (HWM) Gross Margin (2009 - 2026) Analysis & Trends
Howmet Aerospace has reported Gross Margin for 18 years, with the latest figure at 36.92% in Q1 2026.
- Quarterly Gross Margin rose 335.0% year-over-year to 36.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.05% (up 287.0% YoY) and the FY2025 annual result came in at 34.17%, up 307.0% from the prior year.
- Gross Margin rose to 36.92% in Q1 2026 per HWM's latest filing, from 34.87% in the prior quarter.
- Over five years, Gross Margin peaked at 36.92% in Q1 2026 and troughed at 26.31% in Q3 2022.
- A 5-year average of 30.63% and a median of 29.28% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin sank 172 bps in 2023, then jumped 430 bps in 2025.
- Over 5 years, Gross Margin stood at 26.64% in 2022, then rose by 9 bps to 28.94% in 2023, then advanced by 10 bps to 31.84% in 2024, then gained by 10 bps to 34.87% in 2025, then increased by 6 bps to 36.92% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 36.92%, 34.87%, and 34.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 60.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.34% |
| Mar 31, 2026 | 36.92% |
| Dec 31, 2025 | 34.87% |
| Sep 30, 2025 | 34.66% |
| Jun 30, 2025 | 33.51% |
| Mar 31, 2025 | 33.57% |
| Dec 31, 2024 | 31.84% |
| Sep 30, 2024 | 31.72% |
| Jun 30, 2024 | 31.54% |
| Mar 31, 2024 | 29.28% |
| Dec 31, 2023 | 28.94% |
| Sep 30, 2023 | 28.65% |
| Jun 30, 2023 | 27.43% |
| Mar 31, 2023 | 27.39% |
| Dec 31, 2022 | 26.64% |
| Sep 30, 2022 | 26.31% |
| Jun 30, 2022 | 29.15% |
| Mar 31, 2022 | 28.25% |
| Dec 31, 2021 | 27.00% |
| Sep 30, 2021 | 27.67% |