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 (HWM) has 18 years of Gross Margin data on file, last reported 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.
- The five-year high for Gross Margin was 36.92% in Q1 2026, with the low at 26.31% in Q3 2022.
- Average Gross Margin over 5 years is 30.63%, with a median of 29.28% recorded in 2024.
- Year-over-year, Gross Margin tumbled 172 bps in 2023 and soared 430 bps in 2025.
- Howmet Aerospace's Gross Margin stood at 26.64% in 2022, then gained by 9 bps to 28.94% in 2023, then climbed by 10 bps to 31.84% in 2024, then advanced by 10 bps to 34.87% in 2025, then rose by 6 bps to 36.92% in 2026.
- Business Quant data shows HWM's Gross Margin at 36.92% in Q1 2026, 34.87% in Q4 2025, and 34.66% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 41.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 28.28% |