Howmet Aerospace (HWM) Gross Margin (2009 - 2026)
Howmet Aerospace's (HWM) quarterly Gross Margin came in at 37.34% in Q2 2026, up 383.0% year-over-year from 7.73% in Q2 2025, and up 1.13% quarter-over-quarter from 36.92% in Q1 2026.
Analysis
Howmet Aerospace (HWM) Gross Margin (2009 - 2026) Analysis & Trends
Howmet Aerospace has disclosed Gross Margin across 18 years of filings, most recently posting 37.34% for Q2 2026.
- In Q2 2026, Gross Margin rose 383.0% year-over-year to 37.34%; the TTM figure through Jun 2026 stood at 36.03% (up 334.0% YoY), while the FY2025 annual figure was 34.17%, up 307.0% from the prior year.
- Gross Margin came in at 37.34% for Q2 2026 at Howmet Aerospace, up from 36.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 37.34% in Q2 2026 to a low of 26.31% in Q3 2022.
- Average Gross Margin over 5 years is 31.0%, with a median of 30.41% recorded in 2024.
- Year-over-year, Gross Margin plunged 172 bps in 2023 and soared 430 bps in 2025.
- Over 5 years, Gross Margin stood at 26.64% in 2022, then grew by 9 bps to 28.94% in 2023, then rose by 10 bps to 31.84% in 2024, then increased by 10 bps to 34.87% in 2025, then gained by 7 bps to 37.34% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 37.34% in Q2 2026, 36.92% in Q1 2026, and 34.87% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 266.86 Bn | 258.56 Bn | 9.91 Bn | 40.09% |
| 2 | Boeing | 163.62 Bn | 143.60 Bn | 2.41 Bn | 9.83% |
| 3 | Howmet Aerospace | 92.58 Bn | 92.01 Bn | 951.00 Mn | 37.34% |
| 4 | TransDigm | 65.10 Bn | 62.33 Bn | 1.63 Bn | 59.39% |
| 5 | Honeywell International | 64.19 Bn | 55.00 Bn | 3.65 Bn | 37.59% |
| 6 | Heico | 43.77 Bn | 43.53 Bn | 580.99 Mn | 41.12% |
| 7 | AerCap Holdings | 24.26 Bn | 24.26 Bn | - | - |
| 8 | Woodward | 19.94 Bn | 19.46 Bn | 349.91 Mn | 31.53% |
| 9 | FTAI Aviation | 18.32 Bn | 17.99 Bn | 317.30 Mn | 33.29% |
| 10 | Textron | 13.77 Bn | 12.33 Bn | 304.00 Mn | 7.94% |
Historic Data
Download Data
Historic 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% |