Howmet Aerospace (HWM) Gross Margin (2009 - 2026)
Howmet Aerospace's (HWM) quarterly Gross Margin came in at 36.92% in Q1 2026, up 335.0% year-on-year from 8.49% in Q1 2025, and up 5.88% quarter-over-quarter from 34.87% in Q4 2025.
Howmet Aerospace (HWM) Gross Margin (2009 - 2026) Analysis & Trends
Howmet Aerospace has disclosed Gross Margin across 18 years of filings, most recently posting 36.92% for Q1 2026.
- Gross Margin for Q1 2026 came in at 36.92%, up 335.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.05% (up 287.0% YoY), and the FY2025 annual result was 34.17%, up 307.0% from the prior year.
- Gross Margin came in at 36.92% for Q1 2026 at Howmet Aerospace, up from 34.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 36.92% in Q1 2026 to a low of 26.31% in Q3 2022.
- The 5-year median for Gross Margin is 29.28% (2024), against an average of 30.63%.
- Across the five-year window, Gross Margin sank 172 bps in 2023 and surged 430 bps in 2025, its largest moves.
- Howmet Aerospace's 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 climbed by 6 bps to 36.92% in 2026.
- The last three Gross Margin figures came in at 36.92% (Q1 2026), 34.87% (Q4 2025), and 34.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 29.53% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 73.52% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 41.11% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 11.46% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.53% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 36.92% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 67.40% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 34.90% |
| 10 | TransDigm | 74.20 Bn | 70.32 Bn | 1.51 Bn | 59.39% |
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% |