Howmet Aerospace (HWM) Gross Margin (2009 - 2026)
Howmet Aerospace (HWM) reported Gross Margin of 36.92% for Q1 2026, up 335.0% on a YoY basis from 8.49% in Q1 2025, and up 5.88% sequentially from 34.87% in Q4 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.
- For the quarter ending Q1 2026, Gross Margin rose 335.0% year-over-year to 36.92%; the trailing twelve-month figure through Mar 2026 stood at 35.05% (up 287.0% YoY), and the FY2025 full-year result was 34.17%, up 307.0% from the prior year.
- Gross Margin rose to 36.92% in Q1 2026, 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.
- A 5-year average of 30.63% and a median of 29.28% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 172 bps in 2023 and surged 430 bps in 2025, its largest moves.
- Tracing HWM's Gross Margin over 5 years: stood at 26.64% in 2022, then climbed by 9 bps to 28.94% in 2023, then increased by 10 bps to 31.84% in 2024, then grew by 10 bps to 34.87% in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 49.29 Bn | 49.08 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% |