Howmet Aerospace (HWM) Interest Coverage Ratio (2009 - 2024)

Howmet Aerospace has disclosed Interest Coverage Ratio across 16 years of filings, most recently posting 8.12 for Q2 2024.

• In Q2 2024, Interest Coverage Ratio rose 56.75% year-over-year to 8.12; the TTM figure through Jun 2024 stood at 6.86 (up 52.36% YoY), while the FY2023 annual figure was 5.52, up 37.51% from the prior year.
• Interest Coverage Ratio came in at 8.12 for Q2 2024 at Howmet Aerospace, up from 7.53 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 8.12 in Q2 2024 to a low of 0.51 in Q2 2020.
• Average Interest Coverage Ratio over 5 years is 4.05, with a median of 3.91 recorded in 2022.
• Year-over-year, Interest Coverage Ratio slumped 68.52% in 2020 and jumped 510.32% in 2021.
• Over 5 years, Interest Coverage Ratio stood at 2.91 in 2020, then slipped by 12.84% to 2.53 in 2021, then surged by 52.29% to 3.86 in 2022, then jumped by 62.43% to 6.27 in 2023, then advanced by 29.56% to 8.12 in 2024.
• Per Business Quant data, the three most recent Interest Coverage Ratio figures were 8.12 in Q2 2024, 7.53 in Q1 2024, and 6.27 in Q4 2023.