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

Howmet Aerospace's (HWM) quarterly Interest Coverage Ratio came in at 8.12 in Q2 2024, up 56.75% year-on-year from 5.18 in Q3 2023, and up 7.86% quarter-over-quarter from 7.53 in Q1 2024.

Howmet Aerospace (HWM) Interest Coverage Ratio (2009 - 2024) Analysis & Trends

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

  • Interest Coverage Ratio for Q2 2024 came in at 8.12, up 56.75% year-over-year; the trailing twelve-month figure through Mar 2025 was 35.88 (up 485.41% YoY), and the FY2023 annual result 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.
  • The 5-year median for Interest Coverage Ratio is 3.91 (2022), against an average of 4.05.
  • Across the five-year window, Interest Coverage Ratio tumbled 68.52% in 2020 and soared 510.32% in 2021, its largest moves.
  • Howmet Aerospace's 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.
  • The last three Interest Coverage Ratio figures came in at 8.12 (Q2 2024), 7.53 (Q1 2024), and 6.27 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -4.64
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn -
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 0.73
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 7.67
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn -
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 6.10
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 2.43

Historic Data

Download Data
DateValue
Jun 30, 2024 8.12
Mar 31, 2024 7.53
Dec 31, 2023 6.27
Sep 30, 2023 5.69
Jun 30, 2023 5.18
Mar 31, 2023 5.00
Dec 31, 2022 3.86
Sep 30, 2022 4.00
Jun 30, 2022 4.23
Mar 31, 2022 3.97
Dec 31, 2021 2.53
Sep 30, 2021 3.25
Jun 30, 2021 3.14
Mar 31, 2021 2.63
Dec 31, 2020 2.91
Sep 30, 2020 0.95
Jun 30, 2020 0.51
Mar 31, 2020 3.07
Dec 31, 2019 3.48
Sep 30, 2019 3.01