Howmet Aerospace (HWM) Interest Expenses (2009 - 2024)
Howmet Aerospace's (HWM) quarterly Interest Expenses came in at $49.0 million in Q2 2024, down 10.91% year-over-year from $55.0 million in Q3 2023, and little changed quarter-over-quarter from $49.0 million in Q1 2024.
Analysis
Howmet Aerospace (HWM) Interest Expenses (2009 - 2024) Analysis & Trends
Howmet Aerospace has disclosed Interest Expenses across 16 years of filings, most recently posting $49.0 million for Q2 2024.
- In Q2 2024, Interest Expenses fell 10.91% year-over-year to $49.0 million; the TTM figure through Jun 2024 stood at $204.0 million (down 9.73% YoY), while the FY2023 annual figure was $218.0 million, down 4.8% from the prior year.
- Interest Expenses came in at $49.0 million for Q2 2024 at Howmet Aerospace, roughly flat from $49.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $144.0 million in Q2 2020 to a low of $49.0 million in Q1 2024.
- Average Interest Expenses over 5 years is $65.8 million, with a median of $57.5 million recorded in 2021.
- Year-over-year, Interest Expenses jumped 69.41% in 2020 and sank 54.17% in 2021.
- Over 5 years, Interest Expenses stood at $76.0 million in 2020, then declined by 23.68% to $58.0 million in 2021, then slipped by 1.72% to $57.0 million in 2022, then fell by 8.77% to $52.0 million in 2023, then declined by 5.77% to $49.0 million in 2024.
- Per Business Quant data, the three most recent Interest Expenses figures were $49.0 million in Q2 2024, $49.0 million in Q1 2024, and $52.0 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 266.41 Bn | 259.85 Bn | 9.91 Bn | - |
| 2 | Boeing | 166.24 Bn | 146.23 Bn | 2.41 Bn | 600.00 Mn |
| 3 | Howmet Aerospace | 91.80 Bn | 91.23 Bn | 951.00 Mn | - |
| 4 | Honeywell International | 64.14 Bn | 55.26 Bn | 3.65 Bn | 363.00 Mn |
| 5 | TransDigm | 63.03 Bn | 60.34 Bn | 1.63 Bn | 514.00 Mn |
| 6 | Heico | 44.15 Bn | 44.53 Bn | 580.99 Mn | 35.90 Mn |
| 7 | AerCap Holdings | 23.61 Bn | 23.61 Bn | - | 468.47 Mn |
| 8 | Woodward | 19.91 Bn | 19.44 Bn | 349.91 Mn | 14.83 Mn |
| 9 | FTAI Aviation | 19.09 Bn | 18.76 Bn | 317.30 Mn | 64.10 Mn |
| 10 | Textron | 13.92 Bn | 12.49 Bn | 304.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 49.00 Mn |
| Mar 31, 2024 | 49.00 Mn |
| Dec 31, 2023 | 52.00 Mn |
| Sep 30, 2023 | 54.00 Mn |
| Jun 30, 2023 | 55.00 Mn |
| Mar 31, 2023 | 57.00 Mn |
| Dec 31, 2022 | 57.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Jun 30, 2022 | 57.00 Mn |
| Mar 31, 2022 | 58.00 Mn |
| Dec 31, 2021 | 58.00 Mn |
| Sep 30, 2021 | 63.00 Mn |
| Jun 30, 2021 | 66.00 Mn |
| Mar 31, 2021 | 72.00 Mn |
| Dec 31, 2020 | 76.00 Mn |
| Sep 30, 2020 | 77.00 Mn |
| Jun 30, 2020 | 144.00 Mn |
| Mar 31, 2020 | 84.00 Mn |
| Dec 31, 2019 | 82.00 Mn |
| Sep 30, 2019 | 85.00 Mn |