Howmet Aerospace (HWM) Interest Expenses (2009 - 2024)
Howmet Aerospace's Interest Expenses came in at $49 million for Q2 2024, down 10.9% from $55 million a year earlier and unchanged from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Interest Expenses (2009 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Howmet Aerospace reported Interest Expenses of $204 million, down 9.7% year-over-year; for FY2023, it was $218 million, down 4.8% from FY2022.
- Interest Expenses has declined in each of the last seven years, with a five-year compound annual growth rate of -10.4% (FY2018 to FY2023).
- Going back by year, Interest Expenses was $229 million in FY2022 (-11.6%), $259 million in FY2021 (-18.3%), $317 million in FY2020 (-6.2%) and $338 million in FY2019 (-10.3%).
- The five-year range for quarterly Interest Expenses is $49 million (Q1 2024) to $144 million (Q2 2020).
- Year-over-year, Interest Expenses has declined for 16 consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2020 (growth of 69.4%), and the weakest in Q2 2021 (a decline of 54.2%).
- Business Quant data shows HWM's Interest Expenses at $49 million (Q1 2024), $52 million (Q4 2023) and $54 million (Q3 2023) in the three quarters before Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 320.36 Bn | 274.13 Bn | 4.68 Bn | 215.00 Mn |
| 2 | Rtx | 247.12 Bn | 218.60 Bn | 5.13 Bn | - |
| 3 | Boeing | 147.44 Bn | 54.13 Bn | 2.41 Bn | 600.00 Mn |
| 4 | Lockheed Martin | 115.87 Bn | 102.60 Bn | 2.45 Bn | 266.00 Mn |
| 5 | General Dynamics | 89.87 Bn | 76.98 Bn | 2.18 Bn | - |
| 6 | Howmet Aerospace | 86.73 Bn | 82.33 Bn | 951.00 Mn | - |
| 7 | Motorola Solutions | 74.51 Bn | 70.85 Bn | 1.68 Bn | 109.00 Mn |
| 8 | Northrop Grumman | 68.22 Bn | 57.46 Bn | 2.12 Bn | 161.00 Mn |
| 9 | Honeywell International | 65.74 Bn | 17.87 Bn | 3.65 Bn | 363.00 Mn |
| 10 | TransDigm | 63.64 Bn | 51.65 Bn | 1.63 Bn | 514.00 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 |
API Access
Howmet Aerospace Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "HWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();