Howmet Aerospace (HWM) Invested Capital (2009 - 2026)
Howmet Aerospace (HWM) posted Invested Capital of $10.68 billion for Q2 2026, up 28.7% from $8.3 billion a year earlier and up 0.2% from the prior quarter.
Howmet Aerospace (HWM) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Howmet Aerospace's Invested Capital came in at $8.4 billion, up 6.8% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of -0.6% (FY2020 to FY2025).
- In prior years, Howmet Aerospace's Invested Capital was $7.87 billion in FY2024 (+1.6%), $7.74 billion in FY2023 (-0.3%), $7.76 billion in FY2022 (+0.3%) and $7.74 billion in FY2021 (-10.5%).
- The Q2 2026 figure stands as the highest quarterly Invested Capital since Q1 2020.
- On a year-over-year basis, Invested Capital has increased in each of the last seven quarters, with growth averaging 11.8% over the last seven quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q1 2026, with growth of 31.3%; the weakest was Q4 2021, with a decline of 10.5%.
- According to Business Quant data, Invested Capital for the three prior quarters was $10.66 billion (Q1 2026), $8.4 billion (Q4 2025) and $8.33 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | 37.02 Bn |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | 105.50 Bn |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 52.02 Bn |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 29.31 Bn |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | 10.68 Bn |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | 34.34 Bn |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 11.72 Bn |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 32.31 Bn |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 52.87 Bn |
| 10 | TransDigm | 60.25 Bn | 48.34 Bn | 1.63 Bn | 23.68 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.68 Bn |
| Mar 31, 2026 | 10.66 Bn |
| Dec 31, 2025 | 8.40 Bn |
| Sep 30, 2025 | 8.33 Bn |
| Jun 30, 2025 | 8.30 Bn |
| Mar 31, 2025 | 8.12 Bn |
| Dec 31, 2024 | 7.87 Bn |
| Sep 30, 2024 | 7.90 Bn |
| Jun 30, 2024 | 7.94 Bn |
| Mar 31, 2024 | 7.78 Bn |
| Dec 31, 2023 | 7.74 Bn |
| Jun 30, 2023 | 7.76 Bn |
| Mar 31, 2023 | 7.75 Bn |
| Dec 31, 2022 | 7.76 Bn |
| Sep 30, 2022 | 7.44 Bn |
| Jun 30, 2022 | 7.59 Bn |
| Mar 31, 2022 | 7.69 Bn |
| Dec 31, 2021 | 7.74 Bn |
| Sep 30, 2021 | 7.87 Bn |
| Jun 30, 2021 | 7.84 Bn |
Howmet Aerospace Invested Capital 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=invested-capital&ticker=HWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();