Howmet Aerospace (HWM) Net Margin (2009 - 2026)
Howmet Aerospace (HWM) reported Net Margin of 20.97% for Q2 2026, up 1.14 percentage points from 19.82% a year earlier but down 4.11 percentage points from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Howmet Aerospace's Net Margin came in at 20.51%, up 2.44 percentage points year-over-year; for FY2025, it was 18.25%, up 2.73 percentage points from FY2024.
- Net Margin has increased for five consecutive years, with a five-year change of +13.33 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 15.52% in FY2024 (+4.03 pp), 11.49% in FY2023 (+3.24 pp), 8.25% in FY2022 (+3.10 pp) and 5.15% in FY2021 (+0.22 pp).
- Five-year quarterly Net Margin spans a low of 2.03% in Q3 2021 and a high of 25.08% in Q1 2026.
- Year over year, Net Margin has now increased in each of the last 13 quarters, with an average year-over-year change of +3.66 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q1 2026 (a gain of 7.41 percentage points); the low point was Q4 2021 (a drop of 2.57 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 25.08% (Q1 2026), 17.16% (Q4 2025) and 18.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 17.75% |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 8.66% |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | -2.16% |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 9.15% |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 20.97% |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 8.23% |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 17.78% |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 10.06% |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 58.46% |
| 10 | TransDigm | 60.79 Bn | 48.88 Bn | 1.63 Bn | 19.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.97% |
| Mar 31, 2026 | 25.08% |
| Dec 31, 2025 | 17.16% |
| Sep 30, 2025 | 18.38% |
| Jun 30, 2025 | 19.82% |
| Mar 31, 2025 | 17.66% |
| Dec 31, 2024 | 16.60% |
| Sep 30, 2024 | 18.04% |
| Jun 30, 2024 | 14.15% |
| Mar 31, 2024 | 13.27% |
| Dec 31, 2023 | 13.63% |
| Sep 30, 2023 | 11.28% |
| Jun 30, 2023 | 11.71% |
| Mar 31, 2023 | 9.17% |
| Dec 31, 2022 | 7.34% |
| Sep 30, 2022 | 5.51% |
| Jun 30, 2022 | 10.55% |
| Mar 31, 2022 | 9.82% |
| Dec 31, 2021 | 5.99% |
| Sep 30, 2021 | 2.03% |
API Access
Howmet Aerospace Net Margin 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=net-margin&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();