Howmet Aerospace (HWM) Non Operating Interest Expenses (2009 - 2024)
Howmet Aerospace (HWM) recorded Non Operating Interest Expenses of $49 million in 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) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
On a TTM basis, Howmet Aerospace's Non Operating Interest Expenses came in at $204 million as of Jun 30, 2024, down 9.7% year-over-year; for FY2023, it was $218 million, down 4.8% from FY2022.
- Annual Non Operating Interest Expenses has declined for seven straight years, with a five-year compound annual growth rate of -10.4% (FY2018 to FY2023).
- Across earlier years, Non Operating Interest Expenses came in at $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%).
- Quarterly Non Operating Interest Expenses has ranged from $49 million in Q1 2024 to $144 million in Q2 2020 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has declined for 16 consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 69.4% in Q2 2020, against a decline of 54.2% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $49 million (Q1 2024), $52 million (Q4 2023) and $54 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | 215.00 Mn |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | - |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 600.00 Mn |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 266.00 Mn |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 109.00 Mn |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 161.00 Mn |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 363.00 Mn |
| 10 | TransDigm | 60.25 Bn | 48.34 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 Non Operating 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=non-operating-interest-expenses&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();