Howmet Aerospace (HWM) Operating Margin (2009 - 2026)
Howmet Aerospace recorded quarterly Operating Margin of 32.56% in Q1 2026, up 44.33% quarter-over-quarter from 22.56% in Q4 2025, and up 712.0% year-over-year from 4.01% in Q1 2025.
Howmet Aerospace's Operating Margin history runs 18 years deep, the most recent figure standing at 32.56% for Q1 2026.
- In Q1 2026, Operating Margin rose 712.0% year-over-year to 32.56%; the TTM figure through Mar 2026 stood at 26.73% (up 344.0% YoY), while the FY2025 annual figure was 24.79%, up 282.0% from the prior year.
- Operating Margin came in at 32.56% for Q1 2026 at Howmet Aerospace, up from 22.56% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 32.56% in Q1 2026 to a low of 14.54% in Q4 2022.
- A 5-year average of 21.02% and a median of 20.23% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 98 bps in 2025 and soared 712 bps in 2026, its largest moves.
- Howmet Aerospace's Operating Margin stood at 14.54% in 2022, then grew by 30 bps to 18.83% in 2023, then rose by 25 bps to 23.53% in 2024, then decreased by 4 bps to 22.56% in 2025, then soared by 44 bps to 32.56% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 32.56%, 22.56%, and 25.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -8.61% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 11.57% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.02% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 10.53% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -27.94% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 10.01% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 46.31% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 14.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.56% |
| Dec 31, 2025 | 22.56% |
| Sep 30, 2025 | 25.95% |
| Jun 30, 2025 | 25.38% |
| Mar 31, 2025 | 25.44% |
| Dec 31, 2024 | 23.53% |
| Sep 30, 2024 | 22.94% |
| Jun 30, 2024 | 21.17% |
| Mar 31, 2024 | 20.23% |
| Dec 31, 2023 | 18.83% |
| Sep 30, 2023 | 18.52% |
| Jun 30, 2023 | 17.29% |
| Mar 31, 2023 | 17.78% |
| Dec 31, 2022 | 14.54% |
| Sep 30, 2022 | 15.91% |
| Jun 30, 2022 | 17.30% |
| Mar 31, 2022 | 17.37% |
| Dec 31, 2021 | 11.44% |
| Sep 30, 2021 | 15.98% |
| Jun 30, 2021 | 17.32% |
| Mar 31, 2021 | 15.63% |
| Dec 31, 2020 | 17.85% |
| Sep 30, 2020 | 6.44% |
| Jun 30, 2020 | 5.91% |
| Mar 31, 2020 | 15.79% |
| Dec 31, 2019 | 16.44% |
| Sep 30, 2019 | 14.27% |
| Jun 30, 2019 | -4.46% |
| Mar 31, 2019 | 21.35% |
| Dec 31, 2018 | -6.54% |
| Sep 30, 2018 | 9.79% |
| Jun 30, 2018 | 9.07% |
| Mar 31, 2018 | 9.67% |
| Dec 31, 2017 | -13.24% |
| Sep 30, 2017 | 9.58% |
| Jun 30, 2017 | 9.81% |
| Mar 31, 2017 | 8.87% |
| Dec 31, 2016 | 5.53% |
| Sep 30, 2016 | 7.55% |
| Jun 30, 2016 | 8.75% |
| Mar 31, 2016 | 4.65% |
| Dec 31, 2015 | 355.80% |
| Sep 30, 2015 | -217.43% |
| Jun 30, 2015 | -220.79% |
| Mar 31, 2015 | 2.81% |
| Dec 31, 2014 | 235.68% |
| Sep 30, 2014 | -73.31% |
| Jun 30, 2014 | -78.10% |
| Mar 31, 2014 | -87.44% |
| Dec 31, 2013 | -120.07% |
| Sep 30, 2013 | -81.93% |
| Jun 30, 2013 | -86.51% |
| Mar 31, 2013 | -79.08% |
| Dec 31, 2012 | 269.02% |
| Sep 30, 2012 | -93.85% |
| Jun 30, 2012 | -86.53% |
| Mar 31, 2012 | -82.58% |
| Dec 31, 2011 | -91.28% |
| Sep 30, 2011 | -78.05% |
| Jun 30, 2011 | -71.83% |
| Mar 31, 2011 | -70.66% |
| Dec 31, 2010 | -74.13% |
| Sep 30, 2010 | -82.33% |
| Jun 30, 2010 | -76.77% |
| Mar 31, 2010 | -83.92% |
| Dec 31, 2009 | -97.53% |
| Sep 30, 2009 | -82.12% |
| Jun 30, 2009 | -103.46% |
| Mar 31, 2009 | -118.64% |