Howmet Aerospace (HWM) Research & Development (2009 - 2026)
Howmet Aerospace's Research & Development was $8 million in Q2 2026, down 11.1% from $9 million a year earlier and down 11.1% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Howmet Aerospace's Research & Development was $37 million through Jun 30, 2026, up 12.1% year-over-year; for FY2025, it came in at $37 million, up 12.1% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 16.8% (FY2020 to FY2025).
- In earlier years, Research & Development was $33 million in FY2024 (-8.3%), $36 million in FY2023 (+12.5%), $32 million in FY2022 (+88.2%) and $17 million in FY2021 (unchanged).
- Quarterly Research & Development has moved between $4 million (Q3 2021) and $10 million (Q4 2025) over five years.
- Compared with a year earlier, Research & Development was higher in four of the last eight quarters, with growth averaging 5.2%.
- The best year-over-year quarter for Research & Development over five years was Q4 2022 (growth of 125.0%); the worst was Q2 2024 (a decline of 22.2%).
- Per Business Quant data, HWM's Research & Development in the three quarters before Q2 2026 was $9 million (Q1 2026), $10 million (Q4 2025) and $10 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 524.00 Mn |
| 10 | TransDigm | 61.31 Bn | 49.40 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.00 Mn |
| Mar 31, 2026 | 9.00 Mn |
| Dec 31, 2025 | 10.00 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Sep 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 10.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Sep 30, 2023 | 9.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 9.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 4.00 Mn |
| Sep 30, 2021 | 4.00 Mn |
API Access
Howmet Aerospace Research & Development 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=research-and-development&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();