Howmet Aerospace (HWM) Return on Capital Employed (2009 - 2026)

Howmet Aerospace's (HWM) quarterly Return on Capital Employed came in at 23.5% in Q1 2026, down 418.0% year-on-year from 7.39% in Q1 2025, and up 8.05% quarter-over-quarter from 21.75% in Q4 2025.

Howmet Aerospace (HWM) Return on Capital Employed (2009 - 2026) Analysis & Trends

Howmet Aerospace has disclosed Return on Capital Employed across 18 years of filings, most recently posting 23.5% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 23.5%, down 418.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.5% (down 418.0% YoY), and the FY2025 annual result was 22.54%, down 1442.0% from the prior year.
  • Return on Capital Employed came in at 23.5% for Q1 2026 at Howmet Aerospace, up from 21.75% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 160.64% in Q2 2024 to a low of 459.64% in Q1 2024.
  • The 5-year median for Return on Capital Employed is 22.31% (2022), against an average of 3.26%.
  • Across the five-year window, Return on Capital Employed tumbled 48219 bps in 2024 and soared 48732 bps in 2025, its largest moves.
  • Howmet Aerospace's Return on Capital Employed stood at 22.31% in 2022, then soared by 35 bps to 30.03% in 2023, then gained by 7 bps to 32.11% in 2024, then sank by 32 bps to 21.75% in 2025, then increased by 8 bps to 23.5% in 2026.
  • The last three Return on Capital Employed figures came in at 23.5% (Q1 2026), 21.75% (Q4 2025), and 21.1% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43 -265.55%
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn -9.24%
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn 8.75%
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn 7.00%
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn 19.82%
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn 23.50%
7 Embraer 94.69 Bn 92.06 Bn - -
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn 14.01%
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn 19.95%
10 Northrop Grumman 74.17 Bn 72.08 Bn 3.45 Bn 6.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.50%
Dec 31, 2025 21.75%
Sep 30, 2025 21.10%
Jun 30, 2025 28.66%
Mar 31, 2025 27.68%
Dec 31, 2024 32.11%
Sep 30, 2024 63.69%
Jun 30, 2024 160.64%
Mar 31, 2024 -459.64%
Dec 31, 2023 30.03%
Sep 30, 2023 12.54%
Jun 30, 2023 11.58%
Mar 31, 2023 22.54%
Dec 31, 2022 22.31%
Sep 30, 2022 9.83%
Jun 30, 2022 9.39%
Mar 31, 2022 17.73%
Dec 31, 2021 16.38%
Sep 30, 2021 8.97%
Jun 30, 2021 7.30%