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| Date | Value |
|---|---|
| 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% |