Howmet Aerospace (HWM) Return on Capital Employed (2009 - 2026)
Howmet Aerospace (HWM) posted Return on Capital Employed of 23.5% for Q1 2026, up 8.05% sequentially from 21.75% in Q4 2025, and down 418.0% YoY from 7.39% in Q1 2025.
Howmet Aerospace (HWM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Howmet Aerospace has reported Return on Capital Employed for 18 years, with the latest figure at 23.5% in Q1 2026.
- Quarterly Return on Capital Employed fell 418.0% year-over-year to 23.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.5% (down 418.0% YoY) and the FY2025 annual result came in at 22.54%, down 958.0% from the prior year.
- Return on Capital Employed climbed to 23.5% in Q1 2026 per HWM's latest filing, from 21.75% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 332.56% in Q1 2024 and troughed at 502.69% in Q2 2024.
- A 5-year average of 13.81% and a median of 22.31% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed sank 51427 bps in 2024, then jumped 53136 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 22.31% in 2022, then advanced by 15 bps to 25.74% in 2023, then rose by 25 bps to 32.11% in 2024, then sank by 32 bps to 21.75% in 2025, then gained by 8 bps to 23.5% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 23.5%, 21.75%, and 21.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | -17.57% |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 9.62% |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 8.25% |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 24.71% |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 22.99% |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 13.87% |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 6.30% |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 19.59% |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 0.40% |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 12.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.99% |
| 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 | 123.39% |
| Jun 30, 2024 | -502.69% |
| Mar 31, 2024 | 332.56% |
| Dec 31, 2023 | 25.74% |
| 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 | 12.85% |
| Dec 31, 2021 | 11.95% |
| Sep 30, 2021 | 8.97% |