Howmet Aerospace (HWM) Times Interest Earned (2009 - 2024)
Howmet Aerospace's (HWM) Times Interest Earned stood at 8.12 in Q2 2024, up 56.7% from 5.18 a year earlier and up 7.9% from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Times Interest Earned (2009 - 2024) Analysis & Trends
On a TTM basis, Howmet Aerospace's Times Interest Earned came in at 6.86 as of Jun 30, 2024, up 52.4% year-over-year; for FY2023, it was 5.52, up 37.5% from FY2022.
- Annual Times Interest Earned has increased for four straight years.
- Across earlier years, Times Interest Earned came in at 4.01 in FY2022 (+39.0%), 2.89 in FY2021 (+46.2%), 1.97 in FY2020 (+15.3%) and 1.71 in FY2019 (-16.7%).
- The Q2 2024 figure is the highest quarterly Times Interest Earned since Q2 2017.
- On a year-over-year basis, Times Interest Earned has increased for ten consecutive quarters, with growth averaging 42.0% over the last eight quarters.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 510.3% in Q2 2021, against a decline of 68.5% in Q3 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.53 (Q1 2024), 6.27 (Q4 2023) and 5.69 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 320.36 Bn | 274.13 Bn | 4.68 Bn | -28.76 |
| 2 | Rtx | 247.12 Bn | 218.60 Bn | 5.13 Bn | - |
| 3 | Boeing | 147.44 Bn | 54.13 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 115.87 Bn | 102.60 Bn | 2.45 Bn | 9.32 |
| 5 | General Dynamics | 89.87 Bn | 76.98 Bn | 2.18 Bn | - |
| 6 | Howmet Aerospace | 86.73 Bn | 82.33 Bn | 951.00 Mn | - |
| 7 | Motorola Solutions | 74.51 Bn | 70.85 Bn | 1.68 Bn | 7.42 |
| 8 | Northrop Grumman | 68.22 Bn | 57.46 Bn | 2.12 Bn | 6.81 |
| 9 | Honeywell International | 65.74 Bn | 17.87 Bn | 3.65 Bn | 4.92 |
| 10 | TransDigm | 63.64 Bn | 51.65 Bn | 1.63 Bn | 2.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 8.12 |
| Mar 31, 2024 | 7.53 |
| Dec 31, 2023 | 6.27 |
| Sep 30, 2023 | 5.69 |
| Jun 30, 2023 | 5.18 |
| Mar 31, 2023 | 5.00 |
| Dec 31, 2022 | 3.86 |
| Sep 30, 2022 | 4.00 |
| Jun 30, 2022 | 4.23 |
| Mar 31, 2022 | 3.97 |
| Dec 31, 2021 | 2.53 |
| Sep 30, 2021 | 3.25 |
| Jun 30, 2021 | 3.14 |
| Mar 31, 2021 | 2.63 |
| Dec 31, 2020 | 2.91 |
| Sep 30, 2020 | 0.95 |
| Jun 30, 2020 | 0.51 |
| Mar 31, 2020 | 3.07 |
| Dec 31, 2019 | 3.48 |
| Sep 30, 2019 | 3.01 |
API Access
Howmet Aerospace Times Interest Earned 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=times-interest-earned&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();