Howmet Aerospace Inc. (HWM)
NYSE: HWM · Real-Time Price · USD
223.12
+10.13 (4.76%)
At close: Nov 3, 2026, 4:00 PM EST
223.14
+0.02 (0.01%)
After-hours: Nov 3, 2026, 5:10 PM EST
Howmet Aerospace Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 507 | 563 | 2,435 | 742 | 659 | 545 | 536 | 564 | 475 | 752 | 533 | 610 | 424 | 535 | 537 | 791 | 453 | 537 | 520 | 720 |
Short-Term Investments | - | - | - | - | 4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash & Short-Term Investments | 507 | 563 | 2,435 | 742 | 663 | 545 | 536 | 564 | 475 | 752 | 533 | 610 | 424 | 535 | 537 | 791 | 453 | 537 | 520 | 720 |
Cash Growth (YoY) | -23.53% | 3.30% | 354.29% | 31.56% | 39.58% | -27.53% | 0.56% | -7.54% | 12.03% | 40.56% | -0.74% | -22.88% | -6.40% | -0.37% | 3.27% | 9.86% | -37.43% | -24.89% | -58.00% | -55.28% |
Accounts Receivable | 1,116 | 1,040 | 940 | 779 | 884 | 888 | 888 | 689 | 757 | 749 | 785 | 675 | 714 | 657 | 655 | 506 | 550 | 501 | 479 | 367 |
Other Receivables | - | - | - | 17 | 17 | 14 | 13 | 20 | 18 | 19 | 18 | 17 | 13 | 14 | 16 | 31 | 50 | 49 | 50 | 53 |
Receivables | 1,116 | 1,040 | 940 | 796 | 901 | 902 | 901 | 709 | 775 | 768 | 803 | 692 | 727 | 671 | 671 | 537 | 600 | 550 | 529 | 420 |
Inventory | 2,113 | 2,183 | 1,975 | 1,849 | 1,975 | 1,964 | 1,902 | 1,840 | 1,902 | 1,848 | 1,783 | 1,765 | 1,748 | 1,715 | 1,662 | 1,609 | 1,612 | 1,563 | 1,483 | 1,402 |
Prepaid Expenses | 380 | 406 | 306 | 391 | 284 | 282 | 215 | 248 | 239 | 235 | 220 | 249 | 211 | 206 | 186 | 205 | 180 | 186 | 248 | 193 |
Restricted Cash | 1 | 1 | 1 | 1 | 1 | 1 | - | 1 | - | - | 1 | - | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
Total Current Assets | 4,117 | 4,193 | 5,657 | 3,779 | 3,824 | 3,694 | 3,554 | 3,362 | 3,391 | 3,603 | 3,340 | 3,316 | 3,111 | 3,128 | 3,057 | 3,143 | 2,846 | 2,837 | 2,782 | 2,737 |
Property, Plant & Equipment | 3,090 | 2,979 | 2,776 | 2,755 | 2,714 | 2,695 | 2,598 | 2,541 | 2,517 | 2,464 | 2,440 | 2,456 | 2,408 | 2,426 | 2,429 | 2,443 | 2,394 | 2,449 | 2,505 | 2,575 |
Long-Term Investments | - | - | - | - | 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Goodwill | 5,098 | 5,084 | 4,078 | 4,022 | 4,058 | 4,065 | 4,028 | 4,010 | 4,047 | 4,016 | 4,020 | 4,035 | 4,007 | 4,026 | 4,024 | 4,013 | 3,965 | 4,012 | 4,053 | 4,067 |
Other Intangible Assets | 855 | 869 | 451 | 457 | 462 | 467 | 470 | 475 | 484 | 489 | 498 | 505 | 507 | 513 | 518 | 521 | 523 | 534 | 543 | 549 |
Long-Term Deferred Tax Assets | 48 | 48 | 35 | 40 | 31 | 31 | 32 | 35 | 39 | 32 | 38 | 46 | 45 | 52 | 59 | 54 | 106 | 118 | 149 | 184 |
Other Long-Term Assets | 72 | 78 | 70 | 126 | 86 | 94 | 90 | 96 | 80 | 75 | 74 | 70 | 88 | 88 | 87 | 81 | 95 | 102 | 97 | 107 |
Total Assets | 13,280 | 13,251 | 13,067 | 11,179 | 11,177 | 11,046 | 10,772 | 10,519 | 10,558 | 10,679 | 10,410 | 10,428 | 10,166 | 10,233 | 10,174 | 10,255 | 9,929 | 10,052 | 10,129 | 10,219 |
Liabilities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 969 | 1,149 | 1,058 | 845 | 957 | 1,028 | 991 | 948 | 917 | 971 | 964 | 982 | 894 | 881 | 877 | 962 | 812 | 814 | 777 | 732 |
Accrued Expenses | 427 | 366 | 302 | 390 | 346 | 322 | 267 | 364 | 313 | 299 | 246 | 328 | 298 | 282 | 256 | 270 | 272 | 273 | 241 | 272 |
Short-Term Debt | 390 | 450 | 450 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Current Portion of Long-Term Debt | 1 | 1 | 186 | 191 | 1 | 5 | 7 | 6 | 1 | 782 | 206 | 206 | - | - | - | - | 1 | 1 | 3 | 5 |
Current Portion of Leases | 46 | 46 | 44 | 42 | 41 | 41 | 39 | 37 | 38 | 37 | 35 | 32 | 32 | 34 | 33 | 32 | 31 | 32 | 32 | 33 |
Current Income Taxes Payable | 88 | 87 | 81 | 77 | 71 | 64 | 105 | 60 | 59 | 81 | 84 | 68 | 73 | 78 | 64 | 48 | 56 | 58 | 63 | 61 |
Current Unearned Revenue | 204 | 119 | 129 | 147 | - | - | - | 60 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Current Liabilities | 90 | 88 | 65 | 79 | 209 | 140 | 139 | 74 | 189 | 188 | 163 | 168 | 157 | 135 | 173 | 170 | 209 | 144 | 139 | 150 |
Total Current Liabilities | 2,215 | 2,306 | 2,315 | 1,771 | 1,625 | 1,600 | 1,548 | 1,549 | 1,517 | 2,358 | 1,698 | 1,784 | 1,454 | 1,410 | 1,403 | 1,482 | 1,381 | 1,322 | 1,255 | 1,253 |
Long-Term Debt | 4,052 | 4,050 | 4,050 | 2,859 | 3,188 | 3,253 | 3,317 | 3,309 | 3,393 | 2,877 | 3,486 | 3,500 | 3,794 | 3,989 | 3,988 | 4,162 | 4,170 | 4,169 | 4,228 | 4,227 |
Long-Term Leases | 132 | 117 | 118 | 121 | 122 | 129 | 120 | 119 | 122 | 121 | 112 | 97 | 83 | 77 | 79 | 83 | 80 | 82 | 78 | 81 |
Pension & Post-Retirement Benefits | 526 | 545 | 569 | 584 | 647 | 665 | 679 | 679 | 713 | 735 | 753 | 756 | 716 | 732 | 733 | 742 | 836 | 860 | 898 | 924 |
Other Long-Term Liabilities | 593 | 501 | 493 | 491 | 452 | 357 | 316 | 309 | 310 | 311 | 275 | 254 | 247 | 250 | 210 | 185 | 189 | 198 | 213 | 226 |
Total Liabilities | 7,518 | 7,519 | 7,545 | 5,826 | 6,034 | 6,004 | 5,980 | 5,965 | 6,055 | 6,402 | 6,324 | 6,391 | 6,294 | 6,458 | 6,413 | 6,654 | 6,656 | 6,631 | 6,672 | 6,711 |
Shareholders' Equity
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 398 | 400 | 401 | 402 | 403 | 404 | 404 | 405 | 407 | 408 | 408 | 410 | 412 | 412 | 412 | 412 | 414 | 416 | 418 | 422 |
Additional Paid-In Capital | 1,438 | 1,919 | 2,187 | 2,531 | 2,717 | 2,898 | 3,095 | 3,206 | 3,386 | 3,486 | 3,542 | 3,682 | 3,770 | 3,782 | 3,941 | 3,947 | 3,998 | 4,079 | 4,123 | 4,291 |
Retained Earnings | 5,621 | 5,110 | 4,625 | 4,093 | 3,722 | 3,434 | 3,068 | 2,766 | 2,453 | 2,186 | 1,942 | 1,720 | 1,485 | 1,334 | 1,159 | 1,028 | 917 | 863 | 725 | 603 |
Comprehensive Income & Other | -1,695 | -1,697 | -1,691 | -1,673 | -1,754 | -1,749 | -1,830 | -1,878 | -1,798 | -1,858 | -1,861 | -1,830 | -1,850 | -1,808 | -1,806 | -1,841 | -2,111 | -1,992 | -1,864 | -1,863 |
Total Common Equity | 5,762 | 5,732 | 5,522 | 5,353 | 5,088 | 4,987 | 4,737 | 4,499 | 4,448 | 4,222 | 4,031 | 3,982 | 3,817 | 3,720 | 3,706 | 3,546 | 3,218 | 3,366 | 3,402 | 3,453 |
Shareholders' Equity | 5,762 | 5,732 | 5,522 | 5,353 | 5,143 | 5,042 | 4,792 | 4,554 | 4,503 | 4,277 | 4,086 | 4,037 | 3,872 | 3,775 | 3,761 | 3,601 | 3,273 | 3,421 | 3,457 | 3,508 |
Total Liabilities & Equity | 13,280 | 13,251 | 13,067 | 11,179 | 11,177 | 11,046 | 10,772 | 10,519 | 10,558 | 10,679 | 10,410 | 10,428 | 10,166 | 10,233 | 10,174 | 10,255 | 9,929 | 10,052 | 10,129 | 10,219 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 4,621 | 4,664 | 4,848 | 3,213 | 3,352 | 3,428 | 3,483 | 3,471 | 3,554 | 3,817 | 3,839 | 3,835 | 3,909 | 4,100 | 4,100 | 4,277 | 4,282 | 4,284 | 4,341 | 4,346 |
Net Cash (Debt) | -4,114 | -4,101 | -2,413 | -2,471 | -2,689 | -2,883 | -2,947 | -2,907 | -3,079 | -3,065 | -3,306 | -3,225 | -3,485 | -3,565 | -3,563 | -3,486 | -3,829 | -3,747 | -3,821 | -3,626 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share | -10.29 | -10.20 | -5.99 | -6.12 | -6.64 | -7.10 | -7.24 | -7.13 | -7.51 | -7.46 | -8.02 | -7.79 | -8.40 | -8.55 | -8.52 | -8.32 | -9.12 | -8.88 | -8.99 | -8.40 |
Filing Date Shares Outstanding | 397.66 | 398.8 | 400.11 | 400.94 | 402.06 | 403.13 | 403.67 | 405.02 | 406.26 | 408.15 | 408.18 | 410.3 | 411.74 | 412.21 | 413.29 | 412.28 | 413.71 | 415.4 | 417.91 | 418.9 |
Total Common Shares Outstanding | 397.66 | 400 | 401 | 401.62 | 403 | 404 | 404 | 405.43 | 407.13 | 407.88 | 408.17 | 409.91 | 412 | 412 | 411.81 | 412.16 | 414 | 416 | 417.62 | 421.69 |
Working Capital | 1,902 | 1,887 | 3,342 | 2,008 | 2,199 | 2,094 | 2,006 | 1,813 | 1,874 | 1,245 | 1,642 | 1,532 | 1,657 | 1,718 | 1,654 | 1,661 | 1,465 | 1,515 | 1,527 | 1,484 |
Book Value Per Share | 14.49 | 14.33 | 13.77 | 13.33 | 12.63 | 12.34 | 11.73 | 11.10 | 10.93 | 10.35 | 9.88 | 9.71 | 9.26 | 9.03 | 9.00 | 8.60 | 7.77 | 8.09 | 8.15 | 8.19 |
Tangible Book Value | -191 | -221 | 993 | 874 | 568 | 455 | 239 | 14 | -83 | -283 | -487 | -558 | -697 | -819 | -836 | -988 | -1,270 | -1,180 | -1,194 | -1,163 |
Tangible Book Value Per Share | -0.48 | -0.55 | 2.48 | 2.18 | 1.41 | 1.13 | 0.59 | 0.03 | -0.20 | -0.69 | -1.19 | -1.36 | -1.69 | -1.99 | -2.03 | -2.40 | -3.07 | -2.84 | -2.86 | -2.76 |
Land | 120 | 113 | 85 | 85 | 86 | 86 | 84 | 84 | 84 | 83 | 84 | 88 | 86 | 85 | 85 | 84 | 84 | 87 | 90 | 91 |
Buildings | 1,197 | 1,179 | 1,139 | 1,134 | 1,149 | 1,077 | 1,044 | 1,025 | 1,031 | 1,022 | 1,017 | 1,018 | 1,000 | 1,001 | 997 | 986 | 960 | 973 | 959 | 1,034 |
Machinery | 4,523 | 4,496 | 4,333 | 4,275 | 4,368 | 4,296 | 4,194 | 4,118 | 4,173 | 4,105 | 4,080 | 4,079 | 4,002 | 4,005 | 3,986 | 3,941 | 3,851 | 3,905 | 3,961 | 3,932 |
Construction In Progress | 430 | 359 | 336 | 335 | 303 | 383 | 335 | 309 | 263 | 237 | 218 | 224 | 201 | 190 | 172 | 179 | 158 | 154 | 160 | 182 |