HWM - NYSE
Howmet Aerospace Inc.
$248.66
-0.82%Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.
At a Glance
Live SnapshotHowmet Aerospace Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
Howmet Aerospace Inc. Cash Flow Statement
HWM • NYSE
| Howmet Aerospace Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||
1.5B | 1.2B | 765M | 469M | 258M | 261M | 470M | 642M | -74M | -878M | -197M | 177M | |
283M | 277M | 272M | 265M | 270M | 280M | 295M | 576M | 974M | 1.3B | 1.9B | 1.8B | |
17M | 55M | 108M | 79M | 38M | 2M | -19M | 31M | 434M | 1.1B | 34M | -35M | |
0.0 | 63M | 50M | 54M | 41M | 46M | 69M | 50M | 67M | 86M | 92M | 87M | |
244M | 93M | 51M | 69M | 187M | 82M | 774M | -74M | -84M | 27M | 693M | 733M | |
-168M | -345M | -345M | -203M | -345M | -662M | -1.1B | -1B | -616M | -812M | -905M | -1.1B | |
1.9B | 1.3B | 901M | 733M | 449M | 9M | 461M | 217M | 701M | 873M | 1.6B | 1.7B | |
INVESTING ACTIVITIES | ||||||||||||
-453M | -321M | -219M | -193M | -199M | -267M | -586M | -768M | -596M | -1.1B | -1.2B | -1.2B | |
(9M) | -5M | (0.0) | (58M) | (0.0) | (0.0) | (0.0) | (0.0) | (596M) | (10M) | (97M) | -2.4B | |
-9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -2M | -52M | -134M | -195M | |
15M | 0.0 | 2M | 0.0 | 6M | 0.0 | 73M | 9M | 890M | 280M | 40M | 57M | |
0.0 | 10M | 2M | 0.0 | 300M | 538M | 1B | 1.3B | -348M | 722M | 117M | 282M | |
-438M | -316M | -215M | -135M | (107M) | (271M) | (528M) | (565M) | (540M) | -165M | -1.1B | -3.5B | |
FINANCING ACTIVITIES | ||||||||||||
-754M | -500M | -250M | -400M | -430M | -73M | -1.2B | 16M | 50M | 4M | 25M | 0.0 | |
-270M | -365M | -476M | -74M | -847M | 342M | -404M | -510M | -820M | -772M | -145M | 1.2B | |
-181M | -109M | -73M | -44M | -19M | -11M | -57M | -119M | -162M | -228M | -223M | -161M | |
-755M | -500M | -250M | -400M | -430M | -73M | -1.2B | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-64M | -52M | -69M | -8M | -148M | -627M | -13M | -36M | -31M | 239M | -98M | 47M | |
-1.3B | -1B | -868M | -526M | -1.4B | -369M | -1.6B | -649M | -963M | -757M | -441M | 2.3B | |
CASH FLOW SUMMARY | ||||||||||||
1M | -1M | 0.0 | -2M | -1M | -3M | 0.0 | -4M | 9M | -7M | -39M | -24M | |
178M | -45M | -182M | 70M | -889M | -92M | -579M | 129M | 287M | -56M | 42M | 440M | |
565M | 610M | 792M | 722M | 1.6B | 1.7B | 2.3B | 2.2B | 1.9B | 1.9B | 1.9B | 1.4B | |
742M | 565M | 610M | 792M | 722M | 1.6B | 1.7B | 2.3B | 2.2B | 1.9B | 1.9B | 1.9B | |
1.4B | 977M | 682M | 540M | 250M | -258M | -180M | -551M | 105M | -252M | 402M | 455M |
SEC Filings
HWM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 26, 2026 | May 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | April 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 06, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | April 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 10, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 03, 2026 | March 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 17, 2026 | February 17, 2026 | 2026 |
Related Guides
Continue your HWM research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.