Current Assets

Inventories

Howmet Aerospace Inventories increased by 6.8% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.8%, from $1.90B to $1.98B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.46B$1.42B$1.40B$1.48B$1.56B$1.61B$1.61B$1.66B$1.72B$1.75B$1.77B$1.78B$1.85B$1.90B$1.84B$1.90B$1.96B$1.98B$1.85B$1.98B
QoQ Change-2.5%-1.3%+5.8%+5.4%+3.1%-0.2%+3.3%+3.2%+1.9%+1.0%+1.0%+3.6%+2.9%-3.3%+3.4%+3.3%+0.6%-6.4%+6.8%
YoY Change+7.3%+13.5%+14.8%+12.1%+9.7%+8.4%+9.7%+7.3%+7.8%+8.8%+4.2%+6.7%+6.3%+3.8%+0.5%+3.8%
Range$1.40B$1.98B
CAGR+6.6%
Avg YoY Growth+7.8%
Median YoY Growth+7.6%

Frequently Asked Questions

What is Howmet Aerospace's inventories?
Howmet Aerospace (HWM) reported inventories of $1.98B in Q1 2026.
How has Howmet Aerospace's inventories changed year-over-year?
Howmet Aerospace's inventories increased by 3.8% year-over-year, from $1.90B to $1.98B.
What is the long-term trend for Howmet Aerospace's inventories?
Over 5 years (2020 to 2025), Howmet Aerospace's inventories has grown at a 4.4% compound annual growth rate (CAGR), from $1.49B to $1.85B.
What does inventories mean?
The total value of all goods held for production or sale.