Operating

Restructuring charges, net of cash paid (Note 15)

Howmet Aerospace Restructuring charges, net of cash paid (Note 15) decreased by 205.7% to -$93.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2225.0%, from -$4.00M to -$93.00M. Over 3 years (FY 2021 to FY 2025), Restructuring charges, net of cash paid (Note 15) shows relatively stable performance with a -2.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026May 7, 2026

How to read this metric

High levels indicate significant organizational change, which may lead to future margin improvements but signals current operational friction.

Detailed definition

The net impact of costs incurred to reorganize business operations, including severance, facility closures, and related...

Peer comparison

Frequently seen in mature consumer goods companies undergoing periodic cost-saving initiatives.

Metric ID: operating_restructuring_costs_and_asset_impairment_charges

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$22.50M$22.50M$22.50M$14.00M$14.00M$14.00M$14.00M$4.00M$15.00M$0.00$22.00M-$1.00M$0.00-$4.00M$0.00$0.00$88.00M-$93.00M
QoQ Change+0.0%+0.0%-37.8%+0.0%+0.0%+0.0%-71.4%+275.0%-100.0%-104.5%+100.0%+100.0%-205.7%
YoY Change-37.8%-37.8%-37.8%-71.4%+7.1%-125.0%-100.0%-100.0%+100.0%<-999%
Range-$93.00M$88.00M
CAGR+39.6%
Avg YoY Growth-262.8%
Median YoY Growth-54.6%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures$0.00-$93.00M
Engine Products-$1.00M$1.00M$1.00M$0.00$0.00$0.00$0.00
Fastening Systems$2.00M$1.00M$2.00M$0.00$1.00M$0.00-$1.00M$0.00
Forged Wheels$0.00-$1.00M$0.00
Total$22.00M-$1.00M$0.00-$4.00M$0.00$0.00$88.00M-$93.00M

Frequently Asked Questions

What is Howmet Aerospace's restructuring charges, net of cash paid (note 15)?
Howmet Aerospace (HWM) reported restructuring charges, net of cash paid (note 15) of -$93.00M in Q1 2026.
How has Howmet Aerospace's restructuring charges, net of cash paid (note 15) changed year-over-year?
Howmet Aerospace's restructuring charges, net of cash paid (note 15) decreased by 2225.0% year-over-year, from -$4.00M to -$93.00M.
What is the long-term trend for Howmet Aerospace's restructuring charges, net of cash paid (note 15)?
Over 3 years (2021 to 2025), Howmet Aerospace's restructuring charges, net of cash paid (note 15) has grown at a -2.3% compound annual growth rate (CAGR), from $90.00M to $84.00M.
What does restructuring charges, net of cash paid (note 15) mean?
Costs associated with reorganizing business operations to improve efficiency.