What does derivatives and hedging activities mean?

This represents the fair value of derivative financial instruments that qualify as deferred tax assets. It reflects the tax impact of temporary differences arising from the accounting treatment of hedging activities versus their tax treatment. These instruments are used to manage risks such as interest rate or foreign currency fluctuations.

Howmet Aerospace HWM Derivatives and hedging activities

Derivatives and hedging activities at other companies

Independent Bank CorporationIBCP

$367K-33.4%

GBC

Glacier BancorpGBCI

$165K-93.0%

FIP

FTAI Infrastructure Inc.FIP

$97.04M—

Great Southern BancorpGSBC

$1.38M-67.2%

Northern Oil and GasNOG

-$28.65M-317%

M&T BankMTB

$0-100%

Other financials

Income statement

See full

Revenue$2.3B+19.1%

Gross profit$854.0M+31.0%

Operating income$753.0M+52.4%

Net income$580.0M+68.6%

EPS (diluted)$1.44+71.4%

Balance sheet

See full

Cash & equivalents$2.4B+354%

Total debt$5.3B+52.1%

Total equity$5.5B+15.2%

Total assets$13.1B+21.3%

Cash flow

See full

Operating cash flow$453.0M+79.1%

CapEx$94.0M-21.0%

Free cash flow$359.0M+168%

Valuation

See full

Market cap$109.29B+56.2%

Enterprise value$112.15B+53.8%

P/E62.7×+7.0×

P/S12.7×+3.4×

Profitability

See full

Gross margin35%+2.9pp

Operating margin26.7%+3.4pp

Net margin20.2%+3.6pp

FCF margin19.2%+5.7pp

Returns & leverage

See full

Return on equity33.8%+5.5pp

Debt / equity1×+0.2×

Current ratio2.4×+0.1×

Where this comes from

Reported directly by Howmet Aerospace in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsDerivativeInstruments.

The official record: Howmet Aerospace’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Howmet Aerospace's derivatives and hedging activities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Howmet Aerospace's derivatives and hedging activities?: Howmet Aerospace (HWM) reported derivatives and hedging activities of $9M in Q4 2025.
What does derivatives and hedging activities mean?: This represents the fair value of derivative financial instruments that qualify as deferred tax assets. It reflects the tax impact of temporary differences arising from the accounting treatment of hedging activities versus their tax treatment. These instruments are used to manage risks such as interest rate or foreign currency fluctuations.