What is Howmet Aerospace's inventory, lifo reserve?

Howmet Aerospace (HWM) reported inventory, lifo reserve of $348.00M in Q1 2026.

What does inventory, lifo reserve mean?

The accounting adjustment used to reconcile inventory values between LIFO and FIFO methods.

Howmet Aerospace Inventory, LIFO Reserve increased by 4.5% to $348.00M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2025

Last reportedQ1 2026May 7, 2026

An increasing reserve typically signals a long-term inflationary environment for the company's cost of goods sold.

This represents the difference between the cost of inventory calculated under the LIFO method and the cost calculated un...

Common in US retail; peers using LIFO will report this to allow for FIFO-based comparability.

Metric ID: other_inventory_lifo_reserve

2 periods

	Q4 '25	Q1 '26
Value	$333.00M	$348.00M
QoQ Change	—	+4.5%

Range$333.00M – $348.00M

What is Howmet Aerospace's inventory, lifo reserve?: Howmet Aerospace (HWM) reported inventory, lifo reserve of $348.00M in Q1 2026.
What does inventory, lifo reserve mean?: The accounting adjustment used to reconcile inventory values between LIFO and FIFO methods.