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Howmet Aerospace HWM Accrued Expenses

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Other financials

Income statement

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Revenue$2.5B+24.1%
Gross profit$951.0M+38.2%
Operating income$711.0M+36.5%
Net income$534.0M+31.2%
EPS (diluted)$1.33+33.0%

Balance sheet

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Cash & equivalents$564.0M+3.3%
Total debt$5.1B+49.2%
Total equity$5.7B+13.7%
Total assets$13.3B+20.0%

Cash flow

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Operating cash flow$583.0M+30.7%
CapEx$104.0M+2.0%
Free cash flow$479.0M+39.2%

Valuation

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Market cap$116.6B+58.9%
Enterprise value$121.15B+58.8%
P/E62.3×+9.8×
P/S12.8×+3.3×

Profitability

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Gross margin36%+3.3pp
Operating margin27.4%+3.0pp
Net margin20.5%+2.4pp
FCF margin19.6%+6.5pp

Returns & leverage

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Return on equity34.7%+4.8pp
Debt / equity0.9×+0.2×
Current ratio1.8×-0.5×

Where this comes from

Reported directly by Howmet Aerospace in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Howmet Aerospace’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000004281-26-000025
Line itemJune 30, 2026December 31, 2025
Liabilities
Current liabilities:
Accounts payable, trade (Q)$1,149$845
Accrued compensation and retirement costs304343
Taxes, including income taxes (H)8777
Accrued interest payable6247
Deferred revenue119147
Other current liabilities (N)(Q)134121

Item 1. Financial Statements and Supplementary Data.

FAQ

What is Howmet Aerospace's accrued expenses?
Howmet Aerospace (HWM) reported accrued expenses of $304M in Q2 2026.
How has Howmet Aerospace's accrued expenses changed year-over-year?
Howmet Aerospace's accrued expenses increased by 15.6% year-over-year, from $263M to $304M.
What is the long-term trend for Howmet Aerospace's accrued expenses?
Over 5 years (2020 to 2025), Howmet Aerospace's accrued expenses has grown at a 10.8% compound annual growth rate (CAGR), from $205M to $343M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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