Investing
CapEx
Howmet Aerospace CapEx decreased by 24.2% to $94.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.0%, from $119.00M to $94.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 22.8% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.00M | $47.00M | $61.00M | $62.00M | $44.00M | $42.00M | $45.00M | $64.00M | $41.00M | $59.00M | $55.00M | $82.00M | $55.00M | $82.00M | $102.00M | $119.00M | $102.00M | $108.00M | $124.00M | $94.00M |
| QoQ Change | — | +30.6% | +29.8% | +1.6% | -29.0% | -4.5% | +7.1% | +42.2% | -35.9% | +43.9% | -6.8% | +49.1% | -32.9% | +49.1% | +24.4% | +16.7% | -14.3% | +5.9% | +14.8% | -24.2% |
| YoY Change | — | — | — | — | +22.2% | -10.6% | -26.2% | +3.2% | -6.8% | +40.5% | +22.2% | +28.1% | +34.1% | +39.0% | +85.5% | +45.1% | +85.5% | +31.7% | +21.6% | -21.0% |
Range$36.00M – $124.00M
CAGR+22.4%
Avg YoY Growth+24.6%
Median YoY Growth+25.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Howmet Aerospace's capex?
- Howmet Aerospace (HWM) reported capex of $94.00M in Q1 2026.
- How has Howmet Aerospace's capex changed year-over-year?
- Howmet Aerospace's capex decreased by 21.0% year-over-year, from $119.00M to $94.00M.
- What is the long-term trend for Howmet Aerospace's capex?
- Over 4 years (2021 to 2025), Howmet Aerospace's capex has grown at a 22.8% compound annual growth rate (CAGR), from $199.00M to $453.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.