Discontinued — last reported Q4 '25

Operating

Pension Expense

Howmet Aerospace Pension Expense increased by 166.7% to $40.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 13.0%, from $46.00M to $40.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows a downward trend with a -7.6% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

This is an add-back to net income; it does not represent actual cash funding of pension plans.

Detailed definition

Represents the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or...

Peer comparison

Common in mature industrial companies with legacy defined-benefit pension plans.

Metric ID: cf_pension_and_postretirement_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$32.00M$7.00M$28.00M$11.00M$9.00M$14.00M$9.00M$9.00M$3.00M$7.00M$17.00M$2.00M$15.00M$16.00M$46.00M$0.00$15.00M$15.00M$40.00M
QoQ Change-78.1%+300.0%-60.7%-18.2%+55.6%-35.7%+0.0%-66.7%+133.3%+142.9%-88.2%+650.0%+6.7%+187.5%-100.0%+0.0%+166.7%
YoY Change-71.9%+100.0%-67.9%-18.2%-66.7%-50.0%+88.9%-77.8%+400.0%+128.6%+170.6%-100.0%+0.0%-6.3%-13.0%
Range$0.00$46.00M
CAGR+5.1%
Avg YoY Growth+27.8%
Median YoY Growth-13.0%
Current Streak3 quarters growth

Pension Expense at Other Companies

Frequently Asked Questions

What is Howmet Aerospace's pension expense?
Howmet Aerospace (HWM) reported pension expense of $40.00M in Q4 2025.
How has Howmet Aerospace's pension expense changed year-over-year?
Howmet Aerospace's pension expense decreased by 13.0% year-over-year, from $46.00M to $40.00M.
What is the long-term trend for Howmet Aerospace's pension expense?
Over 4 years (2021 to 2025), Howmet Aerospace's pension expense has grown at a -7.6% compound annual growth rate (CAGR), from $96.00M to $70.00M.
What does pension expense mean?
Non-cash accounting adjustments related to employee retirement benefit plans.