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Howmet Aerospace HWM Finished goods

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Other financials

Income statement

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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

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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

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Operating cash flow$453.0M+79.1%
CapEx$94.0M-21.0%
Free cash flow$359.0M+168%

Valuation

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Market cap$107.57B+51.6%
Enterprise value$110.43B+49.5%
P/E61.7×+10.9×
P/S12.5×+3.3×

Profitability

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Gross margin35%+2.9pp
Operating margin26.7%+3.4pp
Net margin20.2%+3.6pp
FCF margin19.2%+5.7pp

Returns & leverage

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Return on equity33.8%+5.5pp
Debt / equity+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:InventoryFinishedGoodsNetOfReserves.

The official record: Howmet Aerospace’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Howmet Aerospace's finished goods?
Howmet Aerospace (HWM) reported finished goods of $475M in Q1 2026.
How has Howmet Aerospace's finished goods changed year-over-year?
Howmet Aerospace's finished goods increased by 1.7% year-over-year, from $467M to $475M.
What is the long-term trend for Howmet Aerospace's finished goods?
Over 5 years (2020 to 2025), Howmet Aerospace's finished goods has grown at a -2.6% compound annual growth rate (CAGR), from $528M to $462M.