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Howmet Aerospace HWM Current ratio

Current ratio at other companies

Barnes Group logo
Barnes GroupB
2.3×-0.1×
General Electric logo
General ElectricGE
-0.1×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.0×
ATI logo
ATIATI
2.7×+0.1×
Honeywell International logo
Honeywell InternationalHON
1.4×+0.1×
Woodward logo
WoodwardWWD
1.7×-0.2×

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$113.32B+75.9%
Enterprise value$116.18B+71.7%
P/E65×+13.7×
P/S13.1×+4.6×

Profitability

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

Returns & leverage

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Return on equity33.8%+5.5pp
Debt / equity+0.2×

Where this comes from

Calculated from Howmet Aerospace’s reported figures.

Based on the most recent quarter.

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 current ratio?
Howmet Aerospace (HWM) reported current ratio of 2.4× in Q1 2026.
How has Howmet Aerospace's current ratio changed year-over-year?
Howmet Aerospace's current ratio increased by 6.4% year-over-year, from 2.3× to 2.4×.
What is the long-term trend for Howmet Aerospace's current ratio?
Over 4 years (2021 to 2025), Howmet Aerospace's current ratio has grown at a 0.9% compound annual growth rate (CAGR), from 8.8× to 9.1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.