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Howmet Aerospace HWM Net gains (losses) on investments

Net gains (losses) on investments at other companies

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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$113.14B+56.0%
Enterprise value$117.69B+56.1%
P/E60.5×+8.6×
P/S12.4×+3.0×

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:GainLossOnInvestments.

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 itemSix months ended / June 30, 2026Six months ended / June 30, 2025
Depreciation and amortization158138
Deferred income taxes912
Restructuring and other credits(93)(4)
Net realized and unrealized losses811
Net periodic pension cost (F)2321
Stock-based compensation5739
Other52
Changes in assets and liabilities, excluding effects of acquisitions, divestitures, and foreign currency translation adjustments:

Item 1. Financial Statements and Supplementary Data.

FAQ

What is Howmet Aerospace's net gains (losses) on investments?
Howmet Aerospace (HWM) reported net gains (losses) on investments of -$4M in Q2 2026.
How has Howmet Aerospace's net gains (losses) on investments changed year-over-year?
Howmet Aerospace's net gains (losses) on investments increased by 33.3% year-over-year, from -$6M to -$4M.
What is the long-term trend for Howmet Aerospace's net gains (losses) on investments?
Over 4 years (2021 to 2025), Howmet Aerospace's net gains (losses) on investments has grown at a 25.0% compound annual growth rate (CAGR), from -$9M to -$22M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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