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Howmet Aerospace HWM Engineered Structures — Goodwill

Other segment segments

Fastening Systems
$1.61B+1.1%

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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$115.74B+52.4%
Enterprise value$118.6B+50.4%
P/E66.4×+12.0×
P/S13.4×+3.6×

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:GoodwillGross.

The official record: Howmet Aerospace’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Howmet Aerospace's engineered structures — goodwill?
Howmet Aerospace (HWM) reported engineered structures — goodwill of $305M in Q4 2025.
How has Howmet Aerospace's engineered structures — goodwill changed year-over-year?
Howmet Aerospace's engineered structures — goodwill decreased by 0.0% year-over-year, from $305M to $305M.
What does engineered structures — goodwill mean?
This metric represents the intangible asset value recorded when the Engineered Structures segment was acquired for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and synergies. Investors track this to assess the long-term value of past acquisitions.