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Howmet Aerospace HWM Fastening Systems — CapEx

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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:SegmentExpenditureAdditionToLongLivedAssets.

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 fastening systems — capex?
Howmet Aerospace (HWM) reported fastening systems — capex of $17M in Q1 2026.
How has Howmet Aerospace's fastening systems — capex changed year-over-year?
Howmet Aerospace's fastening systems — capex increased by 70.0% year-over-year, from $10M to $17M.
What is the long-term trend for Howmet Aerospace's fastening systems — capex?
Over 4 years (2021 to 2025), Howmet Aerospace's fastening systems — capex has grown at a 5.5% compound annual growth rate (CAGR), from $42M to $52M.
What does fastening systems — capex mean?
This metric measures the funds used by the Fastening Systems segment to acquire, upgrade, or maintain physical assets such as machinery and manufacturing facilities. It indicates the segment's commitment to future growth and operational capacity.