Business Segments · CapEx
Fastening Systems — CapEx
Howmet Aerospace Fastening Systems — CapEx decreased by 15.0% to $17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 70.0%, from $10M to $17M. Over 4 years (FY 2021 to FY 2025), Fastening Systems — CapEx shows an upward trend with a 5.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026May 7, 2026
Rolls up toProperty, plant, and equipment additions
How to read this metric
Higher capital expenditures suggest investment in growth or modernization, while lower levels may indicate a focus on cash preservation or a mature asset base.
Detailed definition
This metric measures the funds used by the Fastening Systems segment to acquire, upgrade, or maintain physical assets su...
Peer comparison
Standard metric for assessing investment intensity in manufacturing segments.
Metric ID:
hwm_segment_fastening_systems_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9M | $8M | $20M | $15M | $8M | $7M | $9M | $9M | $5M | $9M | $8M | $7M | $5M | $5M | $9M | $10M | $9M | $13M | $20M | $17M |
| QoQ Change | — | -11.1% | +150.0% | -25.0% | -46.7% | -12.5% | +28.6% | +0.0% | -44.4% | +80.0% | -11.1% | -12.5% | -28.6% | +0.0% | +80.0% | +11.1% | -10.0% | +44.4% | +53.8% | -15.0% |
| YoY Change | — | — | — | — | -11.1% | -12.5% | -55.0% | -40.0% | -37.5% | +28.6% | -11.1% | -22.2% | +0.0% | -44.4% | +12.5% | +42.9% | +80.0% | +160.0% | +122.2% | +70.0% |
Range$5M – $20M
CAGR+14.3%
Avg YoY Growth+17.6%
Median YoY Growth-5.6%
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Frequently Asked Questions
- 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?
- Investment in physical assets to maintain or expand the segment's operations.