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Howmet Aerospace HWM Fastening Systems — Goodwill

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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 fastening systems — goodwill?
Howmet Aerospace (HWM) reported fastening systems — goodwill of $1.61B in Q4 2025.
How has Howmet Aerospace's fastening systems — goodwill changed year-over-year?
Howmet Aerospace's fastening systems — goodwill increased by 1.1% year-over-year, from $1.6B to $1.61B.
What does fastening systems — goodwill mean?
This metric represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the Fastening Systems segment. It reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology. Investors track this to understand the historical acquisition activity and the potential for future impairment risks within the segment.