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Howmet Aerospace HWM Fastening Systems — Goodwill, Impaired, Accumulated Impairment Loss

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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:GoodwillImpairedAccumulatedImpairmentLoss.

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, impaired, accumulated impairment loss?
Howmet Aerospace (HWM) reported fastening systems — goodwill, impaired, accumulated impairment loss of $4M in Q4 2025.
How has Howmet Aerospace's fastening systems — goodwill, impaired, accumulated impairment loss changed year-over-year?
Howmet Aerospace's fastening systems — goodwill, impaired, accumulated impairment loss decreased by 0.0% year-over-year, from $4M to $4M.
What does fastening systems — goodwill, impaired, accumulated impairment loss mean?
This metric tracks the cumulative amount of impairment losses recognized against the goodwill allocated to the Fastening Systems segment. It indicates that the carrying value of the segment's acquired assets has been written down due to a decline in fair value or expected future cash flows. High accumulated impairment suggests that previous acquisitions have not met performance expectations.