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Howmet Aerospace HWM Fastening Systems — Provision for depreciation and amortization

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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:DepreciationAndAmortization.

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 — provision for depreciation and amortization?
Howmet Aerospace (HWM) reported fastening systems — provision for depreciation and amortization of $13M in Q1 2026.
How has Howmet Aerospace's fastening systems — provision for depreciation and amortization changed year-over-year?
Howmet Aerospace's fastening systems — provision for depreciation and amortization increased by 8.3% year-over-year, from $12M to $13M.
What is the long-term trend for Howmet Aerospace's fastening systems — provision for depreciation and amortization?
Over 4 years (2021 to 2025), Howmet Aerospace's fastening systems — provision for depreciation and amortization has grown at a -0.5% compound annual growth rate (CAGR), from $49M to $48M.
What does fastening systems — provision for depreciation and amortization mean?
This metric represents the non-cash expense allocated to the Fastening Systems segment to account for the wear and tear of physical assets and the expiration of intangible assets over time. It reflects the ongoing consumption of the segment's capital base.