Business Segments · CapEx
Forged Wheels — CapEx
Howmet Aerospace Forged Wheels — CapEx decreased by 55.6% to $4.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 60.0%, from $10.00M to $4.00M. Over 4 years (FY 2021 to FY 2025), Forged Wheels — CapEx shows a downward trend with a -5.4% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025
How to read this metric
Higher spending indicates investment in future growth or efficiency, while lower spending may suggest a focus on cash preservation or a mature asset base.
Detailed definition
This metric measures the cash spent by the Forged Wheels segment to acquire, upgrade, or maintain physical assets like m...
Peer comparison
Standard metric for assessing investment intensity in manufacturing segments.
Metric ID:
hwm_segment_forged_wheels_capital_expendituresHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.00M | $15.00M | $8.00M | $9.00M | $5.00M | $6.00M | $8.00M | $9.00M | $7.00M | $9.00M | $11.00M | $12.00M | $9.00M | $14.00M | $10.00M | $15.00M | $8.00M | $9.00M | $4.00M |
| QoQ Change | — | +15.4% | -46.7% | +12.5% | -44.4% | +20.0% | +33.3% | +12.5% | -22.2% | +28.6% | +22.2% | +9.1% | -25.0% | +55.6% | -28.6% | +50.0% | -46.7% | +12.5% | -55.6% |
| YoY Change | — | — | — | — | -61.5% | -60.0% | +0.0% | +0.0% | +40.0% | +50.0% | +37.5% | +33.3% | +28.6% | +55.6% | -9.1% | +25.0% | -11.1% | -35.7% | -60.0% |
Range$4.00M – $15.00M
CAGR-23.0%
Avg YoY Growth+2.2%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is Howmet Aerospace's forged wheels — capex?
- Howmet Aerospace (HWM) reported forged wheels — capex of $4.00M in Q4 2025.
- How has Howmet Aerospace's forged wheels — capex changed year-over-year?
- Howmet Aerospace's forged wheels — capex decreased by 60.0% year-over-year, from $10.00M to $4.00M.
- What is the long-term trend for Howmet Aerospace's forged wheels — capex?
- Over 4 years (2021 to 2025), Howmet Aerospace's forged wheels — capex has grown at a -5.4% compound annual growth rate (CAGR), from $45.00M to $36.00M.
- What does forged wheels — capex mean?
- Cash spent on buying or upgrading the segment's physical assets.