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Howmet Aerospace HWM Forged Wheels — 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 forged wheels — goodwill, impaired, accumulated impairment loss?
Howmet Aerospace (HWM) reported forged wheels — goodwill, impaired, accumulated impairment loss of $0 in Q4 2025.
What does forged wheels — goodwill, impaired, accumulated impairment loss mean?
This metric tracks the cumulative total of impairment charges taken against the segment's goodwill balance over time. It quantifies the extent to which the original acquisition premium has been written down due to changes in market conditions or segment performance. This provides a historical view of how well the segment has maintained its acquired value.