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Howmet Aerospace HWM Forged Wheels — Goodwill (O)

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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:Goodwill.

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 (o)?
Howmet Aerospace (HWM) reported forged wheels — goodwill (o) of $7M in Q4 2025.
How has Howmet Aerospace's forged wheels — goodwill (o) changed year-over-year?
Howmet Aerospace's forged wheels — goodwill (o) decreased by 0.0% year-over-year, from $7M to $7M.
What does forged wheels — goodwill (o) mean?
This represents the residual goodwill balance associated with the segment after accounting for all adjustments, impairments, and reclassifications. It serves as the current carrying value of intangible acquisition premiums on the balance sheet. This figure is critical for assessing the segment's long-term valuation and potential for future write-downs.