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Howmet Aerospace HWM Interest Expense

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Other financials

Income statement

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Revenue$2.5B+24.1%
Gross profit$951.0M+38.2%
Operating income$711.0M+36.5%
Net income$534.0M+31.2%
EPS (diluted)$1.33+33.0%

Balance sheet

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Cash & equivalents$564.0M+3.3%
Total debt$5.1B+49.2%
Total equity$5.7B+13.7%
Total assets$13.3B+20.0%

Cash flow

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Operating cash flow$583.0M+30.7%
CapEx$104.0M+2.0%
Free cash flow$479.0M+39.2%

Valuation

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Market cap$115.31B+58.9%
Enterprise value$119.86B+58.8%
P/E61.6×+9.7×
P/S12.7×+3.2×

Profitability

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Gross margin36%+3.3pp
Operating margin27.4%+3.0pp
Net margin20.5%+2.4pp
FCF margin19.6%+6.5pp

Returns & leverage

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Return on equity34.7%+4.8pp
Debt / equity0.9×+0.2×
Current ratio1.8×-0.5×

Where this comes from

Reported directly by Howmet Aerospace in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

The source filing: Howmet Aerospace’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000004281-26-000025
Line itemSecond quarter ended / June 30, 2026Second quarter ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Provision for depreciation and amortization8469158138
Restructuring and other credits (E)(93)(4)
Operating income7115211,4641,015
Interest expense, net51389477
Other expense, net (G)11141323
Income before income taxes6494691,357915
Provision for income taxes (H)11562243164
Net income$534$407$1,114$751

Item 1. Financial Statements and Supplementary Data.

FAQ

What is Howmet Aerospace's interest expense?
Howmet Aerospace (HWM) reported interest expense of -$51M in Q2 2026.
How has Howmet Aerospace's interest expense changed year-over-year?
Howmet Aerospace's interest expense decreased by 34.2% year-over-year, from -$38M to -$51M.
What is the long-term trend for Howmet Aerospace's interest expense?
Over 4 years (2021 to 2025), Howmet Aerospace's interest expense has grown at a -12.6% compound annual growth rate (CAGR), from $259M to -$151M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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