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Current Assets

Raw materials

Howmet Aerospace Raw materials increased by 16.0% to $492M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.0%, from $417M to $492M. Over 5 years (FY 2020 to FY 2025), Raw materials shows an upward trend with a 7.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026May 7, 2026
Parent metricInventories

How to read this metric

Increases often signal anticipation of higher production, while decreases may indicate supply chain constraints or reduced demand.

Detailed definition

This represents the value of basic materials and components held for use in the manufacturing process. It is a leading i...

Peer comparison

Standard for industrial firms; levels are sensitive to commodity price volatility and supply chain lead times.

Metric ID: inv_raw_materials

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$263M$264M$256M$279M$307M$314M$317M$322M$364M$378M$355M$386M$412M$433M$408M$417M$455M$453M$424M$492M
QoQ Change+0.4%-3.0%+9.0%+10.0%+2.3%+1.0%+1.6%+13.0%+3.8%-6.1%+8.7%+6.7%+5.1%-5.8%+2.2%+9.1%-0.4%-6.4%+16.0%
YoY Change+16.7%+18.9%+23.8%+15.4%+18.6%+20.4%+12.0%+19.9%+13.2%+14.6%+14.9%+8.0%+10.4%+4.6%+3.9%+18.0%
% of Inventories18.1%18.6%18.3%18.8%19.6%19.5%19.7%19.4%21.2%21.6%20.1%21.6%22.3%22.8%22.2%21.9%23.2%22.9%22.9%24.9%
Share Change+0.5pp-0.3pp+0.6pp+0.8pp-0.2pp+0.2pp-0.3pp+1.9pp+0.4pp-1.5pp+1.5pp+0.6pp+0.5pp-0.6pp-0.2pp+1.2pp-0.2pp-0.0pp+2.0pp
Range$256M$492M
CAGR+14.1%
Avg YoY Growth+14.6%
Median YoY Growth+15.2%

Frequently Asked Questions

What is Howmet Aerospace's raw materials?
Howmet Aerospace (HWM) reported raw materials of $492M in Q1 2026.
How has Howmet Aerospace's raw materials changed year-over-year?
Howmet Aerospace's raw materials increased by 18.0% year-over-year, from $417M to $492M.
What is the long-term trend for Howmet Aerospace's raw materials?
Over 5 years (2020 to 2025), Howmet Aerospace's raw materials has grown at a 7.7% compound annual growth rate (CAGR), from $292M to $424M.
What does raw materials mean?
The value of basic materials held for use in production.