Operating Lease Liabilities (Current)
Howmet Aerospace Operating Lease Liabilities (Current) increased by 4.8% to $44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $39M to $44M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 2.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates higher short-term cash commitments, which may pressure liquidity if not matched by operating cash flow.
Detailed definition
This represents the portion of total operating lease obligations that are due for payment within the next twelve months....
Peer comparison
Standardized across industries under lease accounting standards; peers with large manufacturing footprints typically have higher lease liabilities.
operating_lease_liabilities_currentHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36M | $34M | $33M | $32M | $32M | $31M | $32M | $33M | $34M | $32M | $32M | $35M | $37M | $38M | $37M | $39M | $41M | $41M | $42M | $44M |
| QoQ Change | — | -5.6% | -2.9% | -3.0% | +0.0% | -3.1% | +3.2% | +3.1% | +3.0% | -5.9% | +0.0% | +9.4% | +5.7% | +2.7% | -2.6% | +5.4% | +5.1% | +0.0% | +2.4% | +4.8% |
| YoY Change | — | — | — | — | -11.1% | -8.8% | -3.0% | +3.1% | +6.3% | +3.2% | +0.0% | +6.1% | +8.8% | +18.8% | +15.6% | +11.4% | +10.8% | +7.9% | +13.5% | +12.8% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Howmet Aerospace's operating lease liabilities (current)?
- Howmet Aerospace (HWM) reported operating lease liabilities (current) of $44M in Q1 2026.
- How has Howmet Aerospace's operating lease liabilities (current) changed year-over-year?
- Howmet Aerospace's operating lease liabilities (current) increased by 12.8% year-over-year, from $39M to $44M.
- What is the long-term trend for Howmet Aerospace's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Howmet Aerospace's operating lease liabilities (current) has grown at a 2.0% compound annual growth rate (CAGR), from $38M to $42M.
- What does operating lease liabilities (current) mean?
- The portion of lease payments due within the next year.