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Howmet Aerospace HWM Operating Lease Liabilities

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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$115.92B+57.9%
Enterprise value$120.47B+57.9%
P/E62×+9.4×
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:OperatingLeaseLiabilityNoncurrent.

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 itemJune 30, 2026December 31, 2025
Right-of-use assets classified in Other noncurrent assets$162$162
Current portion of lease liabilities classified in Other current liabilities$46$42
Long-term portion of lease liabilities classified in Other noncurrent liabilities and deferred credits117121
Total lease liabilities$163$163

Item 1. Financial Statements and Supplementary Data.

FAQ

What is Howmet Aerospace's operating lease liabilities?
Howmet Aerospace (HWM) reported operating lease liabilities of $117M in Q2 2026.
How has Howmet Aerospace's operating lease liabilities changed year-over-year?
Howmet Aerospace's operating lease liabilities decreased by 9.3% year-over-year, from $129M to $117M.
What is the long-term trend for Howmet Aerospace's operating lease liabilities?
Over 5 years (2020 to 2025), Howmet Aerospace's operating lease liabilities has grown at a 3.9% compound annual growth rate (CAGR), from $100M to $121M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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