Non-Current Liabilities
Operating Lease Liabilities
Howmet Aerospace Operating Lease Liabilities decreased by 2.5% to $118M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $120M to $118M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 3.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026
How to read this metric
A rising trend indicates expanding long-term operational commitments, which increases fixed costs and financial leverage.
Detailed definition
This represents the portion of operating lease obligations that are due for payment beyond the next twelve months. It re...
Peer comparison
Reflects the company's long-term operational footprint; comparable to other capital-intensive industrial manufacturers.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| 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 | $93M | $88M | $81M | $78M | $82M | $80M | $83M | $79M | $77M | $83M | $97M | $112M | $121M | $122M | $119M | $120M | $129M | $122M | $121M | $118M |
| QoQ Change | — | -5.4% | -8.0% | -3.7% | +5.1% | -2.4% | +3.8% | -4.8% | -2.5% | +7.8% | +16.9% | +15.5% | +8.0% | +0.8% | -2.5% | +0.8% | +7.5% | -5.4% | -0.8% | -2.5% |
| YoY Change | — | — | — | — | -11.8% | -9.1% | +2.5% | +1.3% | -6.1% | +3.8% | +16.9% | +41.8% | +57.1% | +47.0% | +22.7% | +7.1% | +6.6% | +0.0% | +1.7% | -1.7% |
Range$77M – $129M
CAGR+5.1%
Avg YoY Growth+11.2%
Median YoY Growth+3.1%
Current Streak3 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Howmet Aerospace's operating lease liabilities?
- Howmet Aerospace (HWM) reported operating lease liabilities of $118M in Q1 2026.
- How has Howmet Aerospace's operating lease liabilities changed year-over-year?
- Howmet Aerospace's operating lease liabilities decreased by 1.7% year-over-year, from $120M to $118M.
- 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?
- The portion of lease payments due after the next year.