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Howmet Aerospace HWM Debt Issuance Costs

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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:PaymentsOfDebtIssuanceCosts.

The source filing: Howmet Aerospace’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 5:23 PM EST
Fiscal year
FY2025
Accession
0000004281-26-000012
For the year ended December 31,202520242023
Financing Activities
Additions to debt (Q)500500400
Repurchases and payments on debt (Q)(765)(865)(876)
Debt issuance costs (Q)(5)(5)(2)
Premiums paid on early redemption of debt (Q)(15)(5)(1)
Repurchases of common stock (I)(700)(500)(250)
Proceeds from exercise of employee stock options1811
Dividends paid to shareholders (I)(181)(109)(73)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Howmet Aerospace's debt issuance costs?
Howmet Aerospace (HWM) reported debt issuance costs of $5M in Q4 2025.
How has Howmet Aerospace's debt issuance costs changed year-over-year?
Howmet Aerospace's debt issuance costs increased by 300.0% year-over-year, from $1.25M to $5M.
What does debt issuance costs mean?
Cash paid for fees, legal costs, and underwriting discounts associated with issuing new debt.

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