Income StatementBalance SheetCash FlowSegments
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Howmet Aerospace Business Segments

Business, geographic, and product segment breakdowns

Howmet Aerospace generates $8.6B in annual revenue across 4 key segments: Engine Products ($4.6B), Engineered Structures ($1.2B), Fastening Systems ($1.8B), and Forged Wheels ($1.1B). The company-wide operating margin is 26.73%. Based on the Q1 2026 filing.

Engine Products (TTM)$4.6BEngineered Structures (TTM)$1.2BFastening Systems (TTM)$1.8BForged Wheels (TTM)$1.1B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$102.65B
P/E Ratio58.86
ROE33.82%

Products & Services

Concentration risk, percentage

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aerospace1.0%69.0%——1.0%68.0%
Aerospace - Commercial and Defense17.0%17.5%17.5%17.5%17.5%—

Sales (C)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aerospace - Commercial$1.0B$1.0B$1.1B$1.1B$1.1B$1.2B
Aerospace - Defense$305.0M$333.0M$352.0M$357.0M$367.0M$366.0M
Commercial Transportation$298.0M$305.0M$332.0M$301.0M$310.0M$346.0M
Gas Turbines$188.8M$204.0M———$284.0M

Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other$83.0M$84.0M———$102.0M

Geographic

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-Lived Assets$94.0M———$95.0M—
Sales (C)$235.0M$256.3M$256.3M$256.3M$256.3M—

Business Segments

CapEx

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$76.0M$85.0M$75.0M$74.0M$84.0M$59.0M
Fastening Systems$9.0M$10.0M$9.0M$13.0M$20.0M$17.0M
Engineered Structures$4.0M$6.0M$6.0M$9.0M$13.0M$12.0M
Forged Wheels$10.0M$15.0M$8.0M$9.0M$4.0M$3.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures$305.0M———$305.0M—
Fastening Systems$1.6B———$1.6B—

Goodwill, Impaired, Accumulated Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures$2.0M———$2.0M—
Fastening Systems$4.0M———$4.0M—

Goodwill (O)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures$303.0M———$303.0M—
Fastening Systems$1.6B———$1.6B—

Goodwill, Reclassified To Held-For-Sale

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products————$0.0—
Engineered Structures————$0.0—
Fastening Systems————$0.0—
Forged Wheels————$0.0—

Other segment items

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$20.0M$25.0M$27.0M$29.0M$32.0M$32.0M
Fastening Systems$28.0M$29.0M$29.0M$30.0M$30.0M$32.0M
Engineered Structures$8.0M$8.0M$9.0M$9.0M$8.0M$10.0M
Forged Wheels$11.0M$10.0M$11.0M$12.0M$10.0M$10.0M

Provision for depreciation and amortization

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$39.0M$33.0M$35.0M$38.0M$39.0M$38.0M
Fastening Systems$11.0M$12.0M$12.0M$12.0M$12.0M$13.0M
Forged Wheels$12.0M$10.0M$10.0M$11.0M$11.0M$11.0M
Engineered Structures$10.0M$13.0M$10.0M$9.0M$10.0M$10.0M

Restructuring and other charges (credits)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures—-$4.0M$0.0——-$93.0M
Engine Products$1.0M$0.0$0.0$0.0$88.0M$0.0
Fastening Systems$2.0M$0.0$1.0M$0.0-$1.0M$0.0
Forged Wheels—$0.0-$1.0M——$0.0

Sales (C)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$973.0M$976.0M$1.1B$1.1B$1.2B$1.3B
Fastening Systems$402.0M$412.0M$431.0M$448.0M$455.0M$471.0M
Engineered Structures$278.0M$311.0M$293.0M$291.0M$288.0M$302.0M
Forged Wheels$243.0M$252.0M$276.0M$247.0M$264.0M$295.0M

Segment Adjusted cost of goods sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$651.0M$633.0M$682.0M$709.0M$737.0M$765.0M
Fastening Systems$263.0M$256.0M$276.0M$280.0M$286.0M$289.0M
Engineered Structures$219.0M$236.0M$222.0M$224.0M$217.0M$226.0M
Forged Wheels$166.0M$174.0M$189.0M$162.0M$175.0M$195.0M

Segment Adjusted EBITDA

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$302.0M$318.0M$349.0M$368.0M$396.0M$458.0M
Fastening Systems$111.0M$127.0M$126.0M$138.0M$139.0M$150.0M
Forged Wheels$66.0M$68.0M$76.0M$73.0M$79.0M$90.0M
Engineered Structures$51.0M$67.0M$62.0M$58.0M$63.0M$66.0M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engine Products$5.1B$5.3B$5.5B$5.6B$5.6B$5.7B
Fastening Systems$2.7B$2.7B$2.8B$2.8B$2.8B$2.9B
Engineered Structures$1.4B$1.5B$1.4B$1.4B$1.3B$1.3B
Forged Wheels$701.0M$728.0M$748.0M$733.0M$691.0M$723.0M

Translation and other

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Engineered Structures-$250.0K$0.0$0.0$0.0$0.0—
Fastening Systems-$1.8M$4.3M$4.3M$4.3M$4.3M—