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Current Assets

Total Current Assets

Howmet Aerospace Total Current Assets increased by 49.7% to $5.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 59.2%, from $3.55B to $5.66B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a 0.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase generally signals improved liquidity, provided it is not driven by excessive inventory or uncollectible receivables.

Detailed definition

This is the sum of all assets that are expected to be converted into cash or consumed within one year or one operating c...

Peer comparison

Varies significantly by industry; aerospace companies require substantial current assets to support long production cycles.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.8B$2.82B$2.74B$2.78B$2.84B$2.85B$3.14B$3.06B$3.13B$3.11B$3.32B$3.34B$3.6B$3.39B$3.36B$3.55B$3.69B$3.82B$3.78B$5.66B
QoQ Change+0.8%-2.9%+1.6%+2.0%+0.3%+10.4%-2.7%+2.3%-0.5%+6.6%+0.7%+7.9%-5.9%-0.9%+5.7%+3.9%+3.5%-1.2%+49.7%
YoY Change+1.4%+0.9%+14.8%+9.9%+10.3%+9.3%+5.5%+9.3%+15.2%+9.0%+1.4%+6.4%+2.5%+12.8%+12.4%+59.2%
Range$2.74B$5.66B
CAGR+16.0%
Avg YoY Growth+11.3%
Median YoY Growth+9.3%

Frequently Asked Questions

What is Howmet Aerospace's total current assets?
Howmet Aerospace (HWM) reported total current assets of $5.66B in Q1 2026.
How has Howmet Aerospace's total current assets changed year-over-year?
Howmet Aerospace's total current assets increased by 59.2% year-over-year, from $3.55B to $5.66B.
What is the long-term trend for Howmet Aerospace's total current assets?
Over 5 years (2020 to 2025), Howmet Aerospace's total current assets has grown at a 0.6% compound annual growth rate (CAGR), from $3.67B to $3.78B.
What does total current assets mean?
The total value of all assets the company expects to turn into cash within one year.