Howmet Aerospace (HWM) balance sheet
NYSE · Industrials · Aerospace & Defense · 25,430 employees · CEO John C. Plant
- Price
- $199.36 -3.20%
- Market cap
- $79.5B
- Enterprise value
- $83.4B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-11 EPS est. $1.45
At the end of Q3 '26 Howmet Aerospace (HWM) held $507M in cash and short-term investments against $4.44B of debt incl. leases. Total assets $13.3B, total liabilities $7.52B, shareholders' equity $5.76B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $610M | $534M | $753M | $475M | $564M | $536M | $545M | $660M | $742M | $2.44B | $563M | $507M | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4M | $0 | $0 | $0 | $0 | |
| Receivables | $692M | $803M | $768M | $775M | $709M | $901M | $902M | $901M | $796M | $940M | $1.04B | $1.12B | |
| Inventory | $1.77B | $1.78B | $1.85B | $1.9B | $1.84B | $1.9B | $1.96B | $1.98B | $1.85B | $1.98B | $2.18B | $2.11B | |
| Other current assets | $249M | $221M | $235M | $239M | $249M | $215M | $283M | $289M | $392M | $1M | $407M | $381M | |
| Current assets | $3.32B | $3.34B | $3.6B | $3.39B | $3.36B | $3.55B | $3.69B | $3.82B | $3.78B | $5.66B | $4.19B | $4.12B | |
| Property, plant & equipment (net) | $2.46B | $2.44B | $2.46B | $2.36B | $2.54B | $2.44B | $2.53B | $2.55B | $2.59B | $2.61B | $2.82B | $2.91B | |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2M | $0 | $0 | $0 | $0 | |
| Goodwill | $4.04B | $4.02B | $4.02B | $4.05B | $4.01B | $4.03B | $4.07B | $4.06B | $4.02B | $4.08B | $5.08B | $5.1B | |
| Intangible assets | $505M | $498M | $489M | $484M | $475M | $470M | $467M | $462M | $457M | $451M | $869M | $855M | |
| Deferred tax assets | $46M | $38M | $32M | $39M | $35M | $32M | $31M | $31M | $40M | $35M | $48M | $48M | |
| Other non-current assets | $70M | $74M | $75M | $239M | $96M | $248M | $263M | $249M | $288M | $232M | $240M | $250M | |
| Non-current assets | $7.11B | $7.07B | $7.08B | $7.17B | $7.16B | $7.22B | $7.35B | $7.35B | $7.4B | $7.41B | $9.06B | $9.16B | |
| Total assets | $10.4B | $10.4B | $10.7B | $10.6B | $10.5B | $10.8B | $11B | $11.2B | $11.2B | $13.1B | $13.3B | $13.3B | |
| Liabilities | |||||||||||||
| Accounts payable | $982M | $964M | $971M | $917M | $948M | $991M | $1.03B | $957M | $845M | $1.06B | $1.15B | $969M | |
| Accrued expenses | $65M | $45M | $64M | $25M | $59M | $32M | $59M | $314M | $343M | $39M | $304M | $427M | |
| Short-term debt | $206M | $206M | $782M | $1M | $6M | $7M | $5M | $42M | $191M | $636M | $451M | $391M | |
| Taxes payable | $68M | $84M | $81M | $59M | $60M | $105M | $64M | $71M | $77M | $81M | $87M | $88M | |
| Deferred revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $147M | $129M | $119M | $204M | |
| Other current liabilities | $431M | $399M | $423M | $515M | $439M | $374M | $403M | $241M | $168M | $372M | $283M | $224M | |
| Current liabilities | $1.78B | $1.7B | $2.36B | $1.52B | $1.55B | $1.55B | $1.6B | $1.63B | $1.77B | $2.32B | $2.31B | $2.22B | |
| Long-term debt | $3.5B | $3.49B | $2.88B | $3.39B | $3.31B | $3.32B | $3.25B | $3.31B | $2.86B | $4.05B | $4.05B | $4.05B | |
| Lease obligations (non-current) | $97M | $0 | $121M | $0 | $119M | $120M | $129M | $122M | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $1.01B | $1.14B | $1.05B | $1.15B | $988M | $995M | $1.02B | $977M | $1.2B | $1.18B | $1.16B | $1.25B | |
| Non-current liabilities | $4.61B | $4.63B | $4.04B | $4.54B | $4.42B | $4.43B | $4.4B | $4.41B | $4.06B | $5.23B | $5.21B | $5.3B | |
| Total liabilities | $6.39B | $6.32B | $6.4B | $6.06B | $5.97B | $5.98B | $6B | $6.03B | $5.83B | $7.55B | $7.52B | $7.52B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $410M | $408M | $408M | $407M | $405M | $404M | $404M | $403M | $402M | $401M | $400M | $398M | |
| Retained earnings | $1.72B | $1.94B | $2.19B | $2.45B | $2.77B | $3.07B | $3.43B | $3.72B | $4.09B | $4.63B | $5.11B | $5.62B | |
| Accumulated other comprehensive income | -$1.83B | -$1.86B | -$1.86B | -$1.8B | -$1.88B | -$1.83B | -$1.75B | -$1.75B | -$1.67B | -$1.69B | -$1.7B | -$1.7B | |
| Shareholders' equity | $4.04B | $4.09B | $4.28B | $4.5B | $4.55B | $4.79B | $5.04B | $5.14B | $5.35B | $5.52B | $5.73B | $5.76B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $3.84B | $3.69B | $3.82B | $3.39B | $3.47B | $3.48B | $3.43B | $3.47B | $3.05B | $4.69B | $4.51B | $4.44B | |
| Net debt (debt - cash) | $3.23B | $3.16B | $3.06B | $2.92B | $2.91B | $2.95B | $2.88B | $2.81B | $2.31B | $2.25B | $3.95B | $3.94B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $1.86B | $2.15B | $2.28B | $1.58B | $1.61B | $720M | $791M | $610M | $564M | $742M | |
| Receivables | $1.45B | $1.37B | $1.5B | $932M | $357M | $420M | $537M | $692M | $709M | $796M | |
| Inventory | $2.25B | $2.48B | $2.49B | $1.61B | $1.49B | $1.4B | $1.61B | $1.77B | $1.84B | $1.85B | |
| Other current assets | $491M | $0 | $0 | $1.44B | $0 | $0 | $206M | $249M | $249M | $392M | |
| Current assets | $5.89B | $6.38B | $6.58B | $5.84B | $3.67B | $2.74B | $3.14B | $3.32B | $3.36B | $3.78B | |
| Property, plant & equipment (net) | $5.49B | $5.59B | $5.7B | $5.46B | $2.59B | $2.47B | $2.33B | $2.46B | $2.54B | $2.59B | |
| Long-term investments | $1.02B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $5.15B | $4.54B | $4.5B | $4.49B | $4.1B | $4.07B | $4.01B | $4.04B | $4.01B | $4.02B | |
| Intangible assets | $988M | $987M | $919M | $658M | $571M | $549M | $521M | $505M | $475M | $457M | |
| Deferred tax assets | $1.25B | $743M | $573M | $608M | $275M | $184M | $54M | $46M | $35M | $40M | |
| Other non-current assets | $1.24B | $481M | $416M | $514M | $234M | $215M | $192M | $70M | $96M | $288M | |
| Non-current assets | $14.2B | $12.3B | $12.1B | $11.7B | $7.77B | $7.48B | $7.11B | $7.11B | $7.16B | $7.4B | |
| Total assets | $20B | $18.7B | $18.7B | $17.6B | $11.4B | $10.2B | $10.3B | $10.4B | $10.5B | $11.2B | |
| Liabilities | |||||||||||
| Accounts payable | $1.74B | $1.84B | $2.13B | $976M | $599M | $732M | $962M | $982M | $948M | $845M | |
| Accrued expenses | $153M | $124M | $113M | $112M | $89M | $74M | $75M | $65M | $59M | $343M | |
| Short-term debt | $40M | $38M | $434M | $1.03B | $376M | $5M | $0 | $206M | $6M | $191M | |
| Taxes payable | $85M | $75M | $118M | $87M | $102M | $61M | $48M | $68M | $60M | $77M | |
| Deferred revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $147M | |
| Other current liabilities | $727M | $748M | $726M | $1.87B | $456M | $348M | $365M | $431M | $439M | $168M | |
| Current liabilities | $2.75B | $2.82B | $3.52B | $4.13B | $1.66B | $1.25B | $1.48B | $1.78B | $1.55B | $1.77B | |
| Long-term debt | $8.04B | $6.81B | $5.9B | $4.91B | $4.7B | $4.23B | $4.16B | $3.5B | $3.31B | $2.86B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $194M | $100M | $81M | $83M | $97M | $119M | $0 | |
| Other non-current liabilities | $4.1B | $4.16B | $3.69B | $3.73B | $1.41B | $1.15B | $927M | $1.01B | $988M | $1.2B | |
| Non-current liabilities | $12.1B | $11B | $9.59B | $8.83B | $6.21B | $5.46B | $5.17B | $4.61B | $4.42B | $4.06B | |
| Total liabilities | $14.9B | $13.8B | $13.1B | $13B | $7.87B | $6.71B | $6.65B | $6.39B | $5.97B | $5.83B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $438M | $481M | $483M | $433M | $433M | $422M | $412M | $410M | $405M | $402M | |
| Retained earnings | -$1.23B | -$1.25B | -$358M | $129M | $364M | $603M | $1.03B | $1.72B | $2.77B | $4.09B | |
| Accumulated other comprehensive income | -$2.57B | -$2.64B | -$2.93B | -$3.33B | -$1.94B | -$1.86B | -$1.84B | -$1.83B | -$1.88B | -$1.67B | |
| Shareholders' equity | $5.14B | $4.91B | $5.57B | $4.61B | $3.58B | $3.51B | $3.6B | $4.04B | $4.55B | $5.35B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $8.08B | $6.84B | $6.33B | $6.21B | $5.21B | $4.35B | $4.28B | $3.84B | $3.47B | $3.05B | |
| Net debt (debt - cash) | $6.22B | $4.69B | $4.05B | $4.63B | $3.6B | $3.63B | $3.49B | $3.23B | $2.91B | $2.31B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01