90/100B205.775
USD
4.85
(2.41%)
Market Closed
Last updated: · Delayed 15 min
Fair value161.94Plus+27%121Price 205.78202
Q4 FY2026 · Earnings report
EPS estimate 1.48Revenue estimate 2.76B
Q4 FY2026 · Earnings report
EPS estimate 1.48Revenue estimate 2.76B
Howmet Aerospace cash flow statement 2014–2026
Howmet Aerospace's free cash flow over the last twelve months was 1.93B USD: operating cash flow of 2.40B USD less 469.00M USD of capital spending. That is 19.8% of its revenue and 4.80 a share.
Operating cash flow Free cash flow
Click a line's chart icon in the table to add it to the chart; hover over it for a quick look.
| Fiscal year | TTM 30 Sept 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 | FY2015 31 Dec 2015 | FY2014 31 Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 2.05B | 1.51B | 1.16B | 765.00M | 469.00M | 258.00M | 261.00M | 470.00M | 642.00M | -74.00M | -878.00M | -197.00M | 177.00M |
Depreciation and amortization | 324.00M | 283.00M | 277.00M | 272.00M | 265.00M | 270.00M | 279.00M | 295.00M | 576.00M | 551.00M | 1.13B | 508.00M | 1.37B |
Stock-based compensation | 94.00M | 73.00M | 63.00M | 50.00M | 54.00M | 41.00M | 46.00M | 69.00M | 50.00M | 67.00M | 86.00M | 92.00M | 87.00M |
Change in working capital | -29.00M | -98.00M | -345.00M | -345.00M | -203.00M | -345.00M | -662.00M | -1.13B | -1.01B | -616.00M | -812.00M | -905.00M | -1.13B |
Change in receivables | -213.00M | -109.00M | -57.00M | -189.00M | -161.00M | -508.00M | -453.00M | -1.07B | -1.38B | -463.00M | -1.11B | ||
Change in inventory | -72.00M | -50.00M | -106.00M | -142.00M | -234.00M | 60.00M | 74.00M | -3.00M | -74.00M | -192.00M | -29.00M | ||
Change in payables | -22.00M | -73.00M | -49.00M | -7.00M | 246.00M | 144.00M | -381.00M | -56.00M | 339.00M | 62.00M | 232.00M | ||
Change in other working capital | 278.00M | 134.00M | -133.00M | -7.00M | -54.00M | -41.00M | 98.00M | -2.00M | 104.00M | -23.00M | 93.00M | ||
Other non-cash items | -33.00M | 101.00M | 93.00M | 51.00M | 69.00M | 187.00M | 83.00M | 774.00M | -74.00M | 339.00M | 220.00M | 2.05B | 1.20B |
Operating cash flow | 2.40B | 1.88B | 1.30B | 901.00M | 733.00M | 449.00M | 9.00M | 461.00M | 217.00M | 701.00M | 873.00M | 1.58B | 1.67B |
Operating cash flow growth | +40.29% | +45.15% | +44.06% | +22.92% | +63.25% | +4,888.89% | -98.05% | +112.44% | -69.04% | -19.70% | -44.82% | ||
Capital expenditure | -469.00M | -453.00M | -321.00M | -219.00M | -193.00M | -199.00M | -267.00M | -586.00M | -768.00M | -596.00M | -1.13B | -1.18B | -1.22B |
Acquisitions | — | 9.00M | -5.00M | 0.00 | 58.00M | 0.00 | 0.00 | 0.00 | 0.00 | 596.00M | 10.00M | 97.00M | -2.39B |
Purchases of investments | — | -9.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.00M | -52.00M | -134.00M | -195.00M |
Sales and maturities of investments | 4.00M | 15.00M | 0.00 | 2.00M | 0.00 | 6.00M | 0.00 | 73.00M | 9.00M | 890.00M | 280.00M | 40.00M | 57.00M |
Other investing | — | 0.00 | 10.00M | 2.00M | 0.00 | 300.00M | 538.00M | 1.04B | 1.32B | -348.00M | 722.00M | 117.00M | 282.00M |
Investing cash flow | -2.17B | -438.00M | -316.00M | -215.00M | -135.00M | 107.00M | 271.00M | 528.00M | 565.00M | 540.00M | -165.00M | -1.06B | -3.46B |
Debt issued (repaid) | 824.00M | -270.00M | -365.00M | -476.00M | -74.00M | -847.00M | 342.00M | -404.00M | -510.00M | -820.00M | -772.00M | -145.00M | 1.15B |
Shares issued | — | 1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.00M | 50.00M | 4.00M | 25.00M | 0.00 |
| -1.36B | -755.00M | -500.00M | -250.00M | -400.00M | -430.00M | -73.00M | -1.15B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Dividends paid | -203.00M | -181.00M | -107.00M | -71.00M | -42.00M | -17.00M | -11.00M | -57.00M | -119.00M | -162.00M | -228.00M | -223.00M | -161.00M |
Other financing | 350.00M | -64.00M | -52.00M | -69.00M | -8.00M | -148.00M | -627.00M | -13.00M | -36.00M | -31.00M | 239.00M | -98.00M | 47.00M |
Financing cash flow | -384.00M | -1.27B | -1.03B | -868.00M | -526.00M | -1.44B | -369.00M | -1.57B | -649.00M | -963.00M | -757.00M | -441.00M | 2.25B |
Net change in cash | -154.00M | 178.00M | -45.00M | -181.00M | 70.00M | -889.00M | -92.00M | -579.00M | 129.00M | 287.00M | -56.00M | 42.00M | 440.00M |
| 1.93B | 1.43B | 977.00M | 682.00M | 540.00M | 250.00M | -258.00M | -125.00M | -551.00M | 105.00M | -252.00M | 402.00M | 455.00M | |
Free cash flow growth | +82.42% | +46.47% | +43.26% | +26.30% | +116.00% | — | — | — | -624.76% | — | -162.69% | ||
Free cash flow margin | 19.83% | 17.34% | 13.15% | 10.27% | 9.54% | 5.03% | -4.91% | -1.76% | -3.93% | 0.81% | -2.03% | ||
Free cash flow per share | 4.80 | 3.52 | 2.38 | 1.64 | 1.28 | 0.57 | -0.59 | -0.27 | -1.10 | 0.23 | -0.58 | 0.92 | 1.04 |
Free cash flow per share growth | +84.46% | +47.91% | +45.35% | +27.81% | +123.18% | — | — | — | -570.51% | — | -162.76% | ||
Income taxes paid | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 | Q3 FY2017 30 Sept 2017 | Q2 FY2017 30 Jun 2017 | Q1 FY2017 31 Mar 2017 | Q4 FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 567.00M | 534.00M | 580.00M | 372.00M | 385.00M | 407.00M | 344.00M | 314.00M | 332.00M | 266.00M | 243.00M | 236.00M | 188.00M | 193.00M | 148.00M | 111.00M | 80.00M | 147.00M | 131.00M | 77.00M | 27.00M | 74.00M | 80.00M | 106.00M | 36.00M | -96.00M | 215.00M | 309.00M | 95.00M | -121.00M | 187.00M | 218.00M | 161.00M | 120.00M | 143.00M | -727.00M | 119.00M | 212.00M | 322.00M | -1.25B |
Depreciation and amortization | 93.00M | 84.00M | 74.00M | 73.00M | 72.00M | 69.00M | 69.00M | 73.00M | 68.00M | 69.00M | 67.00M | 68.00M | 68.00M | 67.00M | 69.00M | 67.00M | 65.00M | 67.00M | 66.00M | 67.00M | 68.00M | 67.00M | 68.00M | 67.00M | 68.00M | 74.00M | 129.00M | 129.00M | 131.00M | 139.00M | 137.00M | 149.00M | 141.00M | 144.00M | 142.00M | 141.00M | 140.00M | 137.00M | 133.00M | 133.00M |
Stock-based compensation | 23.00M | 36.00M | 21.00M | 14.00M | 20.00M | 25.00M | 14.00M | 9.00M | 16.00M | 23.00M | 15.00M | 11.00M | 13.00M | 12.00M | 14.00M | 11.00M | 14.00M | 18.00M | 11.00M | 13.00M | 14.00M | 8.00M | 6.00M | 10.00M | 12.00M | 10.00M | 13.00M | 16.00M | 17.00M | 17.00M | 10.00M | 7.00M | 14.00M | 14.00M | 15.00M | 8.00M | 11.00M | 20.00M | 28.00M | 13.00M |
Change in working capital | -35.00M | -1.00M | -162.00M | 169.00M | -26.00M | -65.00M | -206.00M | 101.00M | 220.00M | -40.00M | -198.00M | 113.00M | -127.00M | -81.00M | -250.00M | 211.00M | -114.00M | -111.00M | -214.00M | 88.00M | -182.00M | -80.00M | -171.00M | -32.00M | -37.00M | -101.00M | -685.00M | 18.00M | -307.00M | -291.00M | -599.00M | 90.00M | -302.00M | -119.00M | -677.00M | 11.00M | -73.00M | -8.00M | -546.00M | 399.00M |
Change in receivables | -88.00M | -32.00M | -164.00M | 71.00M | -10.00M | 19.00M | -189.00M | 40.00M | 100.00M | 27.00M | ||||||||||||||||||||||||||||||
Change in inventory | 48.00M | -55.00M | -110.00M | 45.00M | -14.00M | -32.00M | -49.00M | 33.00M | -30.00M | -78.00M | ||||||||||||||||||||||||||||||
Change in payables | -211.00M | 59.00M | 220.00M | -90.00M | -57.00M | 16.00M | 58.00M | 18.00M | -73.00M | -16.00M | ||||||||||||||||||||||||||||||
Change in other working capital | 216.00M | 27.00M | -108.00M | 143.00M | 55.00M | -68.00M | -26.00M | 10.00M | 223.00M | 27.00M | ||||||||||||||||||||||||||||||
Other non-cash items | 22.00M | -64.00M | -75.00M | 84.00M | 17.00M | 16.00M | 14.00M | -33.00M | -364.00M | 44.00M | 18.00M | 14.00M | 14.00M | 12.00M | 11.00M | 34.00M | 14.00M | 13.00M | 33.00M | 44.00M | 131.00M | 11.00M | 1.00M | 23.00M | 29.00M | 138.00M | 18.00M | 17.00M | 74.00M | 448.00M | -1.00M | 26.00M | -11.00M | -12.00M | -77.00M | 491.00M | -22.00M | -289.00M | -257.00M | 178.00M |
Operating cash flow | 709.00M | 583.00M | 453.00M | 654.00M | 531.00M | 446.00M | 253.00M | 480.00M | 244.00M | 397.00M | 177.00M | 458.00M | 191.00M | 229.00M | 23.00M | 455.00M | 65.00M | 158.00M | 55.00M | 303.00M | 67.00M | 85.00M | -6.00M | 151.00M | 118.00M | 31.00M | -291.00M | 506.00M | 52.00M | 106.00M | -258.00M | 426.00M | 51.00M | 176.00M | -436.00M | 334.00M | 172.00M | 79.00M | -300.00M | 662.00M |
Operating cash flow growth | +33.52% | +30.72% | +79.05% | +36.25% | +117.62% | +12.34% | +42.94% | +4.80% | +27.75% | +73.36% | ||||||||||||||||||||||||||||||
Capital expenditure | -147.00M | -104.00M | -94.00M | -124.00M | -329.00M | -102.00M | -119.00M | -102.00M | -82.00M | -55.00M | -82.00M | -55.00M | -59.00M | -41.00M | -64.00M | -45.00M | -42.00M | -44.00M | -62.00M | -61.00M | -47.00M | -36.00M | -55.00M | -47.00M | -119.00M | -32.00M | -69.00M | -171.00M | -111.00M | -136.00M | -168.00M | -271.00M | -209.00M | -171.00M | -117.00M | -236.00M | -131.00M | -126.00M | -103.00M | -311.00M |
Acquisitions | 0.00 | -1.81B | -118.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.00M | 1.00M | 7.00M | 1.00M | 1.00M | 0.00 | 0.00 | 16.00M | 0.00 | 41.00M | 1.00M | 0.00 | 0.00 | 8.00M | 0.00 | 0.00 | 0.00 | 0.00 | 114.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00M | 131.00M | 0.00 | 0.00 | 10.00M |
Purchases of investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00M | -1.00M | 0.00 | 43.00M |
Sales and maturities of investments | 2.00M | -2.00M | 2.00M | 2.00M | 13.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00M | 0.00 | 5.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.00M | 0.00 | 0.00 | 47.00M | 0.00 | 0.00 | 0.00 | 9.00M | 0.00 | 2.00M | 0.00 | 888.00M | 14.00M |
Other investing | -1.00M | 3.00M | 224.00M | 0.00 | 212.00M | 5.00M | 4.00M | -5.00M | 10.00M | 0.00 | 0.00 | 3.00M | 0.00 | 0.00 | 0.00 | 0.00 | 1.00M | -1.00M | 0.00 | 23.00M | 97.00M | 114.00M | 58.00M | 166.00M | 144.00M | 65.00M | 49.00M | 440.00M | 228.00M | 265.00M | 163.00M | 625.00M | 274.00M | 288.00M | 137.00M | 267.00M | -129.00M | 196.00M | 244.00M | 0.00 |
Investing cash flow | -146.00M | -1.91B | 14.00M | -122.00M | -104.00M | -97.00M | -115.00M | -107.00M | -80.00M | -54.00M | -75.00M | -52.00M | -58.00M | -41.00M | -64.00M | -29.00M | -41.00M | -4.00M | -61.00M | -37.00M | 50.00M | 91.00M | 3.00M | 119.00M | 25.00M | 33.00M | 94.00M | 295.00M | 117.00M | 129.00M | 42.00M | 354.00M | 65.00M | 117.00M | 29.00M | 41.00M | -128.00M | 69.00M | 1.03B | -244.00M |
Debt issued (repaid) | -60.00M | -636.00M | 1.65B | -130.00M | -63.00M | -76.00M | -1.00M | -60.00M | -292.00M | -23.00M | 0.00 | -101.00M | -200.00M | 0.00 | -176.00M | -10.00M | 0.00 | -63.00M | -3.00M | -56.00M | 48.00M | -476.00M | -363.00M | -9.00M | -6.00M | -861.00M | 1.20B | -401.00M | -3.00M | 0.00 | 0.00 | -11.00M | -3.00M | 0.00 | -496.00M | -15.00M | 7.00M | -820.00M | 8.00M | -761.00M |
Shares issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 4.00M | 0.00 | 7.00M | 0.00 | 0.00 | 0.00 | 8.00M | 0.00 | 0.00 | 0.00 | 30.00M | 0.00 | 0.00 | 0.00 | 0.00 | 1.00M | 2.00M | 1.00M | 12.00M | 2.00M | 22.00M | 4.00M | 0.00 | 0.00 |
| -500.00M | -300.00M | -300.00M | -255.00M | -200.00M | -175.00M | -125.00M | -190.00M | -100.00M | -60.00M | -150.00M | -100.00M | -25.00M | -100.00M | -25.00M | -65.00M | -100.00M | -60.00M | -175.00M | -205.00M | -25.00M | -200.00M | 0.00 | -22.00M | -51.00M | 0.00 | 0.00 | -50.00M | -200.00M | -200.00M | -700.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Dividends paid | -56.00M | -49.00M | -48.00M | -50.00M | -48.00M | -41.00M | -41.00M | -33.00M | -34.00M | -21.00M | -20.00M | -21.00M | -17.00M | 15.00M | -16.00M | -17.00M | -9.00M | -9.00M | -9.00M | -8.00M | -10.00M | -1.00M | -1.00M | -1.00M | 0.00 | -1.00M | -9.00M | -9.00M | -9.00M | -10.00M | -29.00M | -30.00M | -29.00M | -30.00M | -30.00M | -30.00M | -44.00M | -43.00M | -45.00M | -57.00M |
Other financing | -4.00M | 444.00M | -76.00M | -14.00M | -3.00M | -47.00M | 1.00M | -2.00M | -15.00M | -20.00M | -7.00M | -1.00M | -1.00M | -74.00M | -2.00M | 1.00M | -1.00M | 17.00M | -14.00M | -1.00M | -119.00M | -30.00M | -11.00M | 2.00M | -5.00M | -560.00M | -78.00M | 36.00M | 2.00M | 9.00M | -12.00M | 0.00 | -2.00M | -6.00M | -28.00M | -2.00M | 0.00 | -53.00M | -6.00M | 414.00M |
Financing cash flow | -620.00M | -541.00M | 1.23B | -449.00M | -314.00M | -339.00M | -167.00M | -284.00M | -441.00M | -123.00M | -178.00M | -222.00M | -243.00M | -189.00M | -214.00M | -89.00M | -106.00M | -137.00M | -194.00M | -270.00M | -106.00M | -700.00M | -367.00M | -30.00M | -62.00M | -1.42B | 1.15B | -424.00M | -202.00M | -201.00M | -741.00M | -40.00M | -32.00M | -35.00M | -542.00M | -45.00M | -15.00M | -912.00M | -43.00M | -404.00M |
Net change in cash | -56.00M | -1.87B | 1.69B | 82.00M | 114.00M | 9.00M | -28.00M | 90.00M | -277.00M | 219.00M | -77.00M | 185.00M | -111.00M | -2.00M | -254.00M | 338.00M | -84.00M | 16.00M | -200.00M | -4.00M | 10.00M | -523.00M | -372.00M | 243.00M | 83.00M | -1.36B | 940.00M | 379.00M | -36.00M | 34.00M | -956.00M | 740.00M | 82.00M | 252.00M | -945.00M | 335.00M | 30.00M | -764.00M | 690.00M | 0.00 |
| 562.00M | 479.00M | 359.00M | 530.00M | 202.00M | 344.00M | 134.00M | 378.00M | 162.00M | 342.00M | 95.00M | 403.00M | 132.00M | 188.00M | -41.00M | 410.00M | 23.00M | 114.00M | -7.00M | 242.00M | 20.00M | 49.00M | -61.00M | 104.00M | -1.00M | -1.00M | -360.00M | 335.00M | -59.00M | -30.00M | -426.00M | 155.00M | -158.00M | 5.00M | -553.00M | 98.00M | 41.00M | -47.00M | -403.00M | 351.00M | |
Free cash flow growth | +178.22% | +39.24% | +167.91% | +40.21% | +24.69% | +0.58% | +41.05% | -6.20% | +22.73% | +81.91% | ||||||||||||||||||||||||||||||
Free cash flow margin | 20.79% | 18.81% | 15.52% | 24.45% | 9.67% | 16.76% | 6.90% | 19.99% | 8.83% | 18.19% | ||||||||||||||||||||||||||||||
Free cash flow per share | 1.41 | 1.19 | 0.89 | 1.31 | 0.50 | 0.85 | 0.33 | 0.93 | 0.40 | 0.83 | 0.23 | 0.97 | 0.32 | 0.45 | -0.10 | 0.98 | 0.05 | 0.27 | -0.02 | 0.56 | 0.05 | 0.11 | -0.14 | 0.24 | -0.00 | -0.00 | -0.82 | 0.76 | -0.13 | -0.07 | -0.87 | 0.31 | -0.31 | 0.01 | -1.10 | 0.20 | 0.09 | -0.10 | -0.81 | 0.80 |
Free cash flow per share growth | +181.70% | +40.98% | +170.57% | +41.60% | +26.23% | +1.57% | +42.79% | -4.84% | +24.22% | +84.57% | ||||||||||||||||||||||||||||||
Income taxes paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Howmet Aerospace's cash flow
Source: Financial Modeling Prep