Howmet Aerospace Cash Flow Statement
NYSE: HWMIndustrialsMetal FabricationsUSD
At close: Oct 9, 4:04 PM ET · Delayed 15 min
Howmet Aerospace free cash flow
In fiscal 2025, Howmet Aerospace generated $1.88 billion of operating cash flow and spent $453.0 million on capital expenditures. That left free cash flow of $1.43 billion, a free-cash-flow margin of 17.3% of revenue. Free cash flow was up 46.5% from the prior year's $977.0 million.
Howmet Aerospace returned $881.0 million to shareholders: $181.0 million in dividends and $700.0 million in share repurchases, equal to 62% of free cash flow. Free cash flow covered dividend payments 7.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Howmet Aerospace cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.51B | 1.16B | 765.00M | 469.00M | 258.00M | 261.00M | 470.00M | 642.00M | -74.00M | -878.00M |
| Net Income growth (YoY) | +30.56% | +50.98% | +63.11% | +81.78% | -1.15% | -44.47% | -26.79% | — | — | — |
| Depreciation & Amortization | 283.00M | 277.00M | 272.00M | 265.00M | 270.00M | 338.00M | 536.00M | 576.00M | 551.00M | 1.13B |
| Stock-Based Compensation | 73.00M | 63.00M | 50.00M | 54.00M | 40.00M | 46.00M | 69.00M | 40.00M | 54.00M | 76.00M |
| Change in Working Capital | -146.00M | -221.00M | -300.00M | -132.00M | -268.00M | -764.00M | -1.02B | -1.07B | -1.15B | -1.28B |
| Operating Cash Flow | 1.88B | 1.30B | 901.00M | 733.00M | 449.00M | 9.00M | 461.00M | 217.00M | -39.00M | 95.00M |
| Capital Expenditures | -453.00M | -321.00M | -219.00M | -193.00M | -199.00M | -267.00M | -641.00M | -768.00M | -596.00M | -1.13B |
| Investing Cash Flow | -438.00M | -316.00M | -215.00M | -135.00M | 107.00M | 271.00M | 528.00M | 565.00M | 1.32B | 591.00M |
| Dividends Paid | -181.00M | -109.00M | -73.00M | -44.00M | -19.00M | -11.00M | -57.00M | -119.00M | -162.00M | -228.00M |
| Share Repurchases | -700.00M | -500.00M | -250.00M | -400.00M | -430.00M | -73.00M | -1.15B | 0 | 0 | — |
| Debt Issued | 500.00M | 500.00M | 400.00M | 0 | 700.00M | 2.40B | 400.00M | 600.00M | 816.00M | 1.96B |
| Debt Repaid | -765.00M | -865.00M | -876.00M | -69.00M | -1.54B | -2.04B | -806.00M | -1.10B | -1.63B | -2.73B |
| Financing Cash Flow | -1.27B | -1.03B | -868.00M | -526.00M | -1.44B | -369.00M | -1.57B | -649.00M | -1.01B | -757.00M |
| Net Change in Cash | 178.00M | -45.00M | -182.00M | 70.00M | -889.00M | -92.00M | -579.00M | 129.00M | 275.00M | -56.00M |
| Free Cash Flow | 1.43B | 977.00M | 682.00M | 540.00M | 250.00M | -258.00M | -180.00M | -551.00M | -635.00M | -1.03B |
This table shows 10 annual periods of Howmet Aerospace's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow HWM's reporting calendar. What is a cash flow statement?