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HOWMET AEROSPACE INC. (HWM) Debt / Equity

Howmet Aerospace Inc. Debt/Equity Ratio

The debt/equity ratio shows how much a company has borrowed for every dollar its shareholders have put in. It is long-term debt, both the part due within a year and the rest, divided by shareholder equity, shown as a multiple with both amounts in the table. A higher ratio means the company relies more on borrowed money than on shareholder capital. Because equity shrinks through buybacks or losses, the ratio can rise even when debt is unchanged, and it has no meaning when equity is negative. Quarterly points use quarter-end balances; annual points use fiscal-year-end balances.

  • Howmet Aerospace Inc. debt/equity ratio for the quarter ending 2026-06-30 was 0.71, a 9.37% increase year-over-year.
  • Howmet Aerospace Inc. debt/equity ratio for the quarter ending 2026-03-31 was 0.77, a 10.59% increase year-over-year.
  • Howmet Aerospace Inc. debt/equity ratio for the quarter ending 2025-12-31 was 0.57, a 21.73% decline year-over-year.
  • Howmet Aerospace Inc. debt/equity ratio for the quarter ending 2025-09-30 was 0.62, a 17.73% decline year-over-year.
  • Howmet Aerospace Inc. debt/equity ratio for fiscal 2025 was 0.61, a 16.98% decline from fiscal 2024.
  • Howmet Aerospace Inc. debt/equity ratio for fiscal 2024 was 0.73, a 24.74% decline from fiscal 2023.
  • Howmet Aerospace Inc. debt/equity ratio for fiscal 2023 was 0.97, a 16.16% decline from fiscal 2022.
  • Howmet Aerospace Inc. debt/equity ratio for fiscal 2022 was 1.16, a 4.31% decline from fiscal 2021.
Available history
2008-12-31 to 2026-06-30
Data captured

Historical Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2026-06-300.71$4.05B$5.73B
2026-03-310.77$4.24B$5.52B
2025-12-310.57$3.05B$5.35B
2025-09-300.62$3.19B$5.14B
2025-06-300.65$3.26B$5.04B
2025-03-310.69$3.32B$4.79B
2024-12-310.73$3.32B$4.55B
2024-09-300.75$3.39B$4.5B
2024-06-300.86$3.66B$4.28B
2024-03-310.9$3.69B$4.09B
2023-12-310.92$3.71B$4.04B
2022-12-311.16$4.16B$3.6B
2022-09-301.27$4.17B$3.27B
2022-06-301.22$4.17B$3.42B
2022-03-311.22$4.23B$3.46B
2021-12-311.21$4.23B$3.51B
2021-09-301.2$4.29B$3.58B
2021-06-301.18$4.24B$3.6B
2021-03-311.29$4.71B$3.66B
2020-12-311.42$5.08B$3.58B
2020-09-301.45$5.08B$3.5B
2020-06-301.47$5.09B$3.45B
2020-03-311.48$7.09B$4.78B
2019-12-311.29$5.94B$4.59B
2019-09-301.34$6.31B$4.7B
2019-06-301.3$6.31B$4.85B
2019-03-311.22$6.3B$5.17B
2018-12-311.13$6.3B$5.57B
2018-09-301.18$6.32B$5.36B
2018-06-301.21$6.32B$5.2B
2018-03-311.2$6.31B$5.27B
2017-12-311.39$6.81B$4.91B
2017-09-301.14$6.8B$5.95B
2016-12-311.57$8.05B$5.12B
2015-12-310.73$8.79B$12.05B
2014-12-310.71$8.8B$12.31B
2013-12-310.78$8.26B$10.59B
2012-12-310.66$8.78B$13.2B
2011-12-310.66$9.09B$13.84B
2010-12-310.67$9.07B$13.61B
2009-12-310.78$9.64B$12.42B
2009-06-300.74$9.5B$12.82B
2008-12-310.73$8.57B$11.74B

Annual Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2025-12-310.61$3.24B$5.35B
2024-12-310.73$3.32B$4.55B
2023-12-310.97$3.91B$4.04B
2022-12-311.16$4.16B$3.6B
2021-12-311.21$4.24B$3.51B
2020-12-311.52$5.45B$3.58B
2019-12-311.52$6.97B$4.59B
2018-12-311.2$6.71B$5.57B
2017-12-311.39$6.81B$4.91B
2016-12-311.57$8.05B$5.12B
2015-12-310.73$8.79B$12.05B
2014-12-310.72$8.83B$12.31B
2013-12-310.84$8.92B$10.59B
2012-12-310.7$9.24B$13.2B
2011-12-310.69$9.53B$13.84B
2010-12-310.68$9.3B$13.61B
2009-12-310.83$10.31B$12.42B

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