HOWMET AEROSPACE INC. (HWM) Spending and interest coverage
- R&D / revenue · 12 months: Value 0.41%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 0.41% | Research and development expense / revenue. Period ending 2026-06-30. $37.00M ÷ $9.12B × 100 ≈ 0.41% |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 37.00M USD | Research and Development Expense |
| Revenue | 9.12B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | (m) | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 2.50B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $37.00M | $9.12B | (m) | $2.50B | (m) | 0.41% | (m) | (m) | (m) |
| 2026-03-31 | $38.00M | $8.62B | (m) | $2.31B | (m) | 0.44% | (m) | (m) | (m) |
| 2025-12-31 | $37.00M | $8.25B | $73.00M | $2.05B | (m) | 0.45% | 0.88% | (m) | (m) |
| 2025-09-30 | $34.00M | $7.97B | (m) | $2.00B | (m) | 0.43% | (m) | (m) | (m) |
| 2025-06-30 | $33.00M | $7.72B | (m) | $1.88B | (m) | 0.43% | (m) | (m) | (m) |
| 2025-03-31 | $31.00M | $7.55B | (m) | $1.76B | (m) | 0.41% | (m) | (m) | (m) |
| 2024-12-31 | $33.00M | $7.43B | $63.00M | $1.63B | (m) | 0.44% | 0.85% | (m) | (m) |
| 2024-09-30 | $35.00M | $7.27B | (m) | $1.51B | (m) | 0.48% | (m) | (m) | (m) |
| 2024-06-30 | $35.00M | $7.09B | (m) | $1.40B | (m) | 0.49% | (m) | (m) | (m) |
| 2024-03-31 | $37.00M | $6.86B | (m) | $1.29B | $210.00M | 0.54% | (m) | 6.13× | Reported |
| 2023-12-31 | $36.00M | $6.64B | $50.00M | $1.20B | $218.00M | 0.54% | 0.75% | 5.52× | Reported |
| 2023-09-30 | $36.00M | $6.42B | $50.00M | $1.10B | $223.00M | 0.56% | 0.78% | 4.92× | Reported |
| 2023-06-30 | $34.00M | $6.20B | $51.00M | $1.02B | $226.00M | 0.55% | 0.82% | 4.50× | Reported |
| 2023-03-31 | $34.00M | $5.94B | (m) | $974.00M | $228.00M | 0.57% | (m) | 4.27× | Reported |
| 2022-12-31 | $32.00M | $5.66B | $54.00M | $919.00M | $229.00M | 0.57% | 0.95% | 4.01× | Reported |
| 2022-09-30 | $27.00M | $5.43B | (m) | $846.00M | $230.00M | 0.50% | (m) | 3.68× | Reported |
| 2022-06-30 | $24.00M | $5.29B | (m) | $823.00M | $236.00M | 0.45% | (m) | 3.49× | Reported |
| 2022-03-31 | $19.00M | $5.09B | (m) | $789.00M | $245.00M | 0.37% | (m) | 3.22× | Reported |
| 2021-12-31 | $17.00M | $4.97B | $40.00M | $748.00M | $259.00M | 0.34% | 0.80% | 2.89× | Reported |
| 2021-09-30 | $17.00M | $4.92B | (m) | $822.00M | $341.00M | 0.35% | (m) | 2.41× | Reported |
| 2021-06-30 | $18.00M | $4.78B | (m) | $690.00M | $314.00M | 0.38% | (m) | 2.20× | Reported |
| 2021-03-31 | $18.00M | $4.83B | (m) | $557.00M | $369.00M | 0.37% | (m) | 1.51× | Reported |
| 2020-12-31 | $17.00M | $5.26B | $46.00M | $626.00M | $381.00M | 0.32% | 0.87% | 1.64× | Reported |
| 2020-09-30 | $61.00M | $12.85B | (m) | $1.15B | $387.00M | 0.47% | (m) | 2.96× | Reported |
| 2020-06-30 | $62.00M | $13.51B | (m) | $1.33B | $395.00M | 0.46% | (m) | 3.36× | Reported |
| 2020-03-31 | $63.00M | $13.86B | (m) | $1.06B | $344.00M | 0.45% | (m) | 3.08× | Reported |
| 2019-12-31 | $70.00M | $14.19B | $78.00M | $1.03B | $338.00M | 0.49% | 0.55% | 3.06× | Reported |
| 2019-09-30 | $81.00M | $14.25B | (m) | $942.00M | $343.00M | 0.57% | (m) | 2.75× | Reported |
| 2019-06-30 | $90.00M | $14.19B | (m) | $961.00M | $345.00M | 0.63% | (m) | 2.79× | Reported |
| 2019-03-31 | $102.00M | $14.11B | (m) | $1.37B | $349.00M | 0.72% | (m) | 3.91× | Reported |
| 2018-12-31 | $103.00M | $14.01B | $50.00M | $1.32B | $378.00M | 0.73% | 0.36% | 3.51× | Reported |
| 2018-09-30 | $107.00M | (m) | (m) | $415.00M | $389.00M | (m) | (m) | 1.07× | Reported |
| 2018-06-30 | $106.00M | (m) | (m) | $380.00M | $401.00M | (m) | (m) | 0.95× | Reported |
| 2018-03-31 | $106.00M | (m) | (m) | $376.00M | $495.00M | (m) | (m) | 0.76× | Reported |
| 2017-12-31 | $111.00M | (m) | $54.00M | $326.00M | $496.00M | (m) | (m) | 0.66× | Reported |
| 2017-09-30 | $122.00M | (m) | $72.00M | (m) | $526.00M | (m) | (m) | (m) | Reported |
| 2017-06-30 | $127.00M | (m) | $79.00M | (m) | $552.00M | (m) | (m) | (m) | Reported |
| 2017-06-19 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | $129.00M | (m) | $88.00M | (m) | $493.00M | (m) | (m) | (m) | Reported |
| 2016-12-31 | $132.00M | (m) | $86.00M | (m) | $499.00M | (m) | (m) | (m) | Reported |
| 2016-09-30 | $179.00M | (m) | $87.00M | (m) | $518.00M | (m) | (m) | (m) | Reported |
| 2016-06-30 | $196.00M | (m) | $92.00M | (m) | $508.00M | (m) | (m) | (m) | Reported |
| 2016-03-31 | $225.00M | (m) | $92.00M | (m) | $503.00M | (m) | (m) | (m) | Reported |
| 2015-12-31 | $238.00M | (m) | $92.00M | (m) | $498.00M | (m) | (m) | (m) | Reported |
| 2015-09-30 | $238.00M | (m) | $94.00M | (m) | $491.00M | (m) | (m) | (m) | Reported |
| 2015-06-30 | $240.00M | (m) | $93.00M | (m) | $494.00M | (m) | (m) | (m) | Reported |
| 2015-03-31 | $222.00M | (m) | $88.00M | (m) | $475.00M | (m) | (m) | (m) | Reported |
| 2014-12-31 | $218.00M | (m) | $87.00M | (m) | $473.00M | (m) | (m) | (m) | Reported |
| 2014-09-30 | $215.00M | (m) | $83.00M | (m) | $463.00M | (m) | (m) | (m) | Reported |
| 2014-06-30 | $202.00M | (m) | $74.00M | (m) | $445.00M | (m) | (m) | (m) | Reported |
| 2014-03-31 | $198.00M | (m) | $73.00M | (m) | $458.00M | (m) | (m) | (m) | Reported |
| 2013-12-31 | $192.00M | (m) | $71.00M | (m) | $453.00M | (m) | (m) | (m) | Reported |
| 2013-09-30 | $191.00M | (m) | $72.00M | (m) | $461.00M | (m) | (m) | (m) | Reported |
| 2013-06-30 | $198.00M | (m) | $74.00M | (m) | $477.00M | (m) | (m) | (m) | Reported |
| 2013-03-31 | $199.00M | (m) | $71.00M | (m) | $482.00M | (m) | (m) | (m) | Reported |
| 2012-12-31 | $197.00M | (m) | $67.00M | (m) | $490.00M | (m) | (m) | (m) | Reported |
| 2012-09-30 | $189.00M | (m) | $67.00M | (m) | $495.00M | (m) | (m) | (m) | Reported |
| 2012-06-30 | $185.00M | (m) | $77.00M | (m) | $496.00M | (m) | (m) | (m) | Reported |
| 2012-03-31 | $184.00M | (m) | $79.00M | (m) | $536.00M | (m) | (m) | (m) | Reported |
| 2011-12-31 | $184.00M | (m) | $83.00M | (m) | $524.00M | (m) | (m) | (m) | Reported |
| 2011-09-30 | $186.00M | (m) | $84.00M | (m) | $517.00M | (m) | (m) | (m) | Reported |
| 2011-06-30 | $179.00M | (m) | $79.00M | (m) | $531.00M | (m) | (m) | (m) | Reported |
| 2011-03-31 | $178.00M | (m) | $82.00M | (m) | $487.00M | (m) | (m) | (m) | Reported |
| 2010-12-31 | $174.00M | (m) | $84.00M | (m) | $494.00M | (m) | (m) | (m) | Reported |
| 2010-09-30 | $175.00M | (m) | $88.00M | (m) | $497.00M | (m) | (m) | (m) | Reported |
| 2010-06-30 | $174.00M | (m) | $84.00M | (m) | $478.00M | (m) | (m) | (m) | Reported |
| 2010-03-31 | $167.00M | (m) | $86.00M | (m) | $474.00M | (m) | (m) | (m) | Reported |
| 2009-12-31 | $169.00M | (m) | $87.00M | (m) | $470.00M | (m) | (m) | (m) | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $246.00M | (m) | $94.00M | (m) | $407.00M | (m) | (m) | (m) | Reported |
| 2008-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2007-12-31 | $238.00M | (m) | $97.00M | (m) | $401.00M | (m) | (m) | (m) | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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