Capital Expenditures for Howmet Aerospace (HWM)
According to Howmet Aerospace's latest reported financial statements, the company's current capital expenditures (TTM) is $674.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$674.00M
YoY change
+41.1%
5Y CAGR
+11.2%
Peak year (2014)
$1.22B
Cumulative capital expenditures
$7.13B
CapEx history chart for Howmet Aerospace (HWM) from 2014 to 2025
CapEx history table for Howmet Aerospace (HWM) from 2014 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $453.00M | +41.1% | ||
| 2024 | $321.00M | +46.6% | ||
| 2023 | $219.00M | +13.5% | ||
| 2022 | $193.00M | -3.0% | ||
| 2021 | $199.00M | -25.5% | ||
| 2020 | $267.00M | -54.4% | ||
| 2019 | $586.00M | -23.7% | ||
| 2018 | $768.00M | +28.9% | ||
| 2017 | $596.00M | -47.0% | ||
| 2016 | $1.13B | -4.7% | ||
| 2015 | $1.18B | -3.2% | ||
| 2014 | $1.22B | — |
CapEx values are taken from Howmet Aerospace's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Howmet Aerospace (HWM) capital expenditures is $453.00M – surged 41.1% year-over-year.
Howmet Aerospace capital expenditures has grown for 3 consecutive years, with a +11.2% compound annual growth rate over 2020–2025 (5 years).
Howmet Aerospace capital expenditures peaked at $1.22B in 2014; the latest annual figure is $453.00M in 2025 (62.8% below peak).
The highest annual capital expenditures of $1.22B was reported in 2014. The lowest in the available history was $193.00M in 2022.
Among 8 Industrials peers, Howmet Aerospace (HWM) ranks 8th; the peer median for capital expenditures is $2.05B.
Howmet Aerospace Capital Expenditures by Year
Howmet Aerospace Capital Expenditures 2025: $453.00M
Howmet Aerospace capital expenditures in 2025 was $453.00M, surged 41.1% from 2024.
Howmet Aerospace Capital Expenditures 2024: $321.00M
Howmet Aerospace capital expenditures in 2024 was $321.00M, surged 46.6% from 2023.
Howmet Aerospace Capital Expenditures 2023: $219.00M
Howmet Aerospace capital expenditures in 2023 was $219.00M, grew 13.5% from 2022.
Howmet Aerospace Capital Expenditures 2022: $193.00M
Howmet Aerospace capital expenditures in 2022 was $193.00M, edged down 3.0% below 2021. This figure represents the lowest annual value in the available history.
Howmet Aerospace Capital Expenditures 2021: $199.00M
Howmet Aerospace capital expenditures in 2021 was $199.00M.
See more financial history for Howmet Aerospace (HWM).
Sector peers — CapEx
Companies in the same sector as Howmet Aerospace, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is Howmet Aerospace's capital expenditures?
- Latest reported capital expenditures for Howmet Aerospace (HWM) is $674.00M (period ending December 31, 2025).
How has Howmet Aerospace capital expenditures changed year-over-year?
- Howmet Aerospace (HWM) capital expenditures changed +41.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Howmet Aerospace capital expenditures?
- Howmet Aerospace (HWM) capital expenditures compound annual growth rate is +11.2% over the most recent 5 years available.
When did Howmet Aerospace capital expenditures hit its highest annual value?
- Howmet Aerospace capital expenditures reached its highest annual value of $1.22B in 2014.
What was Howmet Aerospace capital expenditures in 2024?
- Howmet Aerospace (HWM) capital expenditures in 2024 was $321.00M.
What was Howmet Aerospace capital expenditures in 2025?
- Howmet Aerospace (HWM) capital expenditures in 2025 was $453.00M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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