Howmet Aerospace Inc (HWM) — Capital Reinvestment Ratio
Howmet Aerospace Inc (HWM) has a Capital Reinvestment Ratio of 0.18x as of June 2026, meaning it reinvests 0% of its operating cash flow ($583.00 Million) in capital expenditures ($104.00 Million). Check HWM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Howmet Aerospace Inc Capital Reinvestment Ratio (2010–2025)
This chart tracks Howmet Aerospace Inc's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see HWM cash flow conversion.
Annual Capital Reinvestment Ratio for Howmet Aerospace Inc (2010–2025)
Year-by-year Capital Reinvestment Ratio for Howmet Aerospace Inc from 2010 to 2025. See Howmet Aerospace Inc (HWM) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | $1.88 Billion | $453.00 Million | ▼ -2.8% |
| 2024 | 0.25x | $1.30 Billion | $321.00 Million | ▲ +1.7% |
| 2023 | 0.24x | $901.00 Million | $219.00 Million | ▼ -7.7% |
| 2022 | 0.26x | $733.00 Million | $193.00 Million | ▼ -40.6% |
| 2021 | 0.44x | $449.00 Million | $199.00 Million | ▼ -98.5% |
| 2020 | 29.67x | $9.00 Million | $267.00 Million | ▲ +1955.4% |
| 2019 | 1.44x | $406.00 Million | $586.00 Million | ▼ -59.2% |
| 2018 | 3.54x | $217.00 Million | $768.00 Million | ▲ +316.3% |
| 2017 | 0.85x | $701.00 Million | $596.00 Million | ▼ -34.0% |
| 2016 | 1.29x | $873.00 Million | $1.12 Billion | ▲ +72.8% |
| 2015 | 0.75x | $1.58 Billion | $1.18 Billion | ▲ +2.4% |
| 2014 | 0.73x | $1.67 Billion | $1.22 Billion | ▼ -2.6% |
| 2013 | 0.75x | $1.58 Billion | $1.18 Billion | ▼ -11.2% |
| 2012 | 0.84x | $1.50 Billion | $1.26 Billion | ▲ +43.5% |
| 2011 | 0.59x | $2.19 Billion | $1.29 Billion | ▲ +30.7% |
| 2010 | 0.45x | $2.26 Billion | $1.01 Billion | — |