Howmet Aerospace Inc (HWM) — Capital Reinvestment Ratio
Latest as of September 2025:
0.62x
Howmet Aerospace Inc (HWM) has a Capital Reinvestment Ratio of 0.62x as of September 2025, meaning it reinvests 1% of its operating cash flow ($531.00 Million) in capital expenditures ($329.00 Million). See how much free cash does Howmet Aerospace Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.62x
Capex / Operating Cash Flow
Operating Cash Flow
$531.00 Million
USD
Capital Expenditures
$329.00 Million
USD
Data as of
Sep 2025
Most recent filing
Howmet Aerospace Inc Capital Reinvestment Ratio (2010–2024)
This chart tracks Howmet Aerospace Inc's Capital Reinvestment Ratio across 15 annual periods.
Annual Capital Reinvestment Ratio for Howmet Aerospace Inc (2010–2024)
Year-by-year Capital Reinvestment Ratio for Howmet Aerospace Inc from 2010 to 2024. For live market cap and broader valuation context, see HWM stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow