Howmet Aerospace Inc (HWM) — Capital Reinvestment Ratio
Latest as of March 2026:
0.21x
Howmet Aerospace Inc (HWM) has a Capital Reinvestment Ratio of 0.21x as of March 2026, meaning it reinvests 0% of its operating cash flow ($453.00 Million) in capital expenditures ($94.00 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
0.21x
Capex / Operating Cash Flow
Operating Cash Flow
$453.00 Million
USD
Capital Expenditures
$94.00 Million
USD
Data as of
Mar 2026
Most recent filing
Howmet Aerospace Inc Capital Reinvestment Ratio (2010–2025)
This chart tracks Howmet Aerospace Inc's Capital Reinvestment Ratio across 16 annual periods.
Annual Capital Reinvestment Ratio for Howmet Aerospace Inc (2010–2025)
Year-by-year Capital Reinvestment Ratio for Howmet Aerospace Inc from 2010 to 2025. For live market cap and broader valuation context, see HWM stock market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow