Howmet Aerospace Inc (HWM) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.82x

Howmet Aerospace Inc (HWM) has a Cash Flow Reinvestment Rate of 0.82x as of September 2025, reinvesting $433.00 Million (capex $329.00 Million plus investments $-104.00 Million) from operating cash flow of $531.00 Million. Check Howmet Aerospace Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.82x
(Capex + Investments) / Operating CF

Total Reinvested

$433.00 Million
Capex + Investments

Operating Cash Flow

$531.00 Million
USD

Capital Expenditures

$329.00 Million
USD

Howmet Aerospace Inc Cash Flow Reinvestment Rate (2010–2024)

Historical reinvestment intensity for Howmet Aerospace Inc across 15 annual periods. Explore HWM long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Howmet Aerospace Inc (2010–2024)

Year-by-year capital reinvestment analysis for Howmet Aerospace Inc. For live market cap and broader valuation context, see Howmet Aerospace Inc (HWM) total market value.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.49x $637.00 Million $1.30 Billion $321.00 Million ▲ +7.6%
2023 0.46x $411.00 Million $901.00 Million $219.00 Million ▲ +1.9%
2022 0.45x $328.00 Million $733.00 Million $193.00 Million ▼ -34.3%
2021 0.68x $306.00 Million $449.00 Million $199.00 Million ▼ -99.1%
2020 76.56x $689.00 Million $9.00 Million $267.00 Million ▲ +1779.2%
2019 4.07x $1.65 Billion $406.00 Million $586.00 Million ▼ -50.7%
2018 8.26x $1.79 Billion $217.00 Million $768.00 Million ▲ +290.3%
2017 2.12x $1.48 Billion $701.00 Million $596.00 Million ▲ +36.6%
2016 1.55x $1.35 Billion $873.00 Million $1.12 Billion ▲ +92.5%
2015 0.81x $1.27 Billion $1.58 Billion $1.18 Billion ▼ -0.7%
2014 0.81x $1.36 Billion $1.67 Billion $1.22 Billion ▼ -13.2%
2013 0.93x $1.47 Billion $1.58 Billion $1.18 Billion ▼ -8.7%
2012 1.02x $1.53 Billion $1.50 Billion $1.26 Billion ▲ +74.2%
2011 0.59x $1.29 Billion $2.19 Billion $1.29 Billion ▲ +30.7%
2010 0.45x $1.01 Billion $2.26 Billion $1.01 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow