Howmet Aerospace Inc (HWM) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.18x

Howmet Aerospace Inc (HWM) has a Cash Flow Reinvestment Rate of 0.18x as of June 2026, reinvesting $104.00 Million (capex $104.00 Million ) from operating cash flow of $583.00 Million. See how much free cash does Howmet Aerospace Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.18x
(Capex + Investments) / Operating CF

Total Reinvested

$104.00 Million
Capex + Investments

Operating Cash Flow

$583.00 Million
USD

Capital Expenditures

$104.00 Million
USD

Howmet Aerospace Inc Cash Flow Reinvestment Rate (2010–2025)

Historical reinvestment intensity for Howmet Aerospace Inc across 16 annual periods. For the full cash flow conversion analysis, see HWM cash flow metrics.

Annual Cash Flow Reinvestment Rate for Howmet Aerospace Inc (2010–2025)

Year-by-year capital reinvestment analysis for Howmet Aerospace Inc. See Howmet Aerospace Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.24x $459.00 Million $1.88 Billion $453.00 Million ▼ -50.4%
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