Howmet Aerospace Inc (HWM) — Financial Flexibility Index
Howmet Aerospace Inc (HWM) has a Financial Flexibility Index of 0.07x as of March 2026. Free cash flow of $547.00 Million (operating CF $453.00 Million minus capex $94.00 Million) represents 0% of total liabilities ($7.54 Billion). Check Howmet Aerospace Inc (HWM) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Howmet Aerospace Inc Financial Flexibility Index (2010–2025)
Historical Financial Flexibility Index trend for Howmet Aerospace Inc across 16 annual periods. For the full cash flow conversion analysis, see HWM cash generation efficiency.
Annual Financial Flexibility Index for Howmet Aerospace Inc (2010–2025)
Year-by-year free cash flow to debt coverage for Howmet Aerospace Inc. Explore how well can Howmet Aerospace Inc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | $2.34 Billion | $1.88 Billion | $5.83 Billion | ▲ +47.8% |
| 2024 | 0.27x | $1.62 Billion | $1.30 Billion | $5.96 Billion | ▲ +54.9% |
| 2023 | 0.18x | $1.12 Billion | $901.00 Million | $6.39 Billion | ▲ +25.9% |
| 2022 | 0.14x | $926.00 Million | $733.00 Million | $6.65 Billion | ▲ +44.1% |
| 2021 | 0.10x | $648.00 Million | $449.00 Million | $6.71 Billion | ▲ +175.2% |
| 2020 | 0.04x | $276.00 Million | $9.00 Million | $7.87 Billion | ▼ -54.2% |
| 2019 | 0.08x | $992.00 Million | $406.00 Million | $12.96 Billion | ▲ +1.9% |
| 2018 | 0.08x | $985.00 Million | $217.00 Million | $13.11 Billion | ▼ -20.1% |
| 2017 | 0.09x | $1.30 Billion | $701.00 Million | $13.79 Billion | ▼ -30.0% |
| 2016 | 0.13x | $2.00 Billion | $873.00 Million | $14.88 Billion | ▲ +8.6% |
| 2015 | 0.12x | $2.76 Billion | $1.58 Billion | $22.35 Billion | ▲ +7.2% |
| 2014 | 0.12x | $2.89 Billion | $1.67 Billion | $25.09 Billion | ▼ -7.1% |
| 2013 | 0.12x | $2.76 Billion | $1.58 Billion | $22.22 Billion | ▲ +6.5% |
| 2012 | 0.12x | $2.76 Billion | $1.50 Billion | $23.66 Billion | ▼ -12.0% |
| 2011 | 0.13x | $3.48 Billion | $2.19 Billion | $26.28 Billion | ▲ +3.8% |
| 2010 | 0.13x | $3.28 Billion | $2.26 Billion | $25.68 Billion | — |