Howmet Aerospace Inc (HWM) - Total Assets
Based on the latest financial reports, Howmet Aerospace Inc (HWM) holds total assets worth $11.18 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Howmet Aerospace Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Howmet Aerospace Inc - Total Assets Trend (2002–2024)
This chart illustrates how Howmet Aerospace Inc's total assets have evolved over time, based on quarterly financial data. Explore Howmet Aerospace Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Howmet Aerospace Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Howmet Aerospace Inc's total assets of $11.18 Billion consist of 32.0% current assets and 68.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $564.00 Million | 5.4% |
| Accounts Receivable | $709.00 Million | 6.7% |
| Inventory | $1.84 Billion | 17.5% |
| Property, Plant & Equipment | $2.54 Billion | 24.2% |
| Intangible Assets | $475.00 Million | 4.5% |
| Goodwill | $4.01 Billion | 38.1% |
Asset Composition Trend (2002–2024)
This chart illustrates how Howmet Aerospace Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Howmet Aerospace Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Howmet Aerospace Inc's current assets represent 32.0% of total assets in 2024, an increase from 21.2% in 2002.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, up from 1.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 21.0% in 2002.
- Asset Diversification: The largest asset category is goodwill at 38.1% of total assets.
Howmet Aerospace Inc Competitors by Total Assets
Key competitors of Howmet Aerospace Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LIG Nex1 Co Ltd
KO:079550
|
Korea | ₩7.36 Trillion |
|
Embraer S.A
F:EMY
|
Germany | €12.92 Billion |
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Avic Shenyang Aircraft Co Ltd
SHG:600760
|
China | CN¥73.17 Billion |
|
Bombardier Inc Series B
TO:BBD-B
|
Canada | CA$13.75 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Archer Aviation Inc
NYSE:ACHR
|
USA | $2.32 Billion |
|
Beijing Andawell Science & Technology Co Ltd Class A
SHE:300719
|
China | CN¥1.77 Billion |
Howmet Aerospace Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.35 | 2.24 | 2.21 |
| Quick Ratio | 1.14 | 0.98 | 1.32 |
| Cash Ratio | 0.00 | 0.31 | 0.00 |
| Working Capital | $2.20 Billion | $1.87 Billion | $2.01 Billion |
Howmet Aerospace Inc - Advanced Valuation Insights
This section examines the relationship between Howmet Aerospace Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 16.22 |
| Latest Market Cap to Assets Ratio | 7.70 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | $10.52 Billion |
| Market Capitalization | $81.02 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Howmet Aerospace Inc's assets at a significant premium (7.70x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Howmet Aerospace Inc's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Howmet Aerospace Inc (2002–2024)
The table below shows the annual total assets of Howmet Aerospace Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.52 Billion | +0.87% |
| 2023-12-31 | $10.43 Billion | +1.69% |
| 2022-12-31 | $10.26 Billion | +0.35% |
| 2021-12-31 | $10.22 Billion | -10.72% |
| 2020-12-31 | $11.45 Billion | -34.88% |
| 2019-12-31 | $17.58 Billion | -5.96% |
| 2018-12-31 | $18.69 Billion | -0.13% |
| 2017-12-31 | $18.72 Billion | -6.60% |
| 2016-12-31 | $20.04 Billion | -45.06% |
| 2015-12-31 | $36.48 Billion | -2.47% |
| 2014-12-31 | $37.40 Billion | +260.16% |
| 2013-12-31 | $10.38 Billion | -19.32% |
| 2012-12-31 | $12.87 Billion | -67.92% |
| 2011-12-31 | $40.12 Billion | +2.10% |
| 2010-12-31 | $39.29 Billion | +225.46% |
| 2009-12-31 | $12.07 Billion | -8.06% |
| 2008-12-31 | $13.13 Billion | +1.85% |
| 2007-12-31 | $12.89 Billion | -15.87% |
| 2006-12-31 | $15.32 Billion | +1.89% |
| 2005-12-31 | $15.04 Billion | +7.16% |
| 2004-12-31 | $14.03 Billion | -55.74% |
| 2003-12-31 | $31.71 Billion | +6.38% |
| 2002-12-31 | $29.81 Billion | -- |
About Howmet Aerospace Inc
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seam… Read more