Howmet Aerospace Inc. Interest Expense 2007-2024 | HWM
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Howmet Aerospace Inc.'s current interest expense?
Howmet Aerospace Inc. (HWM) annual interest expense for 2023 was $218.0M, a 4.80% decline from 2022. Howmet Aerospace Inc. interest expense for the quarter ending March 31, 2024 was $49.0M.
What was Howmet Aerospace Inc.'s interest expense in 2022?
Howmet Aerospace Inc. annual interest expense for 2022 was $229.0M, a 11.58% decline from 2021.
What was Howmet Aerospace Inc.'s interest expense in 2021?
Howmet Aerospace Inc. annual interest expense for 2021 was $259.0M, a 18.30% decline from 2020.
What is Howmet Aerospace Inc.'s 5-year interest expense CAGR?
Howmet Aerospace Inc. interest expense grew at a compound annual growth rate (CAGR) of 10.38% from FY2018 to FY2023, going from $377.0M to $218.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR-10.4%
FY2018
$377.0M
→
FY2023
$218.0M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $218.0M | -4.8% | 10-K |
| FY2022 | $229.0M | -11.6% | 10-K |
| FY2021 | $259.0M | -18.3% | 10-K |
| FY2020 | $317.0M | -6.2% | 10-K |
| FY2019 | $338.0M | -10.3% | 10-K |
| FY2018 | $377.0M | -24.0% | 10-K |
| FY2017 | $496.0M | -0.6% | 10-K |
| FY2016 | $499.0M | +5.5% | 10-K |
| FY2015 | $473.0M | +7.0% | 10-K |
| FY2014 | $442.0M | -2.4% | 10-K |
| FY2013 | $453.0M | -7.6% | 10-K |
| FY2012 | $490.0M | -6.5% | 10-K |
| FY2011 | $524.0M | +6.1% | 10-K |
| FY2010 | $494.0M | +5.1% | 10-K |
| FY2009 | $470.0M | +15.5% | 10-K |
| FY2008 | $407.0M | +1.5% | 10-K |
| FY2007 | $401.0M | - | 10-K |
Company: Howmet Aerospace Inc.Ticker: HWMSector: OtherIndustry: Rolling Drawing & Extruding of Nonferrous MetalsView company profile →