Company / Interest Expense
Howmet Aerospace Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$218.0M
FY2023
5-year range
$218.0M / $338.0M
FY2019-FY2023
Trend
-31.2%
vs FY2022
Sector context
#16 of 113
Industrials
What the data says
Howmet Aerospace's interest expense of $218M is higher than 86% of companies in the Industrials sector (FY2023). Interest Expense has declined for 3 consecutive years, from $377M in FY2020 to $218M in FY2023.
Based on SEC 10-K filings.
$218M in FY2023 with a 5-year CAGR of -15.3%. Top quartile in the Industrials sector.
Improved from $338M to $218M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -16.7%
- 5-Year CAGR
- -15.3%
- 10-Year CAGR
- -
Sector benchmark
+108.5% above sector average
Key checks
Key Insights
- Howmet Aerospace's interest expense has declined for 3 consecutive years.
- 5-year CAGR of -15.3%, indicating a declining trend.
- In FY2023, interest expense decreased 31.2% year-over-year.
- Ranks #16 out of 113 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 28.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $218.0M | -31.2% |
| FY2022 | $317.0M | -6.2% |
| FY2021 | $338.0M | -10.3% |
| FY2020 | $377.0M | +11.5% |
| FY2019 | $338.0M | -32.3% |
| FY2018 | $499.0M | +5.5% |
| FY2017 | $473.0M | -5.2% |
| FY2016 | $499.0M | +5.5% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026