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Howmet Aerospace (HWM) operating margin by quarter

Howmet Aerospace's operating margin was 28.7% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026. Over the last 7 quarters it ranged from 22.6% (Q4 2025) to 32.6% (Q1 2026).

Howmet Aerospace operating margin by quarterHowmet Aerospace operating margin by quarter25.4%Q1 202525.4%Q2 202525.9%Q3 202522.6%Q4 202532.6%Q1 202627.9%Q2 202628.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202628.7%+0.8 pts+2.8 pts
Q2 202627.9%-4.6 pts+2.5 pts
Q1 202632.6%+10.0 pts+7.1 pts
Q4 202522.6%-3.4 pts—
Q3 202525.9%+0.6 pts—
Q2 202525.4%-0.1 pts—
Q1 202525.4%——

Q3 2026 at a glance

Howmet Aerospace, Q3 2026: revenue $2.7B (+29% year over year), operating margin 28.7%, net earnings $567M, operating cash flow $709M. The chart follows the revenue to costs, profit and cash.

Questions

What is Howmet Aerospace's operating margin?

Howmet Aerospace's operating margin was 28.7% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026.

How has Howmet Aerospace's operating margin changed?

Over the last 7 quarters it ranged from 22.6% (Q4 2025) to 32.6% (Q1 2026).

Q3 2026 results → · How Howmet Aerospace makes money →