Howmet Aerospace Inc. HWM SPX
Industrials · Aerospace & Defense · United States
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 seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.
READ MORE ›$258.25
+52.35% 1Y
Market & Price
Market Cap
$103.33B
Current Price
$258.25
High / Low (52W)
$273.58 / $168.24
Beta
1.19
Valuation
Stock P/E
59.92
Industry PE
28.38
Forward P/E
42.92
PEG Ratio
0.80
Book Value
$13.77
Price to Book
18.75
P/S
11.98
EV/EBITDA
41.29
Dividend Yield
0.19%
Profitability & Returns
ROCE
21.16%
ROE
33.82%
ROA
11.92%
Profit Margin
20.23%
Op Margin
28.19%
EPS (Latest Qtr)
$1.44
EPS (TTM)
$4.31
Balance Sheet & Liquidity
Debt/Equity
0.88
Quick Ratio
1.46
Current Ratio
2.44
Debt
$4.85B
Total Assets
$11.18B
Current Assets
$3.78B
Working Capital
$2.01B
Ownership
Promoter Holding
0.87%
Chg in Prom Hold
-
FII / Inst Holding
94.48%
Chg in FII Hold
0.02%
Financial Snapshot
Enterprise Value
$105.74B
Total Revenue (TTM)
$8.62B
EBITDA
$2.56B
Free Cash Flow
$1.19B
Operating Cash Flow
$2.08B
Shares Outstanding
400.11M
Gross Margin
35.05%
Payout Ratio
10.67%
Growth (CAGR)
Revenue 5Y
13.37%
Profit 5Y
47.60%
Revenue (YoY)
19.10%
Earnings (YoY)
71.40%
PROS
- Strong return on equity of 33.8%.
- Healthy ROCE of 21.2%.
- Excellent profit margin of 20.2%.
- Compounding revenue at 13.4% over 5 years.
- Profit CAGR of 47.6% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 59.9.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HWM Howmet Aerospace Inc. SPX | 258.25 | 59.92 | $103.33B | 0.19% | 21.16% | 33.82% | 13.37% | 47.60% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 3.19B | 3.26B | 3.24B | 3.27B | 3.44B | 3.57B | 3.52B | 3.47B | 1.75B | 1.82B | 1.79B | 1.73B | 1.63B | 1.25B | 1.13B | 1.24B | 1.21B | 1.20B | 1.28B | 1.32B | 1.39B | 1.43B | 1.60B | 1.65B | 1.66B | 1.82B | 1.88B | - | - | 1.94B | 2.05B | 2.09B | 2.17B | 2.31B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29B | 1.36B | 1.36B | 1.41B | 1.46B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 652.00M | 688.00M | 724.00M | 756.00M | 854.00M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 162.00M | 174.00M | 182.00M | 194.00M | 194.00M |
| Operating Income | - | - | - | 283.00M | 237.00M | - | 283.00M | 320.00M | 310.00M | - | 333.00M | 324.00M | 345.00M | - | 374.00M | -176.00M | 256.00M | - | 258.00M | 74.00M | 73.00M | - | 189.00M | 207.00M | 205.00M | 230.00M | 241.00M | 228.00M | 285.00M | 285.00M | 307.00M | 369.00M | 398.00M | - | - | 490.00M | 514.00M | 542.00M | 562.00M | 660.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 554.00M | 576.00M | 604.00M | 540.00M | 825.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.00M | 38.00M | 37.00M | 37.00M | 43.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 446.00M | 469.00M | 495.00M | 430.00M | 708.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 102.00M | 62.00M | 110.00M | 58.00M | 128.00M |
| Net Income | 44.00M | -701.00M | 16.00M | 135.00M | 166.00M | -1.26B | 322.00M | 212.00M | 119.00M | -727.00M | 143.00M | 120.00M | 161.00M | 218.00M | 187.00M | -121.00M | 95.00M | 309.00M | 215.00M | -96.00M | 36.00M | - | 80.00M | 74.00M | 27.00M | 131.00M | 147.00M | 80.00M | 148.00M | 193.00M | 188.00M | 243.00M | 266.00M | - | - | 344.00M | 407.00M | 385.00M | 372.00M | 580.00M |
| Diluted EPS | 0.06 | -1.64 | 0.00 | 0.27 | 0.33 | -2.91 | 0.65 | 0.43 | 0.22 | -1.51 | 0.29 | 0.24 | 0.32 | 0.44 | 0.39 | -0.27 | 0.21 | 0.70 | 0.49 | - | - | - | 0.18 | 0.17 | 0.06 | 0.31 | 0.35 | 0.19 | 0.35 | 0.46 | 0.45 | 0.59 | 0.65 | - | - | 0.84 | 1.00 | 0.95 | 0.92 | 1.44 |
| R&D Expense | 55.00M | - | 31.00M | 32.00M | 30.00M | - | 28.00M | 29.00M | 24.00M | - | 23.00M | 29.00M | 25.00M | - | 22.00M | 7.00M | 6.00M | - | 4.00M | 4.00M | 5.00M | - | 5.00M | 4.00M | 4.00M | 7.00M | 9.00M | 7.00M | 9.00M | 9.00M | 9.00M | 10.00M | 7.00M | 9.00M | - | 8.00M | 9.00M | 10.00M | - | 9.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 12.39B | 12.96B | 6.78B | 7.10B | 5.26B | - | 5.66B | 6.64B | 7.43B | 8.25B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.10B | 4.77B | 5.12B | 5.43B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.56B | 1.87B | 2.31B | 2.82B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 577.00M | 651.00M | 672.00M | 705.00M |
| Operating Income | - | - | - | - | - | - | - | - | 628.00M | 954.00M | 480.00M | 775.00M | 579.00M | 626.00M | - | 983.00M | 1.22B | 1.64B | 2.12B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10B | 1.47B | 1.84B | 2.27B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 229.00M | 218.00M | 182.00M | 151.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 606.00M | 975.00M | 1.38B | 1.84B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 137.00M | 210.00M | 228.00M | 332.00M |
| Net Income | 2.56B | -74.00M | -1.15B | 254.00M | 611.00M | 191.00M | -2.29B | 268.00M | -322.00M | -941.00M | -74.00M | 642.00M | 470.00M | 261.00M | - | 469.00M | 765.00M | 1.16B | 1.51B |
| Diluted EPS | 2.94 | -0.10 | -1.23 | 0.24 | 0.55 | 0.18 | -2.14 | 0.63 | -0.93 | -2.31 | -0.28 | 1.30 | 1.03 | - | - | 1.11 | 1.83 | 2.81 | 3.71 |
| R&D Expense | 238.00M | 246.00M | 169.00M | 174.00M | 184.00M | 197.00M | 192.00M | 123.00M | 169.00M | 130.00M | 109.00M | 41.00M | 28.00M | 17.00M | 17.00M | 32.00M | 36.00M | 33.00M | 37.00M |
Compounded Sales Growth
| 5 Years: | 13.37% |
| 1 Year: | 19.10% |
Compounded Profit Growth
| 5 Years: | 47.60% |
| 1 Year: | 71.40% |
Stock Price Performance
| 1 Year: | +52.35% |
| 6 Months: | +26.92% |
| 3 Months: | -1.59% |
| 1 Month: | +9.24% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Sep 2014 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 37.82B | 38.47B | 39.29B | 40.12B | 40.18B | 35.74B | - | 37.36B | 36.48B | 20.04B | 18.72B | 18.69B | 17.56B | 11.44B | - | 10.26B | 10.43B | 10.52B | 11.18B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.14B | 3.32B | 3.36B | 3.78B |
| Cash & Equivalents | 506.00M | 483.00M | 762.00M | 1.48B | 1.54B | 1.94B | 1.86B | 1.44B | - | 1.88B | 1.92B | 1.86B | 2.15B | 2.28B | 1.58B | 1.61B | - | 791.00M | 610.00M | 564.00M | 742.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.61B | 1.76B | 1.84B | 1.85B |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 506.00M | 675.00M | 689.00M | 779.00M |
| Total Liabilities | - | - | 23.49B | 22.91B | 22.21B | 22.93B | 23.66B | 22.22B | - | 22.57B | 22.35B | 14.90B | 13.79B | 13.11B | 12.96B | 7.87B | - | 6.65B | 6.39B | 5.96B | 5.83B |
| Current Liabilities | - | - | 7.28B | 5.41B | 5.25B | 6.01B | 5.94B | 6.11B | - | 5.46B | 5.21B | 2.75B | 2.82B | 3.52B | 4.12B | 1.66B | - | 1.48B | 1.78B | 1.55B | 1.77B |
| Long Term Debt | - | - | - | 8.97B | 8.84B | 8.64B | 8.31B | 7.61B | 1.25B | 8.77B | 8.79B | 8.04B | 6.81B | 5.90B | 4.91B | 4.70B | - | 4.16B | 3.50B | 3.31B | 2.86B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.28B | 3.83B | 3.47B | 3.21B |
| Total Equity | - | - | 11.73B | 12.42B | 13.61B | 13.84B | 13.20B | 10.59B | - | 12.31B | 12.05B | 5.12B | 4.91B | 5.57B | 4.59B | 3.58B | - | 3.60B | 4.04B | 4.55B | 5.35B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 412.16M | 409.91M | 405.43M | 401.62M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | 3.11B | 1.23B | 1.36B | 2.26B | 2.19B | 1.50B | 1.58B | 1.67B | 1.58B | 95.00M | -39.00M | 217.00M | 461.00M | 9.00M | - | 733.00M | 901.00M | 1.30B | 1.88B |
| Investing Cash Flow | - | -1.62B | -2.41B | -721.00M | -1.27B | -1.85B | -759.00M | -1.29B | - | - | 591.00M | 1.32B | 565.00M | 528.00M | 271.00M | - | -135.00M | -215.00M | -316.00M | -438.00M |
| Financing Cash Flow | - | -1.54B | 1.48B | 37.00M | -952.00M | 62.00M | -798.00M | -679.00M | - | - | -757.00M | -1.01B | -649.00M | -1.57B | -369.00M | - | -526.00M | -868.00M | -1.03B | -1.27B |
| Capital Expenditure | - | -3.61B | -3.41B | -1.62B | -1.01B | -1.29B | -1.26B | -1.19B | -1.22B | -1.18B | -1.12B | -596.00M | -768.00M | -641.00M | -267.00M | - | -193.00M | -219.00M | -321.00M | -453.00M |
| Free Cash Flow | - | -503.00M | -2.18B | -252.00M | 1.25B | 906.00M | 236.00M | 385.00M | 455.00M | 402.00M | -1.03B | -635.00M | -551.00M | -180.00M | -258.00M | - | 540.00M | 682.00M | 977.00M | 1.43B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72.00M | -182.00M | -44.00M | 177.00M |
| Share Buybacks | 217.00M | 2.50B | 1.08B | 0 | - | - | - | - | - | - | - | 0 | 0 | 1.15B | 73.00M | 430.00M | 400.00M | 250.00M | 500.00M | 700.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.5% | 28.1% | 31.1% | 34.2% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | 7.7% | 3.7% | 11.4% | 8.2% | 11.9% | - | 17.4% | 18.3% | 22.1% | 25.6% |
| Net Margin % | - | - | - | - | - | - | - | - | - | -7.6% | -0.6% | 9.5% | 6.6% | 5.0% | - | 8.3% | 11.5% | 15.5% | 18.3% |
| ROE % | - | -0.6% | -9.3% | 1.9% | 4.4% | 1.4% | -21.6% | 2.2% | -2.7% | -18.4% | -1.5% | 11.5% | 10.2% | 7.3% | - | 13.0% | 18.9% | 25.4% | 28.2% |
| ROCE % | - | - | - | - | - | - | - | - | 2.0% | 5.5% | 3.0% | 5.1% | 4.3% | 6.4% | - | 11.2% | 14.1% | 18.3% | 22.5% |
Shareholding Pattern
Insiders
0.87%
Institutions
94.48%
Public Float
95.31%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.99% | 47.96M | $12.39B |
| 2 | Vanguard Capital Management LLC | 6.51% | 26.06M | $6.73B |
| 3 | JPMORGAN CHASE & CO | 5.25% | 20.99M | $5.42B |
| 4 | Vanguard Portfolio Management LLC | 4.63% | 18.54M | $4.79B |
| 5 | State Street Corporation | 4.58% | 18.32M | $4.73B |
| 6 | FMR, LLC | 3.94% | 15.78M | $4.07B |
| 7 | Price (T.Rowe) Associates Inc | 3.86% | 15.43M | $3.98B |
| 8 | Geode Capital Management, LLC | 2.89% | 11.58M | $2.99B |
| 9 | Bank of America Corporation | 2.68% | 10.73M | $2.77B |
| 10 | Janus Henderson Group PLC | 1.94% | 7.76M | $2.00B |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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