Howmet Aerospace/$HWM
1D1W1MYTD1Y5YMAX
Capital at risk
About Howmet Aerospace
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. The company's products and solutions include investment castings for jet engines and industrial gas turbines; seamless rolled rings for jet engines; fastening systems for aerospace, industrial and commercial transportation applications; forged jet engine components (e.g., jet engine disks); machined and forged aircraft parts; and forged aluminum commercial vehicle wheels, all of which are sold directly to customers or through distributors. It has four reportable segments: Engine Products, which derives key revenue, Fastening Systems, Engineered Structures, and Forged Wheels. Geographically, the company derives maximum revenue from the USA, followed by France, Japan, Germany, and other markets.
- Ticker
- $HWM
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 25,430
- Headquarters
- Pittsburgh, United States
- Website
- www.howmet.com
Howmet Aerospace Metrics
BasicAdvanced
$92B
49.93
$4.64
1.21
$0.50
0.24%
Price and volume
Market cap
$92B
Beta
1.21
52-week high
$310.00
52-week low
$176.32
Average daily volume
2.9M
Dividend rate
$0.50
Financial strength
Current ratio
1.818
Quick ratio
0.695
Long term debt to equity
72.697
Total debt to equity
81.368
Dividend payout ratio (TTM)
10.42%
Interest coverage (TTM)
14.83%
Profitability
EBITDA (TTM)
2,794
Gross margin (TTM)
36.03%
Net profit margin (TTM)
20.52%
Operating margin (TTM)
27.32%
Effective tax rate (TTM)
18.01%
Revenue per employee (TTM)
$360,000
Management effectiveness
Return on assets (TTM)
12.82%
Return on equity (TTM)
34.73%
Valuation
Price to earnings (TTM)
49.934
Price to revenue (TTM)
10.209
Price to book
16.16
Price to tangible book (TTM)
-419.06
Price to free cash flow (TTM)
51.968
Free cash flow yield (TTM)
1.92%
Free cash flow per share (TTM)
4.455
Dividend yield (TTM)
0.22%
Forward dividend yield
0.24%
Growth
Revenue change (TTM)
18.08%
Earnings per share change (TTM)
35.64%
3-year revenue growth (CAGR)
13.73%
3-year earnings per share growth (CAGR)
54.49%
3-year dividend per share growth (CAGR)
50.79%
What the Analysts think about Howmet Aerospace
Analyst ratings (Buy, Hold, Sell) for Howmet Aerospace stock.
Analyst projections of the future price of Howmet Aerospace stock.
Bulls say / Bears say
Howmet delivered strong Q2 2026 momentum, with revenue up 24% year over year, organic growth of 21%, adjusted EBITDA margin expansion to 32.1%, and adjusted EPS of $1.33, while raising full-year guidance. (Howmet Aerospace)
Demand across key end markets is accelerating: Q2 commercial aerospace revenue grew 28%, defense aerospace grew 11%, and gas-turbine revenue grew 38%. These trends support Howmet’s high-value Engine Products and fastening businesses, which are benefiting from aircraft production, engine spares, and power-generation demand. (Howmet Aerospace)
Cash generation is supporting shareholder returns and investment: Q2 free cash flow was $479 million, Howmet repurchased $800 million of stock through July 2026, and the quarterly dividend was increased 17% to $0.14 per share. The company also retained approximately $697 million of remaining repurchase authorization as of August 6. (Howmet Aerospace)
Customer concentration is meaningful: GE Aerospace and RTX represented approximately 14% and 10% of six-month 2026 sales, respectively, with much of that exposure in Engine Products. This leaves results sensitive to program, production-rate, and procurement decisions by a small number of major customers. (SEC)
Commercial transportation remains a weak spot: Howmet cited lower volumes in that market, while Engineered Structures sales fell 13% year over year in Q2 2026 and 8% for the first half. Continued softness could offset strength in commercial aerospace, defense, and gas turbines. (SEC)
The CAM acquisition adds execution and balance-sheet risk: Howmet completed the approximately $1.8 billion purchase in April, issued $1.2 billion of notes in March, and reported a 34% year-over-year increase in Q2 net interest expense alongside a 66% rise in SG&A. Integration costs and higher financing expense could limit free-cash-flow conversion if synergies lag. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Howmet Aerospace Financial Performance
Revenues and expenses
Howmet Aerospace Earnings Performance
Company profitability
Upcoming events
No upcoming events
Howmet Aerospace News
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Funds containing Howmet Aerospace
AllEURGBPUSD
Fund name | Fund size | $HWM weighting |
|---|---|---|
iShares Global Aerospace & Defence€DFND | €1.6B | 4.76% |
iShares Global Aerospace & Defence£DFND | £1.4B | 4.76% |
iShares S&P 500 Industrials Sector€2B7C | €673M | 2.02% |
iShares S&P 500 Industrials Sector£IISU | £578M | 2.02% |
SPDR MSCI World Industrials€WIND | €217M | 1.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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