Stock Analysis
Howmet Aerospace Inc.HWM
P/E 47.10×· 5Y range 28.08–74.23×· 58th percentile of history
Sector: Industrials · Industry: Rolling Drawing & Extruding Of Nonferrous Metals
AnalystsStrong Buy28 analystsP/E 47.1× sits at the 58th percentile of its 5.086926762491444-year history.
Cash covers 26% of debt · FY 2025.
PMP Verdict
High quality, fairly valued
Strengths
- Profitability100
- Quality92
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 11.3 — safe-zone balance sheet
- ✓ROE 35.0% — efficient capital deployment
- ✓Revenue CAGR 13.5% — durable top-line growth
What's happening with HWM
Profile
Strong profitability, earnings quality, growth and financial health; moat and valuation lag behind.
How is each axis scored?
- Valuation34/100 · Weak
- P/E vs own history (58th pct)12/25
- FCF yield (2.0%)5/25
- P/S (9.6x)12/25
- EV/EBIT (36.0x)5/25
- Growth90/100 · Strong
- Revenue CAGR (13.5%)20/25
- Net income CAGR (55.5%)25/25
- EPS CAGR 5Y (58.2%)25/25
- Fwd implied growth (28.1%)20/25
- Profitability100/100 · Strong
- ROIC (26.4%)25/25
- ROE (35.0%)25/25
- Net margin (20.5%)25/25
- Operating margin (27.4%)25/25
- Financial Health80/100 · Strong
- Altman Z (11.26)25/25
- Current ratio (2.13)25/25
- Interest coverage (7.5x)18/25
- Net cash / debt (D/A 19%)12/25
- Quality92/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.55)25/25
- FCF conversion (96%)22/25
- Margin stability (σ 6.7%)20/25
- Moat22/100 · Weak
- ROIC >12% years (3/10 yrs)6/25
- Median gross margin (27.8%)6/25
- FCF-positive years (6/10 yrs)10/25
- Worst-year net margin (worst -7.6%)0/25
Risk Flags
- ⚠2 loss-making years in recent history
About Howmet Aerospace Inc.
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. Show more
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.
Headquarters: PITTSBURGH, PA · Employees: 25,430 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
34DP/E (TTM)46.8xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 28.1x–74.2x · 58th pct
P/FCF49.1xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.0%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.6%–3.8% · 47th pct
P/S (TTM)9.61xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 2.4x–13.5x · 78th pct
EV/EBIT36.0xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 18.9x–54.8x · 69th pct
EV/Sales10.1xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E36.6xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio16.37xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.67B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.22%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio10.4%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC26.4%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE35.0%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA15.4%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin20.5%A
Grade A: HighNet Income / Revenue
Operating Margin27.4%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin30.9%C
Grade C: AverageGross Profit / Revenue
FCF Margin19.6%A
Grade A: HighFCF / Revenue
True FCF Margin18.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
90A+Revenue CAGR13.5%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR55.5%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)58.2%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth28.1%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-8.9%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.8%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
80AAltman Z-Score11.26A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.13xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio0.70xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage7.5xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment1.2yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.8xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.53xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.26xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
92A+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.55A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion95.7%A
Grade A: StrongFCF / Net Income
Margin Stability6.7%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue4.7%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.75xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
CANTIE JOSEPH S Filed | CANTIE JOSEPH S | Grant / award | +156 | |
CANTIE JOSEPH S Filed | CANTIE JOSEPH S | Grant / award | +134 | |
Smith Gunner Filed | Smith Gunner | Grant / award | +731 | |
Barner Sharon R Filed | Barner Sharon R | Grant / award | +731 | |
Alving Amy E Filed | Alving Amy E | Grant / award | +731 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Miller Jody Filed | Miller Jody | Grant / award | +731 | |
CANTIE JOSEPH S Filed | CANTIE JOSEPH S | Grant / award | +731 | |
LEDUC ROBERT F Filed | LEDUC ROBERT F | Grant / award | +731 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
22EROIC >12% Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)27.8%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years6/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-7.6%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.69
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.41
Cash & short-term investments per share (Finnhub)
Book Value / Share$14.33
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.86B
Total debt obligations (short + long term)
Cash & Equiv.$742.00M
Cash and short-term investments
Net Debt$2.12B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$5.35B
Shareholders' equity (book value)
Asset / Liability1.92xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$87.64B
Current Market Capitalization
Beta1.29C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Howmet Aerospace Inc. (HWM)
HWM is up 0.57% at the last close. Howmet Aerospace Inc. meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 11.26 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.55 suggests a low likelihood of earnings manipulation.
- Howmet Aerospace Inc. converts about 20% of revenue into free cash flow — strong cash generation.
- Takes ~1.2 years to repay net debt from free cash flow.
- Howmet Aerospace Inc. posted a net loss in 2 of 10 available completed fiscal years (2016–2025).
- Return on equity of 35.0% is well above the market average.
See how HWM ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all HWM moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 7 | Regular | 222.42 | -3.97% | -3.15 |
| Oct 7 | After-hours | 222.51 | -3.92% | -3.11 |
Frequently Asked Questions about HWM
What is the current Howmet Aerospace Inc. (HWM) stock price?
HWM is trading at $220.96 at the last market close, up 0.57% on the session. PreMarketPrice tracks HWM pre-market, intraday and after-hours prices.
Is HWM stock a buy right now?
PreMarketPrice's quantitative model rates Howmet Aerospace Inc.'s financial health at 80/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is HWM stock overvalued?
Howmet Aerospace Inc. trades at a trailing P/E of 46.8 and our valuation score rates it 34/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Howmet Aerospace Inc. report earnings?
No confirmed earnings date is currently scheduled for HWM. The Earnings section lists recent reports and updates as dates are announced.
What sector does Howmet Aerospace Inc. operate in?
Howmet Aerospace Inc. operates in the Industrials sector, within the Rolling Drawing & Extruding Of Nonferrous Metals industry. The Related Stocks section lists sector peers for comparison.
What does Howmet Aerospace Inc. do?
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries.
About Howmet Aerospace Inc. (HWM) Stock
Howmet Aerospace Inc. (HWM) is a US-listed stock operating in the Industrials sector, specifically the Rolling Drawing & Extruding Of Nonferrous Metals industry. As of the latest update, Howmet Aerospace Inc. is trading at $220.96, up 0.57% on the day with a market capitalization of $87.6 billion. The financial health score for HWM is 80/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for HWM stock.
HWM Stock Analysis & Key Metrics
On PreMarketPrice, you can track Howmet Aerospace Inc. (HWM) across multiple dimensions:
- Pre-market price & movement: Real-time HWM stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for HWM with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Howmet Aerospace Inc. across multiple reporting periods.
- Financial health score: A composite score of 80/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for HWM.
- Sector peers: Compare HWM against 5 other industrials stocks on key financial metrics.
Is HWM a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Howmet Aerospace Inc. (HWM) as an investment. The financial health score of 80/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Howmet Aerospace Inc. (HWM) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.