HWM
Howmet Aerospace
$280.36
▲ 1.0%Updated Today 7:15 PM ET
▲ Up 63.1% over the last 12 months
Market Cap
$111.09B
P/E
62.1x
Forward P/E (est.)
44.36x
ROE
33.1%
Revenue Growth
14.2%
EPS Growth
40.2%
Profit Margin
20.2%
FCF Yield
0.8%
Debt / Equity
0.57x
ROIC
19.0%
Interest Coverage
9.39x
Current Ratio
2.44x
Dividend Yield
0.2%
Implied Growth (rev. DCF)
7.6%
Rating Score
59/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what HWM's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. HWM trades near $280.36, above its 50-day average ($255.78) and 200-day average ($222.99). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 66 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. HWM's is $9.16 (~3.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month HWM found buyers near $243.68 (support) and sellers near $285.63 (resistance); its 52-week range is $169.06–$285.63. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Howmet Aerospace (HWM) is a large-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500, with a market value around $111.09B.
In its latest reported year it generated about $8.25B in revenue and $1.51B in net profit.
Our model rates HWM Favorable (59/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
13.5%
Revenue moved from $4.97B in 2021 to $8.25B in 2025, a 13.5% compound annual growth rate. The most recent year grew a steady 14.2% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
35.0%
Operating Margin
24.8%
Net Margin
18.3%
ROE
33.1%
Howmet Aerospace keeps about 20.2% of each sales dollar as net profit, with a 35.0% gross margin and 24.8% operating margin. Return on equity is 33.1% and return on invested capital about 19.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$3.05B
Net Debt
$615.00M
Net Debt / EBITDA
0.3x
Debt / Equity
0.57x
Leverage: debt-to-equity is 0.6x, and operating profit covers interest about 9.4x, with a current ratio of 2.4x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.05B of total debt against $2.44B of cash.
Operating CF
$1.88B
Free Cash Flow
$1.43B
FCF Margin
17.3%
In the latest year Howmet Aerospace produced about $1.88B of operating cash flow and $1.43B of free cash flow after capital spending. That is a free-cash-flow yield of about 0.8% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
62.1x
P/S
13.11x
P/B
15.41x
EV / EBITDA
47.92x
HWM trades at 62.1x trailing earnings (about 44.4x on estimated forward earnings), 13.1x sales, and 15.4x book value. Reverse-engineering today's price implies the market expects roughly 7.6% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How HWM stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), HWM ranks #21 of 80 by our overall rating. It trades at a premium versus the sector on earnings (62.1x P/E vs. 30x median) with a higher return on equity (33.1% vs. 24.7%) and faster revenue growth (14.2% vs. 5.0%).
P/E vs sector
62.1x
median 30x
ROE vs sector
33.1%
median 24.7%
Growth vs sector
14.2%
median 5.0%
Sector rank
#21
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$264.47 – $443.17
vs. $280.36 today · expected CAGR -1% – 10%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $9.41B | $10.72B | $12.23B | $13.94B | $15.89B |
| Net income | $1.69B | $1.93B | $2.20B | $2.51B | $2.86B |
| EPS | $4.23 | $4.82 | $5.50 | $6.27 | $7.15 |
| Share price (low) | $156.59 | $178.51 | $203.50 | $231.99 | $264.47 |
| Share price (high) | $262.39 | $299.13 | $341.01 | $388.75 | $443.17 |
| CAGR (low–high) | -44% / -6% | -20% / 3% | -10% / 7% | -5% / 9% | -1% / 10% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for HWM:
- Revenue is growing 14.2% a year, a sign of real demand.
- High net margins (20.2%) point to pricing power or efficiency.
- Strong return on equity (33.1%) shows capital is put to work well.
- Our model's overall read is Favorable (59/100).
The case against HWM:
- A rich 62.1x earnings multiple prices in a lot of growth.
- Limited free cash flow at today's price.
Valuation risk — at 62.1x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Howmet Aerospace is a large-cap industrials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 62.1x earnings, which our model scores Favorable (59/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.