HWM Stock Analysis: Howmet Aerospace | NYSE
Aerospace & Defense | NYSE, USA | Market Cap: 92.231m USD | 12M Return: 16.6% | US4432011082 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 646M
EPS Trend: 99.9%
Qual. Beats: 6
Rev. Trend: 99.1%
Qual. Beats: 5
Warnings
Tailwinds
Seasonality 9.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Howmet Aerospace Inc. (NYSE: HWM) is a Pittsburgh-based manufacturer of advanced engineered solutions serving the aerospace and transportation industries across the United States, Europe, Asia, and other international markets. The company operates through four business segments: Engine Products (airfoils, seamless rolled rings, and rotating and structural parts for aircraft engines and industrial gas turbines), Fastening Systems (aerospace fasteners, latches, bearings, fluid fittings, and installation tools for commercial transportation and industrial uses), Engineered Structures (titanium ingots and mill products, aluminum and nickel forgings, and machined components for aerospace and defense applications, including airframe, wing, engine, and landing gear parts), and Forged Wheels (forged aluminum wheels for heavy-duty trucks and commercial transportation). Founded in 1888 and formerly known as Arconic Inc., Howmet is classified within the Industrials sector under the Aerospace & Defense sub-industry.
The company sits within the Aerospace & Defense supply chain, producing components and materials that feed into both commercial and defense aircraft platforms as well as the heavy-duty trucking and transportation markets. Its diversified segment structure exposes it to multiple end-markets-commercial aerospace original equipment manufacturers (OEMs), aftermarket engine parts demand, defense procurement, and commercial vehicle production-which can help offset cyclical swings in any single industry.
- Jet engine production ramps lift Engine Products segment revenue
- Titanium costs and aerospace forging demand expand margins
- Heavy-duty truck downturn pressures Forged Wheels segment volume
| Net Income: 1.87b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 4.30 > 1.0 |
| NWC/Revenue: 20.70% < 20% (prev 27.12%; Δ -6.42% < -1%) |
| CFO/TA 0.17 > 3% & CFO 2.22b > Net Income 1.87b |
| Net Debt (4.11b) to EBITDA (2.75b): 1.49 < 3 |
| Current Ratio: 1.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (402.0m) vs 12m ago -1.23% < -2% |
| Gross Margin: 34.44% > 18% (prev 29.23%; Δ 5.21% > 0.5%) |
| Asset Turnover: 75.05% > 50% (prev 69.90%; Δ 5.15% > 0%) |
| Interest Coverage Ratio: 14.58 > 6 (EBIT TTM 2.45b / Interest Expense TTM 168.0m) |
| A: 0.14 (Total Current Assets 4.19b - Total Current Liabilities 2.31b) / Total Assets 13.3b |
| B: 0.39 (Retained Earnings 5.11b / Total Assets 13.3b) |
| C: 0.20 (EBIT TTM 2.45b / Avg Total Assets 12.1b) |
| D: 0.76 (Book Value of Equity 5.73b / Total Liabilities 7.52b) |
| Altman-Z'' = 4.35 = AA |
| DSRI: 0.98 (Receivables 1.04b/902.0m, Revenue 9.12b/7.72b) |
| GMI: 0.85 (GM 29.23% / 34.44%) |
| AQI: 1.08 (AQ_t 0.47 / AQ_t-1 0.44) |
| SGI: 1.18 (Revenue 9.12b / 7.72b) |
| TATA: -0.03 (NI 1.87b - CFO 2.22b) / TA 13.3b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 222.75 with a total of 2,615,653 shares traded. Over the past week, the price has changed by -1.52%, over one month by -3.79%, over three months by -19.09% and over the past year by +16.59%.
Current recommended Stop Loss: 214.50 (which is 3.7% or 1.2 ATR below the current price).
Howmet Aerospace has received a consensus analysts rating of 4.57. Therefore, it is recommended to buy HWM.
- StrongBuy: 16
- Buy: 4
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 331.5 | 48.8% |
P/E Trailing = 49.7355
P/E Forward = 35.9712
P/S = 10.1164
P/B = 15.9173
P/EG = 0.8035
Revenue TTM = 9.12b USD
EBIT TTM = 2.45b USD
EBITDA TTM = 2.75b USD
Long Term Debt = 4.05b USD (from longTermDebt, last quarter)
Short Term Debt = 451.0m USD (from shortTermDebt, last quarter)
Debt = 4.67b USD (from shortLongTermDebtTotal, last quarter) + Leases 163.0m
Net Debt = 4.11b USD (calculated: Debt 4.67b - CCE 563.0m)
Enterprise Value = 96.3b USD (92.2b + Debt 4.67b - CCE 563.0m)
Interest Coverage Ratio = 14.58 (Ebit TTM 2.45b / Interest Expense TTM 168.0m)
EV/FCF = 53.79x (Enterprise Value 96.3b / FCF TTM 1.79b)
FCF Yield = 1.86% (FCF TTM 1.79b / Enterprise Value 96.3b)
FCF Margin = 19.64% (FCF TTM 1.79b / Revenue TTM 9.12b)
Net Margin = 20.52% (Net Income TTM 1.87b / Revenue TTM 9.12b)
Gross Margin = 34.44% ((Revenue TTM 9.12b - Cost of Revenue TTM 5.98b) / Revenue TTM)
Gross Margin QoQ = 37.34% (prev 36.92%)
Tobins Q-Ratio = 7.27 (Enterprise Value 96.3b / Total Assets 13.3b)
Interest Expense / Debt = 3.60% (Interest Expense 168.0m / Debt 4.67b)
Taxrate = 18.01% (411.0m / 2.28b)
NOPAT = 2.01b (EBIT 2.45b * (1 - 18.01%))
Current Ratio = 1.82 (Total Current Assets 4.19b / Total Current Liabilities 2.31b)
Debt / Equity = 0.82 (Debt 4.67b / totalStockholderEquity, last quarter 5.73b)
Debt / EBITDA = 1.49 (Net Debt 4.11b / EBITDA 2.75b)
Debt / FCF = 2.29 (Net Debt 4.11b / FCF TTM 1.79b)
Total Stockholder Equity = 5.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.40% (Net Income 1.87b / Total Assets 13.3b)
RoE = 34.41% (Net Income TTM 1.87b / Total Stockholder Equity 5.44b)
RoCE = 25.82% (EBIT 2.45b / Capital Employed (Equity 5.44b + L.T.Debt 4.05b))
RoIC = 18.36% (NOPAT 2.01b / Invested Capital 10.9b)
WACC = 9.92% (E(92.2b)/V(96.9b) * Re(10.27%) + D(4.67b)/V(96.9b) * Rd(3.60%) * (1-Tc(0.18)))
Discount Rate = 10.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -99.43 | Cagr: -1.09%
[DCF] Terminal Value 73.07% ; FCFF base≈1.48b ; Y1≈1.70b ; Y5≈2.50b
[DCF] Fair Price = 63.59 (EV 29.5b - Net Debt 4.11b = Equity 25.4b / Shares 398.8m; r=9.92% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.93 | EPS CAGR: 43.01% | SUE: 3.38 | # QB: 6
Revenue Correlation: 99.12 | Revenue CAGR: 12.28% | SUE: 4.0 | # QB: 5
EPS current Quarter (2026-09-30): EPS=1.37 | Chg30d=+0.16% | Revisions=+83% | Analysts=18
EPS current Year (2026-12-31): EPS=5.34 | Chg30d=+0.07% | Revisions=+85% | GrowthEPS=+41.6% | GrowthRev=+22.5%
EPS next Year (2027-12-31): EPS=6.46 | Chg30d=+0.66% | Revisions=+86% | GrowthEPS=+21.1% | GrowthRev=+13.7%
[Analyst] Revisions Ratio: +94% (up=50, down=0)