(HWM) Howmet Aerospace - Ratings and Ratios

Howmet Aerospace Inc. (NYSE:HWM) is a leading global supplier of advanced engineered solutions for the aerospace and transportation industries. With a history dating back to 1888, the company operates in over a dozen countries, including the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and others. Its global footprint underscores its critical role in the supply chain for both defense and commercial aerospace, as well as the heavy-duty transportation sector.

The company is structured into four core segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment specializes in high-performance components such as airfoils, seamless rolled rings, and structural parts, primarily serving aircraft engines and industrial gas turbines. This segment is pivotal for enabling the efficiency and durability of engines in both aerospace and industrial applications.

The Fastening Systems segment produces a wide array of fastening solutions, including aerospace fasteners, latches, bearings, and installation tools. These products are essential for the assembly and maintenance of aircraft and other industrial equipment. Beyond aerospace, this segment also serves the commercial transportation and industrial markets, highlighting the companys diversification across multiple industries.

The Engineered Structures segment is a key supplier of titanium and nickel alloys, forgings, and machined components for aerospace and defense applications. This includes critical components for airframes, wings, and landing gear systems. The segments expertise in titanium forgings, extrusions, and machining services is particularly important for modern aircraft manufacturing, where lightweight yet high-strength materials are essential.

The Forged Wheels segment focuses on the production of forged aluminum wheels for heavy-duty trucks and commercial transportation markets. This segment addresses the growing demand for durable and lightweight wheel solutions in the trucking and logistics industries, aligning with broader trends toward improving fuel efficiency and reducing maintenance costs.

Howmet Aerospace Inc., formerly known as Arconic Inc., has established itself as a critical player in the aerospace and defense supply chain. Its products are integral to the manufacturing and maintenance of aircraft, from engine components to structural assemblies. The companys ability to deliver high-performance, precision-engineered solutions positions it as a key partner for both original equipment manufacturers (OEMs) and aftermarket service providers.

From a financial perspective, Howmet Aerospace Inc. has a market capitalization of approximately $51.8 billion USD as of recent data. The companys trailing P/E ratio is 45.