Howmet Aerospace Inc. logo

Howmet Aerospace Inc. (HWM)

Common Stock · Currency in USD · XNYS

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.

Company Info

SIC3350
Composite FIGIBBG00DYNJGH9
CIK0000004281
IPOOct 18, 2016
Sectorrolling drawing & extruding of nonferrous metals

Highlights

Market Cap$93.29B
EPS$3.84
P/E Ratio60.58
Revenue$8.28B
Gross Profit$8.36B
Net Income$1.54B
Employees25,430
WSO400,940,063
Phone(412) 553-1940

Related Tickers

Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Howmet Aerospace Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Howmet Aerospace Inc. (HWM) has returned 13.23% so far this year and 116.63% over the past 12 months. Looking at the last ten years, HWM has achieved an annualized return of 31.20%, outperforming the Benchmark (SPY), which averaged 12.23% per year.

HWM

1M-9.81%
6M23.44%
YTD13.23%
1Y116.63%
5Y48.44%
10Y31.20%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Howmet Aerospace Inc. (HWM) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20261.26%26.94%-12.37%-0.57%
202514.86%9.85%-5.95%7.48%16.00%9.33%-2.24%-1.64%13.88%6.07%-1.69%1.00%
20244.49%17.58%2.69%-2.34%26.61%-8.98%21.52%0.01%3.18%-0.26%17.67%-7.85%
20233.27%4.23%0.43%4.80%-3.48%14.88%3.96%-0.52%-7.37%-4.03%18.71%2.85%
2022-2.84%15.42%0.34%-5.51%4.84%-12.81%18.29%-4.14%-11.83%13.07%4.81%4.07%
2021-13.72%12.58%11.14%-0.16%10.53%-4.20%-5.09%-4.45%-2.41%-5.54%-5.22%10.29%
2020-15.13%1.24%20.44%-7.22%18.38%-3.74%1.83%33.75%17.26%

Performance Indicators

The charts below present risk-adjusted performance metrics for Howmet Aerospace Inc. (HWM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92HWM: 1.84

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40HWM: 2.87

Omega ratio

0.501.001.502.00SPY: 1.22HWM: 1.39

Calmar ratio

0.002.004.006.00SPY: 1.20HWM: 3.69

Martin ratio

0.001.003.00SPY: 0.42HWM: 0.75

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of HWM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Howmet Aerospace Inc. volatility is 2.29%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

20252023202220212020
Liabilities And Equity (USD)11.18B10.43B10.26B10.22B11.44B
Equity Attributable To Parent (USD)5.35B4.04B3.60B3.51B3.58B
Equity Attributable To Noncontrolling Interest (USD)-----
Equity (USD)5.35B4.04B3.60B3.51B3.58B
Other Non-current Liabilities (USD)1.01B901.00M1.01B1.23B1.13B
Long-term Debt (USD)3.05B3.71B4.16B4.23B5.08B
Noncurrent Liabilities (USD)4.06B4.61B5.17B5.46B6.21B
Other Current Liabilities (USD)583.00M539.00M325.00M323.00M856.00M
Wages (USD)343.00M263.00M195.00M198.00M205.00M
Accounts Payable (USD)845.00M982.00M962.00M732.00M599.00M
Current Liabilities (USD)1.77B1.78B1.48B1.25B1.66B
Liabilities (USD)5.83B6.39B6.65B6.71B7.87B
Other Non-current Assets (USD)4.35B4.28B4.26B4.47B4.61B
Intangible Assets (USD)457.00M505.00M521.00M549.00M571.00M
Fixed Assets (USD)2.59B2.33B2.33B2.47B2.59B
Noncurrent Assets (USD)7.40B7.11B7.11B7.48B7.77B
Other Current Assets (USD)1.93B1.55B1.53B1.34B2.18B
Inventory (USD)1.85B1.77B1.61B1.40B1.49B
Current Assets (USD)3.78B3.32B3.14B2.74B3.67B
Assets (USD)11.18B10.43B10.26B10.22B11.44B

News and Insights

The New Magnificent Stocks to Own in 2026

As mega-cap tech stocks' dominance wanes, five non-technology companies are emerging as potential new 'magnificent stocks' for 2026. MasTec, Caterpillar, Walmart, Eli Lilly, and Howmet Aerospace are all hitting 5-year highs with expected double-digit earnings growth, though all trade at elevated valuations with forward P/E ratios ranging from 30 to 56.

Investing.com faviconInvesting.comTracey Ryniec
Angle Advisors announces Brunner Manufacturing has been acquired by Howmet Aerospace

Howmet Aerospace has acquired Brunner Manufacturing Company, a Wisconsin-based manufacturer of agricultural and industrial fasteners with over 60 years of operating history. The acquisition expands Howmet Fastening Systems' product portfolio and manufacturing capabilities, particularly in larger-size fasteners and structural threaded bolts. Angle Advisors served as the exclusive investment banking advisor for the transaction.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Angle Advisors announces Brunner Manufacturing has been acquired by Howmet Aerospace

Howmet Aerospace has acquired Brunner Manufacturing, a Wisconsin-based manufacturer of agricultural, industrial and commercial vehicle fasteners and high-strength components. Brunner will become part of Howmet Fastening Systems. The acquisition allows Howmet to expand its product portfolio and manufacturing capabilities, particularly in larger-size fasteners and structural threaded bolts. Angle Advisors served as the exclusive investment banking advisor.

Benzinga faviconBenzingaGlobe Newswire
$9.8 Billion in Autonomy Spending Hits the AI-Boosted Defense Supply Chain

Congress approved an $839 billion defense spending bill for fiscal 2026, allocating $9.8 billion toward autonomous and unmanned systems development. The global AI in defense and aerospace market is projected to grow from $4.2 billion in 2026 to $42.8 billion by 2036 at a 26.4% CAGR. Major defense contractors including Howmet Aerospace, Curtiss-Wright, Parsons, and HII secured significant contracts and partnerships to support military modernization and AI integration initiatives.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Equity Insider
Investor Days to Watch: Insights From Utilities, Energy, Industrials, and Banks

The bull market is broadening beyond tech into cyclical and value sectors including Energy, Materials, Consumer Staples, and Industrials. Several upcoming investor days and analyst conferences from major non-tech companies in utilities, energy, industrials, and banking sectors will provide insights into Main Street economic momentum. Key events include Xcel Energy's analyst day, Williams' Q4 update, FedEx's investor day on February 12th, and JPMorgan Chase's business update on February 23rd, which could signal whether the bull market is entering a more diversified phase.

Investing.com faviconInvesting.comChristine Short
Howmet Aerospace Board Approves Common Stock Dividend

Howmet Aerospace Inc. (NYSE: HWM) announced that its Board of Directors declared a quarterly dividend of 12 cents per share on common stock, payable on February 25, 2026, to shareholders of record as of February 6, 2026.

Benzinga faviconBenzingaPrnewswire
Will These 5 Stocks Repeat Their 39%-100% Dividend Raises This Year?

The article identifies five dividend-growth stocks that delivered substantial dividend increases of 39%-100% in 2025 and are expected to announce further raises in Q1 2026. These companies—Primerica, Yum China Holdings, Comfort Systems, Penske Automotive Group, and Howmet Aerospace—demonstrate strong track records of rewarding shareholders through consistent dividend growth, though some face headwinds in earnings growth.

Investing.com faviconInvesting.comBrett Owens
Winners and Losers of 2025: A Sector-by-Sector Stock Market Review

Communication Services was the best-performing sector in 2025 with ~33% returns, outperforming Information Technology (~24%). Metals and Mining stocks surged ~85%, while Real Estate declined ~1%. Key winners included EchoStar (+378%), Warner Bros Discovery (+170%), MP Materials (+275%), and Newmont Corp (+168%), while consumer-focused sectors struggled with inflation concerns.

Investing.com faviconInvesting.comDave Kovaleski
Why Stanley Black & Decker Stock Jumped Today

Stanley Black & Decker announced the sale of its aerospace manufacturing unit to Howmet Aerospace for $1.8 billion in cash. The proceeds will be used to reduce debt and support dividend growth, alleviating investor concerns about a potential dividend cut. The stock jumped 6.8% on the news as part of the company's broader restructuring strategy.

The Motley Fool faviconThe Motley FoolNeha Chamaria
Defense Dividends: 3 Strong Performers That Are Raising Payouts

Three aerospace and defense stocks have significantly raised their dividends in 2025, with total returns ranging from 57% to 78%. Transdigm, Elbit Systems, and Howmet Aerospace have all increased dividend payments by 20% or more, reflecting strong industry performance.

Investing.com faviconInvesting.comLeo Miller