Howmet Aerospace Inc. (HWM) Factsheet
Earnings-call transcript: none · IR deck: cataloged — watch a real agent read these end-to-end →
Howmet Aerospace Inc. (HWM) Stock Analysis
Analysis from 10-Q filed 2026-10-29. Data as of Q3 2026.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 21.9%. FCF margin 19.8%. D/E 0.8x. Source: 10-Q filed 2026-10-29.
| Metric | Value | Context |
|---|---|---|
| ROIC | 21.9% | Above industry average |
| FCF Margin | 19.8% | Strong cash generation |
| Debt/Equity | 0.8x | Moderate leverage |
ROIC 21.9% — Top 5% of sector peers. FCF margin 19.8% — Top 10%.
Explore Howmet Aerospace Inc.: Earnings History | Overview
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for HWM: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Howmet Aerospace Inc. earns 21.9% ROIC, Top 5% in Industrials
ROIC TTM 21.9%, sector median 7.2%, Top 5%. DuPont: NOPAT margin 23.0% × asset turnover 0.8x. Gross margin 36.6%. Operating margin 28.1%. Source: 10-Q filed 2026-10-29.
| Metric | HWM | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 21.9% | Excellent | Above sector median of 7.2% |
| Return on Equity (ROE) | 37.2% | Excellent | Efficient use of shareholder equity |
| Gross Margin | 36.6% | Good | Competitive pricing environment |
| Operating Margin | 28.1% | Excellent | Efficient operations |
Cash Flow: Howmet Aerospace Inc. generates $1.9B FCF at 19.8% margin, positive NaN/8 quarters
FCF TTM $1.9B. FCF margin 19.8%, Top 10%. OCF/Net income 1.2x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-10-29.
| Metric | HWM | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 19.8% | Good | Excellent cash conversion |
| Free Cash Flow (TTM) | $1.9B | Good | Positive cash generation |
| OCF/Net Income | 1.2x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Howmet Aerospace Inc. at 0.8x leverage, 15.3x interest coverage
Debt/Equity 0.8x. Total debt $4.4B, cash & investments $507.0M. Interest coverage 15.3x. Source: 10-Q filed 2026-10-29.
| Metric | HWM | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.8x | Adequate | Moderate leverage |
| Net Cash Position | $-3.9B | Warning | Net debt position |
| Interest Coverage | 15.3x | Excellent | Comfortable debt service |
Valuation: Howmet Aerospace Inc. trades at 43.2x earnings
P/E 43.2x. EV/Sales 9.5x. FCF yield 2.2%. Dividend yield 0.2%. Source: 10-Q filed 2026-10-29.
| Metric | HWM | Rating | Context |
|---|---|---|---|
| P/E Ratio | 43.2x | Adequate | Premium valuation |
| EV/Sales | 9.5x | Adequate | Growth premium priced in |
| FCF Yield | 2.2% | Adequate | Lower cash yield |
| Dividend Yield | 0.2% | Adequate | Growth focus over income |
Capital Allocation: Howmet Aerospace Inc. returns 1.7% shareholder yield, reducing shares 1.2% YoY
Total shareholder yield 1.7% (div 0.2% + buyback 1.5%). Share count -1.2% YoY. Capital returned $1.5B TTM. Source: 10-Q filed 2026-10-29.
| Metric | HWM | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 1.7% | Adequate | Dividend + buyback yield combined |
| Buyback Yield | 1.5% | Adequate | Minimal buyback activity |
| Share Count Change (YoY) | -1.2% | Good | Net share reduction (accretive) |
| Total Capital Returned (TTM) | $1.5B | Good | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 21.9% | Top 5% | 3.0x above |
| Free Cash Flow Margin | 19.8% | Top 10% | 3.2x above |
| Gross Margin | 36.6% | Top 50% | 1.1x above |
| Operating Margin | 28.1% | Top 5% | 4.1x above |
| Return on Equity (ROE) | 37.2% | Top 10% | 3.7x above |
| P/E Ratio | 43.2x | N/A | - |
Financial Scorecard
| Metric | HWM | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 21.9% | Excellent | Top 5% of sector (median: 7.2%) |
| Free Cash Flow Margin | 19.8% | Good | Top 10% of sector (median: 6.3%) |
| Gross Margin | 36.6% | Good | Top 50% of sector (median: 32.1%) |
| Debt to Equity Ratio | 77.1% | Adequate | Elevated but manageable |
| P/E Ratio (Price-to-Earnings) | 43.2x | Adequate | High expectations priced in |
| Free Cash Flow Yield | 2.2% | Warning | Growth-focused valuation |
Frequently Asked Questions
Q: What is Howmet Aerospace Inc.'s Return on Invested Capital (ROIC)?
Howmet Aerospace Inc. (HWM) has a trailing twelve-month Return on Invested Capital (ROIC) of 21.9%. The 8-quarter median ROIC is 18.9% with a improving trend. Sector median 7.2%. Source: 10-Q filed 2026-10-29.
Q: What is Howmet Aerospace Inc.'s Free Cash Flow Margin?
Howmet Aerospace Inc. (HWM) has a free cash flow margin of 19.8%, generating $1.9 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-10-29.
Q: What is Howmet Aerospace Inc.'s P/E ratio and how does it compare to peers?
Howmet Aerospace Inc. (HWM) trades at a P/E ratio of 43.2x, which is above the sector median of N/A. EV/Sales 9.5x. FCF yield 2.2%. Source: 10-Q filed 2026-10-29.
Q: Does Howmet Aerospace Inc. pay a dividend?
Howmet Aerospace Inc. (HWM) currently pays a dividend yield of 0.2%. Total shareholder yield (dividend + buybacks) 1.7%. Source: 10-Q filed 2026-10-29.
Q: How much debt does Howmet Aerospace Inc. have?
Howmet Aerospace Inc. (HWM) has a debt-to-equity ratio of 0.8x with total debt of $4.4 billion. Interest coverage 15.3x. Net debt $3.9 billion. Source: 10-Q filed 2026-10-29.
Q: What is Howmet Aerospace Inc.'s revenue and earnings growth?
Howmet Aerospace Inc. (HWM) grew revenue by 22.0% year-over-year. EPS +43.0% YoY. Source: 10-Q filed 2026-10-29.
Q: Is Howmet Aerospace Inc. buying back stock?
Howmet Aerospace Inc. (HWM) repurchased $1.3 billion of stock over the trailing twelve months. This represents a buyback yield of 1.5%. Share count -1.2% YoY. Source: 10-Q filed 2026-10-29.
Q: How does Howmet Aerospace Inc. compare to competitors in Industrials?
Compared to other companies in Industrials, Howmet Aerospace Inc. (HWM) shows: ROIC 21.9%, sector median 7.2% (Top 5%). FCF margin 19.8%, sector median 6.3% (Top 10%). Gross margin 36.6%, 4.6pp above sector median. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.
Q: What warning signs should I watch for with Howmet Aerospace Inc.?
No quantitative warning flags fired for Howmet Aerospace Inc. (HWM) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-10-29.
Data Source: Data sourced from 10-Q filed 2026-10-29. TTM metrics as of Q3 2026.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms