Howmet Aerospace Inc. (HWM) Overview
Industrials • NYSE • CIK 0000004281
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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
Market Cap
$88.79B
P/E (TTM)
43.2x
Rev Growth (TTM)
+22.0%
Net Margin (TTM)
21.1%
FCF Yield (TTM)
2.2%
FCF Margin (TTM)
19.8%
Figures as of September 30, 2026
Filings
Primary-source SEC disclosures, read end-to-end. SEC figures cite the filing they come from.
10-Q2026 Q32026-10-29source
8-KEarnings2026-10-29source
10-Q2026 Q22026-08-06source
8-KEarnings2026-08-06source
8-KMay 20262026-05-28source
What your agent reads
Investor Relations
Company-published material — management’s own words, not SEC-audited. Each source below is labeled so your agent knows what to verify.
Company-published, not SEC-audited
Earnings
Q3
18 days ago
8-K releaseRevenue
$2.70B
+29.4%
Net Income
$567.00M
+47.3%
EPS
$1.42
+49.5%
Most recent quarterly earnings snapshot
Cash Flow Health
Free Cash Flow8/8 positive
TTM$1.9B
Q3 '26
$562.0M+17%
Q2 '26
$479.0M+33%
FCF Margin
TTM19.8%
Q3 '2620.8%+11%
Sector: 6.3%Top 10%
OCF Margin
24.7%
OCF/NI1.17x
CapEx Coverage
5.1x
FCF Yield2.2%
FCF Growth (3Y)+41%
Cash Conversion Cycle
95 days
DSO: 35+DIO: 119−DPO: 59
Cash flow trends & capital efficiency
Capital Allocation
Total Shareholder YieldTTM
TTM1.7%
Div Yield0.2%
+Buyback (TTM)1.5%
Dividend & Payout Metrics
Dividend Yield (TTM)0.2%
FCF Payout Ratio10.4%
Free Cash Flow (TTM)$1.9B
Stock Repurchases (TTM)$1.3B
Capital Return / FCF77.9%
Shares Outstanding (YoY)-1.2%↓ Buyback
Est. Dividends Paid (TTM)$201.6M
Shows how management rewards shareholders
Valuation Metrics
Price-to-EarningsTTM
43.2x
Volatile
8Q: 43.0x+637%
Valuation Lenses
Earnings
43.2x
vs – sector
Cash Flow
48.0x
EV/FCF vs –
Growth-Adj
1.0xPEG
Fair for growth
Quality-Adj
2.0P/E per %ROIC
ROIC: 21.9%
Shareholder Returns
Dividend
0.2%
Buyback
1.5%
Total Yield
1.7%
Market Cap$88.79B
EV$92.72B
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
Multi-angle valuation analysis with sector context
Margins & Efficiency
ROIC 75th pctile
Profitability Cascade
Gross
36.6%
Operating
28.1%
Top 25% in sector
Net
21.1%
Margins Unknown
Return on Invested CapitalTTM
21.9%
Stable
+0.0% YoY8Q: 18.9%+7.0%
P25MedianP75
75th pctl (med: 7.2%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
23.0%
8Q: 21.1%
Asset Turnover
0.78x
8Q: 0.76x
Leverage (1+D/E)
1.77x
D/E: 0.77x
DuPont: 31.8% ≈ 21.9% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
3.62x
8Q:3.34x
+63.2%
Invested Cap Turn
0.95x
8Q:0.91x
+13.0%
CapEx Intensity
4.6%
8Q:4.6%
CapEx/Depreciation
1.45x
FCF vs Net Margin Gap-1.3 pts
Margin trends, ROIC, and capital efficiency
Balance Sheet & Solvency
ND/EBITDA 1.0x
Net Debt / EBITDA
1.0xNet Debt: $3.94B
Interest Coverage
15.3x
+Strong interest coverage: 15.3x
Leverage Metrics
Debt-to-Equity
0.77x
Balance sheet risk & solvency analysis
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