Stocks · Industrials · Aerospace & Defense
Howmet Aerospace Inc. HWM
$229.57 -0.74% Close, Oct 5, 2026 · NYSE · Market cap $92.53B
Strong growthHigh qualityExpensive vs sector
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.6%).
- Diluted EPS over the last four quarters was $4.64, up 35.7% year over year.
- Revenue over the last four quarters was $9.12B, up 18.1% from a year earlier, accelerating from 14.2% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth92Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 25%
- EPS growth (TTM, YoY)Top 25%
- FCF growth (TTM, YoY)Top 24%
- Revenue growth, 3-year CAGRTop 23%
- Revenue growth accelerationTop 27%
Quality84Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 8%
- Gross marginTop 36%
- Operating marginTop 3%
- Cash conversion (OCF / net income)Bottom 29%
- Accruals (lower is better)Bottom 34%
- Net debt / EBITDA (lower is better)Top 41%
- Interest coverTop 16%
Value19Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 44%
- Free-cash-flow yieldBottom 36%
- EBITDA / enterprise valueBottom 25%
- Sales / enterprise valueBottom 6%
- P/E vs own 5-year history (lower is better)Bottom 37%
Momentum58Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 27%
- 6-month returnBottom 43%
- 1-year return vs S&P 500Top 39%
- Distance from 52-week highBottom 49%
- Trend checklist (0–4)Top 41%
Revisions94Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 43%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyTop 13%
- Upside to consensus price targetTop 33%
Stability66Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 41%
- Maximum drawdown, 3 yearsTop 4%
- Beta vs S&P 500 (lower is better)Bottom 29%
- Net debt / EBITDA (lower is better)Top 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.2% | 18.1% | ↑ |
| EPS growth (YoY) | 40.4% | 35.7% | ↓ |
| Gross margin | 29.2% | 34.4% | ↑ |
| Operating margin | 24.5% | 28.3% | ↑ |
| FCF margin | 13.2% | 17.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 18.1% | 14.2% | ↑ | Top 25% |
| EPS growth (TTM, YoY) | 35.7% | 40.4% | ↓ | Top 25% |
| Gross margin | 34.4% | 29.2% | ↑ | Top 36% |
| Operating margin | 28.3% | 24.5% | ↑ | Top 3% |
| Net margin | 20.5% | 18.1% | ↑ | — |
| Free-cash-flow margin | 17.2% | 13.2% | ↑ | — |
| Return on invested capital | 18.6% | — | Top 8% | |
| Revenue growth, 3-year CAGR | 13.4% | — | Top 23% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.19×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -2.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.43×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 15.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.21%
- Net buyback yield (TTM)
- 1.14%
- Shareholder yield
- 1.35%
- Share count change, 1 year
- -1.2%
- Share count change, 3-year CAGR
- -1.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.6%
- Average 2-day reaction, last 8
- +3.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $331.10
- Target vs current price
- +44.2%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 84%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +7.3% | -0.6% | -3.4% | -13.2% | — |
| May 7, 2026 | +9.9% | +6.3% | +6.5% | -2.8% | +11.7% |
| Feb 12, 2026 | +8.8% | +6.0% | +8.9% | +5.6% | +17.2% |
| Oct 30, 2025 | +4.4% | -0.8% | +1.4% | +0.6% | +5.9% |
| Jul 31, 2025 | +4.4% | -6.4% | -5.2% | -8.6% | +4.1% |
| May 1, 2025 | +10.8% | +6.8% | +13.4% | +22.7% | +35.8% |
| Feb 13, 2025 | +4.2% | -0.0% | +8.1% | -4.2% | +22.9% |
| Nov 6, 2024 | +7.6% | +12.4% | +11.2% | +17.6% | +22.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $1.33 | $1.24 | +7.3% | $2.55B |
| May 7, 2026 | $1.22 | $1.11 | +9.9% | $2.31B |
| Feb 12, 2026 | $1.05 | $0.97 | +8.8% | $2.17B |
| Oct 30, 2025 | $0.95 | $0.91 | +4.4% | $2.09B |
| Jul 31, 2025 | $0.91 | $0.87 | +4.4% | $2.05B |
| May 1, 2025 | $0.86 | $0.78 | +10.8% | $1.94B |
| Feb 13, 2025 | $0.74 | $0.71 | +4.2% | $1.89B |
| Nov 6, 2024 | $0.71 | $0.66 | +7.6% | $1.83B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 49.5× | 45.8× | 71th | Bottom 44% |
| P/E (forward) | 43.0× | — | — | — |
| EV / EBITDA | 35.0× | — | — | Bottom 25% |
| EV / Sales | 10.58× | — | — | Bottom 6% |
| Free-cash-flow yield | 1.70% | — | — | Bottom 36% |
| Earnings yield | 2.02% | — | — | Bottom 44% |
P/E over the past five years
Range 31.7× – 66.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +20.1%
- Earnings per share growth (TTM)
- +35.7%
- Change in P/E multiple
- +18.8%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.7%
- 200-day average slope (20 days)
- +1.3%
- Distance from 50-day average
- -10.7%
- Distance from 200-day average
- -7.7%
- RSI (14)
- 41.1
- Relative volume
- 0.65×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 38.9%
- Volatility vs own 5-year history
- 88th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.40
- Correlation with S&P 500
- 0.61
- Current drawdown from 1-year high
- -21.6%
- Maximum drawdown, 3 years
- -23.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 8, 2021 | Dec 1, 2021 | -23.3% | 123 days | 53 days (Feb 16, 2022) |
| Aug 18, 2026 | Sep 15, 2026 | -23.2% | 19 days | Not yet recovered |
| Aug 16, 2022 | Sep 30, 2022 | -20.1% | 32 days | 44 days (Dec 2, 2022) |
| Feb 19, 2025 | Apr 4, 2025 | -19.4% | 32 days | 18 days (May 1, 2025) |
| Jan 12, 2021 | Jan 27, 2021 | -18.3% | 10 days | 18 days (Feb 23, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $92.53B
- P/E (TTM)
- 49.5
- EPS, diluted (TTM)
- $4.64
- Revenue (TTM)
- $9.12B
- Dividend yield
- 0.22%
- 52-week range
- $183.83 – $310.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.97B | $5.66B | $6.64B | $7.43B | $8.25B |
| Gross profit | $1.13B | $1.35B | $1.61B | $2.05B | $2.54B |
| Operating income | $866.0M | $1.03B | $1.25B | $1.67B | $2.13B |
| Net income | $258.0M | $469.0M | $765.0M | $1.16B | $1.51B |
| EPS (diluted) | $0.59 | $1.11 | $1.83 | $2.81 | $3.71 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.89B | $1.94B | $2.05B | $2.09B | $2.17B | $2.31B | $2.55B |
| Net income | $332.0M | $314.0M | $344.0M | $407.0M | $385.0M | $372.0M | $580.0M | $534.0M |
| EPS (diluted) | $0.81 | $0.77 | $0.84 | $1.00 | $0.95 | $0.92 | $1.44 | $1.33 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $449.0M | $733.0M | $901.0M | $1.30B | $1.88B |
| Capital expenditure | -$199.0M | -$193.0M | -$219.0M | -$321.0M | -$453.0M |
| Free cash flow | $250.0M | $540.0M | $682.0M | $977.0M | $1.43B |
| Dividends paid | -$17.0M | -$42.0M | -$71.0M | -$107.0M | -$181.0M |
| Net share buybacks | -$430.0M | -$400.0M | -$250.0M | -$500.0M | -$754.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $563.0M
- Total assets
- $13.25B
- Total liabilities
- $7.52B
- Total debt
- $4.51B
- Net debt
- $3.95B
- Shareholders’ equity
- $5.73B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 7, 2026 | $0.14 | Aug 25, 2026 |
| May 8, 2026 | $0.12 | May 26, 2026 |
| Feb 6, 2026 | $0.12 | Feb 25, 2026 |
| Nov 7, 2025 | $0.12 | Nov 25, 2025 |
| Aug 8, 2025 | $0.12 | Aug 25, 2025 |
| May 9, 2025 | $0.10 | May 27, 2025 |
| Feb 7, 2025 | $0.10 | Feb 25, 2025 |
| Nov 8, 2024 | $0.08 | Nov 25, 2024 |
Short interest
- Shares sold short
- 9,867,638
- Days to cover
- 2.07
- Change vs previous report
- +16.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 1, 2016
- 667-for-500
- Oct 6, 2016
- 1-for-3
- Jun 12, 2000
- 2-for-1
- Feb 26, 1999
- 2-for-1
- Feb 27, 1995
- 2-for-1