Howmet Aerospace Inc. HWM
- Market cap
- $91.7B
- P/E
- 49.9×
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Howmet Aerospace Inc. (HWM) EV/EBITDA
As of 25 September 2026, Howmet Aerospace Inc. (HWM) trades at a EV/EBITDA of 34.5×. Over the past ten years it has ranged from 4.7× (August 2015) to 47.0× (March 2026); the current reading is higher than 90% of that period. That is above the Aerospace & Defense industry median of 18.7× and above the Industrials sector median of 12.9×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 36.6× | 47.38% |
| FY2024 | 24.8× | 44.99% |
| FY2023 | 17.1× | 3.07% |
| FY2022 | 16.6× | (1.95%) |
| FY2021 | 16.9× | 2.83% |
| FY2020 | 16.5× | 43.28% |
| FY2019 | 11.5× | 112.01% |
| FY2018 | 5.4× | (33.67%) |
| FY2017 | 8.2× | 25.74% |
| FY2016 | 6.5× | (13.52%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 39.7× | 9.21% |
| Mar 2026 | 36.3× | (0.60%) |
| Dec 2025 | 36.6× | 2.35% |
| Sep 2025 | 35.7× | (0.98%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| RKLB Rocket Lab Corporation compare | n/m |
| LMT Lockheed Martin Corporation compare | 12.6× |
| NOC Northrop Grumman Corporation compare | 13.8× |
| GD General Dynamics Corporation compare | 14.3× |
| LHX L3Harris Technologies Inc compare | 14.6× |
| TDG Transdigm Group Incorporated compare | 18.7× |
| BA The Boeing Company compare | 26.8× |
| HEI Heico Corporation compare | 31.1× |
| HWM Howmet Aerospace Inc. | 34.5× |
| Aerospace & Defense industry median | 18.7× |
| Industrials sector median | 12.9× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on HWM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement