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Friday 6 November 2026 Export HWM’s income statement to Excel — free account

Howmet Aerospace Inc.

HWM Industrials Aerospace & Defense

Howmet Aerospace Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 11.1% from fiscal 2024.

Revenue
+29.4%
EPS
+48.4%
Free cash flow
+32.8%
Total debt
+27.1%

Quarter to September 2026, against a year earlier

201.48 12.08 −5.66%
Market cap
$79.9B
P/E
39.3×
Fwd P/E
35.4×
Dividend yield
0.32%
F-score
8/9
Altman Z
10.60
Beneish M
−2.55
Dividend safety
78/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Howmet Aerospace Inc. (HWM) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Howmet Aerospace Inc. (HWM) trades at a EV/EBITDA of 27.4×. Over the past ten years it has ranged from 4.7× (August 2015) to 47.0× (March 2026); the current reading is higher than 85% of that period. That is above the Aerospace & Defense industry median of 16.9× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

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× 17.66%
FY2019 14.0× 117.04%
FY2018 6.4× (34.78%)
FY2017 9.9× 31.23%
FY2016 7.5× 0.24%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 30.6× (22.79%)
Jun 2026 39.7× 9.21%
Mar 2026 36.3× (0.60%)
Dec 2025 36.6× 2.35%
43 more quarters

Against its own ten years

Low 4.7× High 47.0×
Ten-year median 14.2×
Current reading's percentile 85

EV/EBITDA against peers

Company EV/EBITDA
LMT Lockheed Martin Corporation compare 13.4×
BA The Boeing Company compare 13.5×
NOC Northrop Grumman Corporation compare 13.9×
GD General Dynamics Corporation compare 14.6×
LHX L3Harris Technologies Inc compare 14.8×
HONA Honeywell Aerospace inc. compare 15.6×
TDG Transdigm Group Incorporated compare 19.6×
HWM Howmet Aerospace Inc. 27.4×
HEI Heico Corporation compare 32.8×
Aerospace & Defense industry median 16.9×
Industrials sector median 12.4×
Market median 10.9×

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)

The full definition of EV/EBITDA →

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