Howmet Aerospace Inc. HWM

232.48 3.10 1.35% as of 25 Sep
Market cap
$91.7B
P/E
49.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 4.7× High 47.0×
Ten-year median 12.4×
Current reading's percentile 90

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)

The full definition of EV/EBITDA →

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