Howmet Aerospace Inc. HWM
232.48
3.10
1.35%
as of 25 Sep
- Market cap
- $91.7B
- P/E
- 49.9×
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Howmet Aerospace Inc. (HWM) Gross margin
Howmet Aerospace Inc.'s gross margin over the twelve months to 30 June 2026 was 36.0%, up 1.9 percentage points from fiscal 2025 (34.2%). Over the past ten years it has ranged from 18.6% (fiscal 2015) to 34.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 25.5% and above the Industrials sector median of 30.5%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 34.2% | 3.07 |
| FY2024 | 31.1% | 2.98 |
| FY2023 | 28.1% | 0.57 |
| FY2022 | 27.6% | (0.12) |
| FY2021 | 27.7% | 1.41 |
| FY2020 | 26.3% | (0.28) |
| FY2019 | 26.5% | 1.99 |
| FY2018 | 24.6% | 3.42 |
| FY2017 | 21.1% | (0.64) |
| FY2016 | 21.8% | 3.17 |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 37.3% | 0.42 |
| Mar 2026 | 36.9% | 2.05 |
| Dec 2025 | 34.9% | 0.21 |
| Sep 2025 | 34.7% | 1.15 |
| 42 more quarters | Free account |
Against its own ten years
Low 18.6%
High 34.2%
Ten-year median
26.5%
Current reading's percentile
100
Gross margin against peers
| Company | Gross margin |
|---|---|
| TDG Transdigm Group Incorporated compare | 59.6% |
| HEI Heico Corporation compare | 40.4% |
| RKLB Rocket Lab Corporation compare | 37.3% |
| HWM Howmet Aerospace Inc. | 36.0% |
| LHX L3Harris Technologies Inc compare | 25.5% |
| NOC Northrop Grumman Corporation compare | 20.1% |
| GD General Dynamics Corporation compare | 15.4% |
| LMT Lockheed Martin Corporation compare | 11.8% |
| BA The Boeing Company compare | 4.68% |
| Aerospace & Defense industry median | 25.5% |
| Industrials sector median | 30.5% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on HWM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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