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) Operating margin
Howmet Aerospace Inc.'s operating margin over the twelve months to 30 June 2026 was 27.4%, up 2.6 percentage points from fiscal 2025 (24.8%). Over the past ten years it has ranged from 3.70% (fiscal 2017) to 24.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 4.54% and above the Industrials sector median of 5.15%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 24.8% | 2.81 |
| FY2024 | 22.0% | 3.86 |
| FY2023 | 18.1% | 1.89 |
| FY2022 | 16.2% | 1.19 |
| FY2021 | 15.0% | 3.14 |
| FY2020 | 11.9% | 3.74 |
| FY2019 | 8.16% | (3.27) |
| FY2018 | 11.4% | 7.73 |
| FY2017 | 3.70% | (4.00) |
| FY2016 | 7.70% | 2.64 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 27.9% | (4.64) |
| Mar 2026 | 32.6% | 10.00 |
| Dec 2025 | 22.6% | (3.39) |
| Sep 2025 | 26.0% | 0.57 |
| 42 more quarters | Free account |
Against its own ten years
Low 3.70%
High 24.8%
Ten-year median
11.9%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| TDG Transdigm Group Incorporated compare | 46.0% |
| HWM Howmet Aerospace Inc. | 27.4% |
| HEI Heico Corporation compare | 24.0% |
| LMT Lockheed Martin Corporation compare | 11.9% |
| NOC Northrop Grumman Corporation compare | 10.7% |
| LHX L3Harris Technologies Inc compare | 10.5% |
| GD General Dynamics Corporation compare | 10.3% |
| BA The Boeing Company compare | 4.89% |
| RKLB Rocket Lab Corporation compare | −29.1% |
| Aerospace & Defense industry median | 4.54% |
| Industrials sector median | 5.15% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on HWM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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