Pricing Log in Create free account
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

205.70 4.94 +2.46%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Howmet Aerospace Inc. (HWM) trades at a P/B ratio of 13.9×. Over the past ten years it has ranged from 0.5× (January 2016) to 20.6× (June 2026); the current reading is higher than 88% of that period. That is above the Aerospace & Defense industry median of 2.7× and above the Industrials sector median of 2.2×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 15.5× 56.01%
FY2024 9.9× 78.41%
FY2023 5.6× 21.32%
FY2022 4.6× 15.60%
FY2021 4.0× 12.90%
FY2020 3.5× 19.18%
FY2019 2.9× 98.66%
FY2018 1.5× (42.70%)
FY2017 2.6× 55.29%
FY2016 1.7× 141.96%

Quarterly newest first

Period P/B ratio Change
Sep 2026 15.6× (16.73%)
Jun 2026 18.8× 12.11%
Mar 2026 16.7× 8.16%
Dec 2025 15.5× (0.45%)
43 more quarters

Against its own ten years

Low 0.5× High 20.6×
Ten-year median 3.1×
Current reading's percentile 87

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
HONA Honeywell Aerospace inc. compare n/m
LHX L3Harris Technologies Inc compare 2.4×
GD General Dynamics Corporation compare 3.5×
NOC Northrop Grumman Corporation compare 4.0×
HEI Heico Corporation compare 9.1×
LMT Lockheed Martin Corporation compare 13.2×
HWM Howmet Aerospace Inc. 13.9×
BA The Boeing Company compare 20.9×
Aerospace & Defense industry median 2.7×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on HWM