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Saturday 17 October 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. In the quarter to June 2026, revenue grew 24.1%, EPS grew 31.7%, free cash flow grew 38.0% and total debt rose 24.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five.

220.96 1.26 +0.57%
Market cap
$87.6B
P/E
47.4×
Fwd P/E
48.4×
Dividend yield
0.23%
F-score
8/9
Altman Z
10.60
Beneish M
−2.55
Dividend safety
78/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Howmet Aerospace Inc. (HWM) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Howmet Aerospace Inc. (HWM) trades at a P/B ratio of 15.4×. Over the past ten years it has ranged from 0.4× (November 2016) to 20.6× (June 2026); the current reading is higher than 92% of that period. That is above the Aerospace & Defense industry median of 2.6× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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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× 56.40%
FY2019 2.2× 98.68%
FY2018 1.1× (42.70%)
FY2017 2.0× 55.30%
FY2016 1.3× 84.35%

Quarterly newest first

Period P/B ratio Change
Jun 2026 18.8× 12.11%
Mar 2026 16.7× 8.16%
Dec 2025 15.5× (0.45%)
Sep 2025 15.5× 3.08%
42 more quarters

Against its own ten years

Low 0.4× High 20.6×
Ten-year median 3.0×
Current reading's percentile 91

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc compare 2.3×
GD General Dynamics Corporation compare 3.5×
NOC Northrop Grumman Corporation compare 4.1×
HEI.A Heico Corporation compare 6.5×
HEI Heico Corporation compare 8.6×
LMT Lockheed Martin Corporation compare 14.5×
HWM Howmet Aerospace Inc. 15.4×
BA The Boeing Company compare 24.6×
Aerospace & Defense industry median 2.6×
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 →

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