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

201.48 12.08 −5.66%
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

Howmet Aerospace Inc. (HWM) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Howmet Aerospace Inc. (HWM) trades at a P/E ratio of 39.3×. Over the past ten years it has ranged from 0.0× (December 2018) to 128× (June 2021); the current reading is higher than 65% of that period. That is above the Aerospace & Defense industry median of 28.5× and above the Industrials sector median of 23.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 54.8× 41.34%
FY2024 38.8× 34.26%
FY2023 28.9× (17.17%)
FY2022 34.9× (35.36%)
FY2021 53.9× 11.53%
FY2020 48.4× 65.56%
FY2019 29.2× 128.98%
FY2018 12.8× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 44.1× (23.50%)
Jun 2026 57.7× 8.65%
Mar 2026 53.1× (3.13%)
Dec 2025 54.8× 0.29%
43 more quarters

Against its own ten years

Low 0.0× High 128×
Ten-year median 32.7×
Current reading's percentile 50

P/E ratio against peers

Company P/E ratio
NOC Northrop Grumman Corporation compare 16.5×
BA The Boeing Company compare 17.9×
LMT Lockheed Martin Corporation compare 20.4×
GD General Dynamics Corporation compare 20.7×
LHX L3Harris Technologies Inc compare 23.8×
TDG Transdigm Group Incorporated compare 36.1×
HWM Howmet Aerospace Inc. 39.3×
HEI Heico Corporation compare 53.7×
HONA Honeywell Aerospace inc. compare —
Aerospace & Defense industry median 28.5×
Industrials sector median 23.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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