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.
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Howmet Aerospace Inc. (HWM) P/E ratio
As of 16 October 2026, Howmet Aerospace Inc. (HWM) trades at a P/E ratio of 47.4×. Over the past ten years it has ranged from 0.0× (December 2018) to 128× (June 2021); the current reading is higher than 76% of that period. That is above the Aerospace & Defense industry median of 31.8× and above the Industrials sector median of 24.7×.
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× | 117.27% |
| FY2019 | 22.3× | 129.01% |
| FY2018 | 9.7× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 57.7× | 8.65% |
| Mar 2026 | 53.1× | (3.13%) |
| Dec 2025 | 54.8× | 0.29% |
| Sep 2025 | 54.7× | 1.02% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NOC Northrop Grumman Corporation compare | 16.5× |
| LMT Lockheed Martin Corporation compare | 20.3× |
| GD General Dynamics Corporation compare | 20.7× |
| LHX L3Harris Technologies Inc compare | 25.0× |
| TDG Transdigm Group Incorporated compare | 34.6× |
| HEI.A Heico Corporation compare | 38.3× |
| HWM Howmet Aerospace Inc. | 47.4× |
| HEI Heico Corporation compare | 51.0× |
| BA The Boeing Company compare | 71.2× |
| Aerospace & Defense industry median | 31.8× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
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)
More on HWM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement