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

204.99 4.23 +2.11%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Howmet Aerospace Inc. (HWM) trades at a price to free cash flow of 37.2×. Over the past ten years it has ranged from 0.0× (March 2021) to 378× (June 2021); the current reading is higher than 62% of that period. That is above the Aerospace & Defense industry median of 31.7× and above the Industrials sector median of 19.6×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 57.5× 27.10%
FY2024 45.3× 39.84%
FY2023 32.4× 19.11%
FY2022 27.2× (44.02%)
FY2021 48.5× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 41.8× (21.69%)
Jun 2026 53.3× 8.76%
Mar 2026 49.0× (14.77%)
Dec 2025 57.5× (6.32%)
43 more quarters

Against its own ten years

Low 0.0× High 378×
Ten-year median 30.5×
Current reading's percentile 62

Price to free cash flow against peers

Company Price to free cash flow
HONA Honeywell Aerospace inc. compare n/m
LHX L3Harris Technologies Inc compare 13.2×
LMT Lockheed Martin Corporation compare 15.9×
GD General Dynamics Corporation compare 16.7×
NOC Northrop Grumman Corporation compare 17.8×
TDG Transdigm Group Incorporated compare 35.5×
HWM Howmet Aerospace Inc. 37.2×
HEI Heico Corporation compare 44.3×
BA The Boeing Company compare 1,305×
Aerospace & Defense industry median 31.7×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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