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

Howmet Aerospace Inc. (HWM) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Howmet Aerospace Inc. (HWM) trades at a price to free cash flow of 43.8×. Over the past ten years it has ranged from 0.0× (March 2021) to 378× (June 2021); the current reading is higher than 68% of that period. That is above the Aerospace & Defense industry median of 32.0× and above the Industrials sector median of 20.1×.

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
Jun 2026 53.3× 8.76%
Mar 2026 49.0× (14.77%)
Dec 2025 57.5× (6.32%)
Sep 2025 61.4× (16.15%)
42 more quarters

Against its own ten years

Low 0.0× High 378×
Ten-year median 30.4×
Current reading's percentile 68

Price to free cash flow against peers

Company Price to free cash flow
BA The Boeing Company compare n/m
GD General Dynamics Corporation compare 14.4×
LMT Lockheed Martin Corporation compare 14.6×
LHX L3Harris Technologies Inc compare 16.5×
NOC Northrop Grumman Corporation compare 20.3×
HEI.A Heico Corporation compare 31.6×
TDG Transdigm Group Incorporated compare 33.9×
HEI Heico Corporation compare 42.0×
HWM Howmet Aerospace Inc. 43.8×
Aerospace & Defense industry median 32.0×
Industrials sector median 20.1×
Market median 14.2×

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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