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.
Follow HWM
Howmet Aerospace Inc. (HWM) 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
Embed this chart
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 | Free account |
Against its own ten years
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)))
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/E ratio
- P/S ratio
- P/B ratio
- 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