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/S ratio
As of 16 October 2026, Howmet Aerospace Inc. (HWM) trades at a P/S ratio of 9.7×. Over the past ten years it has ranged from 0.3× (January 2016) to 13.2× (June 2026); the current reading is higher than 91% of that period. That is above the Aerospace & Defense industry median of 3.6× and above the Industrials sector median of 1.5×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 10.0× | 67.13% |
| FY2024 | 6.0× | 80.15% |
| FY2023 | 3.3× | 16.19% |
| FY2022 | 2.9× | 4.23% |
| FY2021 | 2.8× | 17.07% |
| FY2020 | 2.4× | 104.59% |
| FY2019 | 1.1× | 157.75% |
| FY2018 | 0.4× | (39.82%) |
| FY2017 | 0.7× | 42.26% |
| FY2016 | 0.5× | 21.06% |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 11.8× | 10.07% |
| Mar 2026 | 10.7× | 6.77% |
| Dec 2025 | 10.0× | 1.22% |
| Sep 2025 | 9.9× | 1.82% |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| BA The Boeing Company compare | 1.6× |
| LMT Lockheed Martin Corporation compare | 1.7× |
| GD General Dynamics Corporation compare | 1.7× |
| NOC Northrop Grumman Corporation compare | 1.7× |
| LHX L3Harris Technologies Inc compare | 2.0× |
| HEI.A Heico Corporation compare | 6.3× |
| TDG Transdigm Group Incorporated compare | 6.5× |
| HEI Heico Corporation compare | 8.4× |
| HWM Howmet Aerospace Inc. | 9.7× |
| Aerospace & Defense industry median | 3.6× |
| Industrials sector median | 1.5× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (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/E 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