Howmet Aerospace Inc. HWM

232.48 3.10 1.35% as of 25 Sep
Market cap
$91.7B
P/E
49.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Howmet Aerospace Inc. (HWM) Return on invested capital

Howmet Aerospace Inc.'s return on invested capital over the twelve months to 30 June 2026 was 16.9%, up 0.2 percentage points from fiscal 2025 (16.7%). Over the past ten years it has ranged from 1.82% (fiscal 2015) to 16.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 1.56% and above the Industrials sector median of 2.44%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 16.7% 2.72
FY2024 14.0% 3.43
FY2023 10.5% 2.34
FY2022 8.20% 1.57
FY2021 6.63% 1.10
FY2020 5.53% 1.51
FY2019 4.02% (1.01)
FY2018 5.03% 1.91
FY2017 3.12% (2.13)
FY2016 5.25% 3.43

Against its own ten years

Low 1.82% High 16.7%
Ten-year median 5.53%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
LMT Lockheed Martin Corporation compare 22.4%
HWM Howmet Aerospace Inc. 16.9%
TDG Transdigm Group Incorporated compare 14.3%
GD General Dynamics Corporation compare 11.8%
HEI Heico Corporation compare 10.6%
NOC Northrop Grumman Corporation compare 9.58%
BA The Boeing Company compare 8.99%
LHX L3Harris Technologies Inc compare 5.12%
RKLB Rocket Lab Corporation compare −11.5%
Aerospace & Defense industry median 1.56%
Industrials sector median 2.44%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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