Howmet Aerospace Inc. (HWM) vs Northrop Grumman Corporation (NOC)
Howmet Aerospace Inc. and Northrop Grumman Corporation are both Aerospace & Defense companies. Howmet Aerospace Inc. is the larger, with a market value of $91.7B against $72.4B — 1.3× the size. Northrop Grumman Corporation trades at the lower P/E: 16.2× against 49.9×. Howmet Aerospace Inc. grew revenue faster over the last twelve months: 18.1% against 5.90%. Howmet Aerospace Inc. has the higher net margin (20.5% vs 10.5%) and the higher return on invested capital (16.9% vs 9.58%). Both pay a dividend; Northrop Grumman Corporation yields more (1.73% vs 0.29%). Across the 23 metrics below, Howmet Aerospace Inc. leads on 14 and Northrop Grumman Corporation on 9.
Valuation
Profitability
| Metric | HWM | NOC | Aerospace & Defense median |
|---|---|---|---|
| Gross margin | 36.03% | 20.06% | 25.48% |
| Operating margin | 27.37% | 10.72% | 4.54% |
| Net margin | 20.51% | 10.48% | 2.22% |
| Free cash flow margin | 22.12% | 8.50% | 0.00% |
| Return on equity | 34.89% | 26.96% | 6.43% |
| Return on assets | 15.39% | 8.97% | 2.70% |
| Return on invested capital | 16.91% | 9.58% | 1.56% |
Growth
Health
Dividend
Size
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