Create a free account

US · USD

HWM

Howmet Aerospace Inc

US$228.41+0.99% (US$2.23)
Day's range
US$224.88 – US$229.29
Day's volume
US$326m
52-week range
US$183.71 – US$292.65

Follow HWM on Fuolio

See how HWM weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

HWM in numbers

Market cap
US$91bn
P/E
48.69
P/B
15.89
Dividend yield (12m)
0.22%
Net debt/EBITDA
1.41

The 12-month dividend yield of HWM is 0.22%, below its 5-year average of 0.23%.

HWM price history

02/10/202501/10/2026
Compare with

HWM risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+11.11%+422.08%+680.30%
Volatility (annualised)35.34%36.57%34.27%
Largest drawdown-19.06%-19.06%-19.06%
Positive months7/1224/3638/60

How much did investing in HWM return?

US$1,000.00 invested on 01/10/2021 would be worth US$7,805.00 today.

Value today in HWM
US$7,805.00
Return over the period
+680.50%
Return per year
+50.83%
In the S&P 500
US$1,664.67

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

HWM fundamentals

Valuation

  • P/E
    48.69
  • P/B
    15.89
  • EV/EBITDA
    33.94
  • EV/EBIT
    38.06
  • EV/Revenue
    10.41
  • P/EBIT
    36.48
  • P/S
    9.98
  • P/OCF
    40.98
  • P/FCF
    50.82
  • Earnings yield
    2.63%
  • PEG ratio
    —
  • Earnings per share
    US$4.69
  • Book value per share
    US$14.37

Debt

  • Net debt
    US$3.9bn
  • Net debt/EBITDA
    1.41
  • Net debt/Equity
    0.69
  • Debt/Equity
    0.79
  • Current ratio
    1.82
  • Quick ratio
    0.87
  • Cash ratio
    0.24

Efficiency

  • Gross margin
    —
  • EBITDA margin
    30.69%
  • Operating margin
    27.37%
  • Net margin
    20.52%
  • Asset turnover
    0.69

Profitability

  • ROE
    32.64%
  • ROA
    14.12%
  • ROIC
    21.15%
  • Payout
    10.66%

Growth

  • Revenue CAGR (5 years)
    13.80%
  • Earnings CAGR (5 years)
    44.60%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is HWM's fair price?

Two classic value formulas, with today's numbers. The current price is US$228.41.

Graham's fair price
US$38.95
82.95% below the price

√(22.50 × US$4.69 × US$14.37)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$3.37
98.53% below the price

US$0.20 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

HWM indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E54.5138.3529.0334.6451.6847.4221.899.77
P/B15.369.735.504.513.803.462.241.13
EV/EBITDA36.2924.6317.1516.5716.5516.8214.077.94
Dividend yield0.21%0.24%0.31%0.25%0.13%0.05%0.39%1.42%
Earnings per shareUS$3.76US$2.85US$1.86US$1.14US$0.62US$0.60US$1.08US$1.32
Book value per shareUS$13.35US$11.24US$9.84US$8.73US$8.37US$8.25US$10.53US$11.49
ROE28.17%25.36%18.95%13.02%7.35%7.30%10.24%11.52%
ROIC21.89%18.67%13.23%10.20%8.48%8.44%3.48%5.58%
EBITDA margin28.22%25.71%22.21%20.91%20.47%18.33%15.71%19.93%
Net margin18.27%15.55%11.52%8.28%5.19%4.96%6.62%9.47%
Net debt/EBITDA0.991.442.102.853.453.984.843.30

HWM financial statements

Line202520242023202220212020
Net revenueUS$8.3bnUS$7.4bnUS$6.6bnUS$5.7bnUS$5bnUS$5.3bn
Cost of sales——————
Gross profit——————
EBITDAUS$2.3bnUS$1.9bnUS$1.5bnUS$1.2bnUS$1bnUS$964m
EBITUS$2bnUS$1.6bnUS$1.2bnUS$919mUS$748mUS$626m
Net finance result-US$40m-US$62m-US$8m-US$82m-US$19m-US$74m
Profit before taxUS$1.8bnUS$1.4bnUS$975mUS$606mUS$324mUS$171m
Income tax-US$332m-US$228m-US$210m-US$137m-US$66mUS$40m
Net incomeUS$1.5bnUS$1.2bnUS$765mUS$469mUS$258mUS$261m

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does HWM pay dividends?

Dividend yield per year

  • 0.88%2017
  • 1.42%2018
  • 0.39%2019
  • 0.05%2020
  • 0.13%2021
  • 0.25%2022
  • 0.31%2023
  • 0.24%2024
  • 0.21%2025
  • 0.17%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend06/08/202625/08/2026US$0.14
Dividend07/05/202626/05/2026US$0.12
Dividend05/02/202625/02/2026US$0.12
Dividend06/11/202525/11/2025US$0.12
Dividend07/08/202525/08/2025US$0.12
Dividend08/05/202527/05/2025US$0.10
Dividend06/02/202525/02/2025US$0.10
Dividend07/11/202425/11/2024US$0.08
Dividend08/08/202426/08/2024US$0.08
Dividend08/05/202428/05/2024US$0.05
Dividend07/02/202426/02/2024US$0.05
Dividend08/11/202327/11/2023US$0.05
See all 35 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend02/08/202325/08/2023US$0.04
Dividend03/05/202325/05/2023US$0.04
Dividend08/02/202327/02/2023US$0.04
Dividend02/11/202225/11/2022US$0.04
Dividend03/08/202225/08/2022US$0.02
Dividend04/05/202225/05/2022US$0.02
Dividend02/02/202225/02/2022US$0.02
Dividend03/11/202125/11/2021US$0.02
Dividend04/08/202125/08/2021US$0.02
Dividend05/02/202025/02/2020US$0.02
Dividend06/11/201925/11/2019US$0.02
Dividend31/07/201925/08/2019US$0.02
Dividend01/05/201925/05/2019US$0.02
Dividend06/02/201925/02/2019US$0.05
Dividend31/10/201825/11/2018US$0.05
Dividend01/08/201825/08/2018US$0.05
Dividend02/05/201825/05/2018US$0.05
Dividend31/01/201825/02/2018US$0.05
Dividend01/11/201725/11/2017US$0.05
Dividend01/08/201725/08/2017US$0.05
Dividend02/05/201725/05/2017US$0.05
Dividend31/01/201725/02/2017US$0.05
Dividend07/11/201625/11/2016US$0.07

About Howmet Aerospace

Sector
Manufacturing

Questions about HWM

How much is HWM today?

HWM is at US$228.41 (0.99% on the day), last traded on 01/10/2026.

How much did HWM pay in dividends in 2025?

HWM paid US$0.44 per share in 2025, a dividend yield of 0.21%.

What are the P/E and P/B of HWM?

HWM trades at a P/E of 48.69 and a P/B of 15.89.

How much did HWM return in 12 months?

HWM returned 11.11% in 12 months, with annualised volatility of 35.34% and a largest drawdown of -19.06%.