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Howmet Aerospace

HWM

Howmet Aerospace Inc. is a global provider of advanced engineered solutions for the aerospace, defense, and commercial transportation industries.

Market cap
$108.66B+48.7%
Revenue$8.6B+14.2%
Net income$1.7B+38.9%
Free cash flow$1.7B+63.0%
EPS (diluted)$4.31+40.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$2.4B
EPS estimate$1.24

Financials

Q1 2026

Income statement

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Revenue$2.3B+19.1%
Gross profit$854.0M+31.0%
Operating income$753.0M+52.4%
Net income$580.0M+68.6%
EPS (diluted)$1.44+71.4%

Balance sheet

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Cash & equivalents$2.4B+354%
Total debt$5.3B+52.1%
Total equity$5.5B+15.2%
Total assets$13.1B+21.3%

Cash flow

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Operating cash flow$453.0M+79.1%
CapEx$94.0M-21.0%
Free cash flow$359.0M+168%

Valuation & ratios

Valuation

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Market cap$108.66B+48.7%
Enterprise value$111.52B+46.8%
P/E62.3×+10.0×
P/S12.6×+3.1×

Profitability

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Gross margin35%+2.9pp
Operating margin26.7%+3.4pp
Net margin20.2%+3.6pp
FCF margin19.2%+5.7pp

Returns & leverage

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Return on equity33.8%+5.5pp
Debt / equity+0.2×
Current ratio2.4×+0.1×

Segments

By product

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Aerospace - Commercial$1.2B+19.6%
Aerospace - Defense$366.0M+9.9%
Commercial Transportation$346.0M+13.4%
Gas Turbines$284.0M

By segment

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Engine Products$1.3B+28.6%
Fastening Systems$471.0M+14.3%

Competitors

Profile

Howmet Aerospace Inc. is a global provider of advanced engineered solutions for the aerospace, defense, and commercial transportation industries. The company specializes in mission-critical components including jet engine parts, aerospace fastening systems, and airframe structural components that enhance fuel efficiency and performance. Its technological capabilities support next-generation aircraft programs and sustainable transportation through lightweight, high-strength materials.

Competitive position

A market leader in most principal markets, leveraging proprietary material compositions and advanced manufacturing processes for mission-critical applications.

GeographiesNorth America, Europe, Asia, Australia, South America
Customer segmentsCommercial Airlines, Defense Contractors, Logistics and Transportation, Energy Utilities
Business modelAdvanced manufacturing, Material science engineering, B2B component manufacturing
SuppliersTitanium sponge suppliers, Nickel and cobalt suppliers, Aluminum alloy providers, Energy providers
CustomersJet engine OEMs, Aircraft airframe manufacturers, Commercial truck and bus fleets, Data center power generation operators
Listed2016
Employees23.2K
CEOJohn C. Plant
Websitehowmet.com
FilingsSEC EDGAR

Questions, answered.

What is Howmet Aerospace's market cap?
Howmet Aerospace (HWM) has a market capitalization of $108.66B and trades on NYSE.
What is Howmet Aerospace's revenue and profitability?
Howmet Aerospace generated $8.6B in trailing twelve-month revenue with net income of $1.7B, representing a net margin of 20.2%. Gross margin stands at 35.0%, with free cash flow of $1.7B. These figures are based on the Q1 2026 filing.
Who are Howmet Aerospace's competitors?
Howmet Aerospace's key competitors include ATI Inc., GE Aerospace, Air Industries Group, and others. These companies compete in similar markets and product categories.
Who does Howmet Aerospace partner with?
Howmet Aerospace's notable partners include Alcoa Corporation, United Autoworkers.
What subsidiaries does Howmet Aerospace have?
Howmet Aerospace's subsidiaries include Consolidated Aerospace Manufacturing, LLC, Brunner Manufacturing Co. Inc..
Where is Howmet Aerospace headquartered?
Howmet Aerospace is headquartered in United States of America and employs approximately 23,200 people. It has been publicly traded since 2016.