Howmet Aerospace HWM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35%+0.9pp | 34.2%+0.7pp | 33.4%+0.7pp | 32.7%+0.5pp | 32.2%+1.1pp | |
| Operating margin | 26.7%+1.9pp | 24.8%-0.3pp | 25.1%+0.7pp | 24.4%+1.1pp | 23.3%+1.3pp | |
| Net margin | 20.2%+2.0pp | 18.3%+0.1pp | 18.2%+0.1pp | 18.1%+1.5pp | 16.6%+1.1pp | |
| Returns | ||||||
| Return on equity | 33.8%+3.4pp | 30.4%+0.4pp | 30.1%+0.1pp | 30%+1.7pp | 28.3%+1.4pp | |
| Return on invested capital | 23.7%+1.8pp | 21.9%+1.0pp | 20.9%+0.2pp | 20.7%+1.6pp | 19.1%+0.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.8×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.4×+0.3× | 2.1×-0.2× | 2.4×0.0× | 2.3×0.0× | 2.3×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1×+0.4× | 0.6×-0.1× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Net debt / EBITDA | 1.1×0.0× | 1.1×-0.1× | 1.2×-0.2× | 1.3×-0.1× | 1.4×-0.1× | |
| Per Share | ||||||
| Book value per share | $13.70+3.9% | $13.18+3.8% | $12.70+2.3% | $12.42+5.5% | $11.77+6.0% | |
| Valuation | ||||||
| Market capitalization | $92.4B+12.0% | $82.52B+4.3% | $79.11B+11.0% | $71.28B+35.7% | $52.54B+18.3% | |
| Price / earnings | 53×-1.7× | 54.7×+0.2× | 54.6×+3.5× | 51×+9.2× | 41.8×+3.4× | |
| Price / sales | 10.7×+0.7× | 10×+0.1× | 9.9×+0.7× | 9.2×+2.3× | 7×+1.0× | |
| Price / book | 16.7×+1.3× | 15.4×0.0× | 15.4×+1.2× | 14.1×+3.2× | 11×+1.2× | |
| EV / EBITDA | 36.7×+0.2× | 36.5×+0.7× | 35.8×+1.5× | 34.3×+7.1× | 27.2×+2.5× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Howmet Aerospace's profit margins?
- Howmet Aerospace (HWM) runs a 35.0% gross margin and a 26.7% operating margin, with a 20.2% net margin.
- Where do Howmet Aerospace's ratios come from?
- Every ratio is computed from Howmet Aerospace's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
