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.

Howmet Aerospace HWM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	35%+2.9pp	34.2%+3.1pp	33.4%+3.0pp	32.7%+3.0pp	32.2%+3.6pp
Operating margin	26.7%+3.4pp	24.8%+2.8pp	25.1%+4.3pp	24.4%+4.6pp	23.3%+4.5pp
Net margin	20.2%+3.6pp	18.3%+2.7pp	18.2%+3.4pp	18.1%+4.9pp	16.6%+4.1pp
EBITDA margin	30.1%+3.1pp	28.2%+2.5pp	28.7%+4.1pp	28%+4.4pp	27%+4.3pp
Free cash flow margin	19.2%+5.7pp	17.3%+4.2pp	16%+2.3pp	13.2%-0.5pp	13.5%+1.5pp
Returns
Return on equity	33.8%+5.5pp	30.4%+3.6pp	30.1%+4.3pp	30%+6.8pp	28.3%+6.4pp
Return on assets	14.6%+2.8pp	13.9%+2.9pp	13.3%+2.9pp	12.9%+3.9pp	11.9%+3.5pp
Return on invested capital	23.7%+4.6pp	21.9%+3.4pp	20.9%+3.6pp	20.7%+5.2pp	19.1%+4.9pp
Efficiency
Asset turnover	0.7×0.0×	0.8×+0.1×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	2.9×+0.1×	2.9×+0.1×	2.7×0.0×	2.7×-0.1×	2.8×-0.1×
Liquidity
Current ratio	2.4×+0.1×	2.1×0.0×	2.4×+0.1×	2.3×+0.8×	2.3×+0.3×
Quick ratio	1.6×+0.5×	1.1×+0.1×	1.1×+0.2×	1.1×+0.3×	1.1×+0.2×
Cash ratio	1.1×+0.7×	0.4×+0.1×	0.4×+0.1×	0.3×0.0×	0.3×0.0×
Leverage
Debt-to-equity	1×+0.2×	0.6×-0.2×	0.7×-0.1×	0.7×-0.2×	0.7×-0.2×
Debt-to-assets	0.4×+0.1×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	1.1×-0.3×	1.1×-0.5×	1.2×-0.5×	1.3×-0.5×	1.4×-0.7×
Per Share
Book value per share	$13.70+16.4%	$13.18+18.7%	$12.70+15.6%	$12.42+19.3%	$11.77+18.7%
Valuation
Market capitalization	$92.4B+75.9%	$82.52B+85.7%	$79.11B+93.3%	$71.28B+125%	$52.54B+87.1%
Enterprise value	$95.26B+71.7%	$84.99B+79.5%	$81.8B+85.9%	$74.16B+113%	$55.49B+76.8%
Price / earnings	53×+11.1×	54.7×+16.3×	54.6×+16.6×	51×+17.1×	41.8×+9.2×
Price / sales	10.7×+3.8×	10×+4.0×	9.9×+4.3×	9.2×+4.8×	7×+2.9×
Price / book	16.7×+5.8×	15.4×+5.7×	15.4×+6.3×	14.1×+6.7×	11×+4.1×
EV / EBITDA	36.7×+9.5×	36.5×+11.7×	35.8×+11.2×	34.3×+13.5×	27.2×+7.1×
EV / sales	11×+3.7×	10.3×+3.9×	10.3×+4.2×	9.6×+4.7×	7.4×+2.8×
Free cash flow yield	1.8%-0.1pp	1.7%-0.5pp	1.6%-0.8pp	1.4%-1.6pp	1.9%-1.0pp
Earnings yield	1.9%-0.5pp	1.8%-0.8pp	1.8%-0.8pp	2%-1.0pp	2.4%-0.7pp
PEG ratio	1.4×+0.5×	1.8×+1.0×	1.6×+1.0×	1×+0.6×	0.9×+0.5×

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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.