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HWM

HWM

Industrials · Aerospace & Defense

$280.28+3.64%
Mkt Cap: $112.14BDY: 0.18%

Performance

HWM (HWM) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

HWM (HWM) operates in the Aerospace & Defense space within the Industrials sector. With a market cap of $112.1B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case6
  • Forward P/E (46.5×) is lower than trailing P/E (65.2×) — analysts expect earnings to improve
  • Revenue growth of 19% YoY shows solid business momentum
  • Earnings grew 71% YoY — bottom-line is expanding fast
  • Exceptional profit margin of 20.2% — the business retains a large share of each dollar earned
  • ROE of 33.8% shows management efficiently converts equity into profit
  • Current ratio of 2.4× — ample short-term liquidity
Bear Case3
  • High P/E of 65.2× implies high expectations already priced in — leaves little room for disappointment
  • High debt-to-equity of 87.79× increases financial risk, especially with elevated interest rates
  • Price is near its 52-week high — limited near-term upside, higher pullback risk

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

0.18%

5Y Avg Annual

$0.2420

Last Payment

$0.1200

Ex-Date

05/08/2026

Annual dividends paid per share

2016
2021
2026
Ex-DatePaymentAmountEst. DY
Latest05/08/2026
05/26/2026$0.12000.17%
02/06/2026
02/24/2026$0.12000.17%
11/07/2025
11/25/2025$0.12000.17%
08/08/2025
08/26/2025$0.12000.17%
05/09/2025
05/27/2025$0.10000.14%
02/07/2025
02/25/2025$0.10000.14%
11/08/2024
11/26/2024$0.08000.11%
08/09/2024
08/27/2024$0.08000.11%

Magic Number

Shares needed to self-fund your next purchase

$280.28

Price

÷

$0.1200

Last div. (quarterly)

=

2,336

shares

Own 2,336 HWM shares ($654,734.08) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$654,734.08

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Aug 6, 2026

51

days

EPS (TTM)

$4.30

P/E (TTM)

65.2

Fwd P/E

46.5

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$112.14B
P/E Ratio65.18
Forward P/E46.55
P/B Ratio
PEG Ratio0.80
EPS (TTM)$4.30

Trading

Open
Day High
Day Low
52W High$280.74
52W Low$169.06
Volume
Avg Volume (3M)2,380,280
Beta1.19

Dividends

Dividend Yield0.18%
Annual Rate$0.48
Ex-Div Date2026-05-08
Payout Ratio10.67%

Profitability

Profit Margin20.23%
Operating Margin28.19%
ROE33.82%
ROA11.92%
Revenue Growth19.10%
Earnings Growth71.40%

Balance Sheet

Total Revenue$8.62B
Total Debt$4.85B
Debt / Equity87.79
Current Ratio2.44
Free Cash Flow$1.19B

Fair Value Estimates

Current price: $280.28

Graham Number

√(22.5 × EPS × Book Value)

$36.50

-87.0% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$3.37

-98.8% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

10Y hist.

10+ years of dividend history

Dividend consistency (5Y+)

10 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

33.8%

Return on equity — measures how efficiently capital is used

Positive profit margin

20.2%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+19.1%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+71.4%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

87.79×

Low financial leverage reduces risk of distress

Current ratio above 1

2.44×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$667M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

0.18%

Stock must distribute income to shareholders

Related Assets

Industrials

About HWM

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

Sector

Industrials

Industry

Aerospace & Defense

Location

Pittsburgh, United States

Employees

25,430