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Howmet Aerospace

NYSE: HWM

Stock price

264.04 USD

(+0%) TODAY

Aerospace & Defense

Financial Performance

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5Y price score: 991

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 1,115.1%

DATE RANGE:

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    170.8

    52-week range

    310.0

    264.04

    Your model inputs

    Required return / cost of capital
    %
    FCFF terminal growth rate
    %

    Your fair value & Margin of safety

    To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

    Forecast:

    Valuation

    Free Cash Flow Yield

    Help
    FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

    1.5 %

    Dividend Yield TTM

    0.2 %

    Market cap $

    $ 105,644

    Price / Earnings TTM

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    P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

    56.9

    Price / Book TTM

    18.4

    PEG TTM

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    Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

    1.7

    Earnings growth and return

    LTM

    5YR

    10YR

    Total return (price & dividends)

    54.4 %

    704.6 %

    1,115.1 %

    Free cash flow per share growth

    41 %

    699.7 %

    284.5 %

    Earnings per share growth

    33 %

    672.9 %

    608.2 %

    Founded: 1,888

    Employees: 23,930

    Business Summary:Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.

    Fair Value Reference Estimate

    Latest Earnings Call Takeaways

    2026 Q2 (Aug 6, 2026)

    1) Strong Financial Performance - Headline revenues increased by 24% YoY, with organic growth at 21%. - EBITDA margin improved to 32.1%, up 340 basis points YoY. - Earnings per share (EPS) rose 46% YoY to $1.33. - Free cash flow for Q2 was nearly $0.5 billion, totaling approximately $840 million for the first half of 2026. - Share repurchases amounted to $600 million in H1 2026, with an additional $200 million in July.

    2) Segment Growth and Market Dynamics - Commercial aerospace revenue surged 28%, driven by strong demand for new builds and spares. - Defense aerospace grew 11%, with solid spares activity. - Gas turbine revenue increased by 38%, fueled by rising electricity generation demand. - Fastening Systems revenue rose 37%, bolstered by CAM and Brunner acquisitions. - Engine Products segment saw a 32% revenue increase, with EBITDA growth of 51%.

    3) Operational Challenges and Strategic Focus - The CAM acquisition integration is on track, with a focus on achieving synergies in 2027. - The Engineered Structures segment experienced a 13% revenue decline due to divestitures. - Fastening Systems margins were impacted by the CAM acquisition but are expected to improve as synergies materialize. - The company is investing heavily in capital expenditures, projected to exceed $500 million in 2026, to support growth.

    4) Guidance and Future Outlook - Q3 2026 guidance includes revenue of approximately $2.575 billion, EBITDA of $830 million, and EPS of $1.35. - Full-year revenue guidance raised to $10.05 billion, with EBITDA of $3.23 billion and free cash flow of $1.9 billion. - The company anticipates continued strong demand in commercial aerospace and gas turbines, with a focus on maintaining a 90% free cash flow conversion rate.

    5) Conclusion and Investor Considerations - The call provided comprehensive insights into Howmet's robust performance and strategic direction, but specific details on the CAM acquisition synergies and the impact of geopolitical factors on demand were less clear. - Bottom line: Howmet Aerospace is positioned for sustained growth with strong financials, strategic investments, and a positive outlook, making it an attractive option for shareholders.

    Annual Reports, Presentations And IR Contacts

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    Howmet Aerospace — Financial Overview, Stock Price, Market Cap

    Howmet Aerospace is a company. Founded in 1888. As of August 26, 2026, the company's market capitalization is $105644379811 with a current stock price of $264.04.