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Howmet Aerospace Inc

Exchange: NYSE MKTSector: IndustrialsIndustry: Aerospace & Defense

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace, gas turbine and transportation industries. The Company's primary businesses focus on engine components, fastening systems, and airframe structural components necessary for mission-critical performance and efficiency, including in aerospace, defense, and gas turbine applications, as well as forged aluminum wheels for commercial transportation. With approximately 1,200 granted and pending patents, the Company's differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint.

Did you know?

Pays a 0.19% dividend yield.

Current Price

$242.44

-1.51%

GoodMoat Value

$150.52

37.9% overvalued
Profile
Valuation (TTM)
Market Cap$97.48B
P/E64.64
EV$97.21B
P/B18.21
Shares Out402.06M
P/Sales11.81
Revenue$8.25B
EV/EBITDA43.88

Howmet Aerospace Inc (HWM) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Howmet Aerospace is a high-quality, profitable supplier of critical engineered components for the aerospace industry, benefiting from a strong multi-year demand cycle. However, its current valuation appears extremely high, with a P/E of 64.4 and a price significantly above the GoodMoat Target, presenting a major hurdle for value investors seeking a margin of safety.

Read full analysis
Howmet Aerospace manufactures highly engineered components essential for jet engines and airframes, including fasteners, titanium structures, and forged aluminum wheels. Its customers are the major players in aerospace and defense, such as Boeing, Airbus, and engine manufacturers like GE Aerospace and Pratt & Whitney. The company's moat, assessed via the framework, likely stems from several factors: significant **Switching Costs** as its parts are mission-critical and certified for safety, **Scale Privilege** in a capital-intensive forging industry, and **Strategic Partnerships** through long-term contracts with its blue-chip customers. Its financials show strong operational execution with a 24.8% operating margin and a high ROE of 28.2%. For a value investor, the primary concern is **Valuation**. The current P/E of 64.4 is extreme for a company with 14.6% revenue growth, far exceeding the framework's caution on multiples that are high relative to growth. The Free Cash Flow Yield of 1.5% is also low, indicating the market price anticipates near-perfect future execution. This aligns with the 'Extreme Valuation' High Confidence Red Flag. While the business is robust, the stock price offers no margin of safety, making the investment case unfavourable from a traditional value perspective at these levels.

HWM Company Information

Howmet Aerospace Inc. , headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace, gas turbine and transportation industries.

The Company's primary businesses focus on engine components, fastening systems, and airframe structural components necessary for mission-critical performance and efficiency, including in aerospace, defense, and gas turbine applications, as well as forged aluminum wheels for commercial transportation.

With approximately 1,200 granted and pending patents, the Company's differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint.

Sector

Industrials

Industry

Aerospace & Defense

Exchange

NYSE MKT

Country

Pennsylvania, USA

HWM Key Officers

Key officers data coming soon

HWM Company Profile

Howmet Aerospace Inc (HWM) is a Industrials company in the Aerospace & Defense industry. It trades on NYSE MKT. The company is based in Pennsylvania, USA.

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace, gas turbine and transportation industries. The Company's primary businesses focus on engine components, fastening systems, and airframe structural components necessary for mission-critical performance and efficiency, including in aerospace, defense, and gas turbine applications, as well as forged aluminum wheels for commercial transportation. With approximately 1,200 granted and pending patents, the Company's differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint.

Market cap is $97.48B. There are 402.1M shares outstanding. Dividend yield is 0.19%.

See the full Howmet Aerospace Inc profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if HWM is a good investment.