Howmet Aerospace Inc.
HWM
Rank in Stocks
#284
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and... 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.
Share Price
$211.53
Market Cap
$84.36B
Change (1 day)
-4.08%
Change (1 year)
9.87%
Country
US
Trade Howmet Aerospace Inc. (HWM)
Category
Industrials
P/E ratio for Howmet Aerospace Inc. (HWM)
P/E ratio as of October 2026 TTM: 46.59
According to Howmet Aerospace Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.59. At the end of 2023 the company had a P/E ratio of 29.16.
P/E ratio history for Howmet Aerospace Inc. from 2014 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 46.59 | 20.60% |
| 2024 | 38.63 | 32.50% |
| 2023 | 29.16 | -16.59% |
| 2022 | 34.96 | -34.07% |
| 2021 | 53.03 | -9.90% |
| 2020 | 58.86 | 106.95% |
| 2019 | 28.44 | 126.97% |
| 2018 | 12.53 | -107.06% |
| 2017 | -177.37 | 2,370.39% |
| 2016 | -7.18 | -75.15% |
| 2015 | -28.90 | -152.56% |
| 2014 | 54.98 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| -89.51 | -292.12% |
US
|
|
| 36.04 | -22.65% |
US
|
|
| 32.43 | -30.39% |
US
|
|
| - | - |
NL
|
|
| 33.82 | -27.40% |
FR
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.