NYSE: HWM
Howmet Aerospace Inc.
Industrials · Aerospace & Defense
After hours: $288.10(+0.62%) · as of 7:47 PM ET
Market Cap
$114.57B
52w High
$295.28
52w Low
$169.45
P/E
66.17
Volume
1.51M
Outstanding Shares
400.11M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 58.06% over the last year. Revenue grew 14.24% over the trailing twelve months. Operating margin moved from 23.68% to 27.75%. Free cash flow grew 41.24% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (90th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 27.75% — continued expansion would be needed to justify the premium. Revenue growth of 14.24% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions.
Valuation
Stock splits
Every 500 shares became 667
Every 3 shares became 1
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
21
Buy
3
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 6, 2026
Q3 FY26 · EPS est $1.24 · Revenue est $2.43B
View
Dividends
$0.50/shareQuarterly5yr growth streakEx-div Aug 7, 2026 · in 4dSafeHWM pays a dividend with a 0.17% declared yield, 5 consecutive years of growth, growing at 85.56% annually, covered 7.9× by free cash flow.
Declared Yield
0.17%
Annual Div / Share
$0.50
TTM $0.48
5yr CAGR
+85.56%
Doubles every ~1.1yr
Payout Ratio
10.72%
Safe
Dividend Growth Rate
3yr CAGR
+63.86%
5yr CAGR
+85.56%
10yr CAGR
+7.43%
Dividend History
Annual dividends paid per share
Income Projection
Today
$0/mo
In 5 yrs
$0/mo
In 10 yrs
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$2/yr $0/mo | $3/yr+76% $0/mo | $5/yr+211% $0/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.17% → 0.54% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 7.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 85.56% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.