HWM - Howmet Aerospace Inc. Stock Price, Fair Value and News

82.94USD+0.41 (+0.50%)Delayed

Market Summary

USD82.94+0.41

Delayed

0.50%

HWM Alerts

Big jump in Earnings (Y/Y)

HWM Stock Price

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HWM RSI Chart

HWM Valuation

Market Cap

33.9B

Price/Earnings (Trailing)

39.37

Price/Sales (Trailing)

4.93

EV/EBITDA

23.93

Price/Free Cashflow

41.39

HWM Price/Sales (Trailing)

HWM Profitability

EBT Margin

15.42%

Return on Equity

21.05%

Return on Assets

8.26%

Free Cashflow Yield

2.42%

HWM Fundamentals

HWM Revenue

Revenue (TTM)

6.9B

Rev. Growth (Yr)

13.79%

Rev. Growth (Qtr)

5.37%

HWM Earnings

Earnings (TTM)

860.0M

Earnings Growth (Yr)

64.19%

Earnings Growth (Qtr)

2.97%

Breaking Down HWM Revenue

Last 7 days

2.6%

Last 30 days

30.7%

Last 90 days

32.0%

Trailing 12 Months

83.6%

How does HWM drawdown profile look like?

HWM Financial Health

Current Ratio

1.97

Debt/Equity

0.85

Debt/Cashflow

0.3

HWM Investor Care

Dividend Yield

0.22%

Dividend/Share (TTM)

0.18

Buy Backs (1Y)

1.24%

Diluted EPS (TTM)

2.07

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	6.9B	0	0	0
2023	5.9B	6.2B	6.4B	6.6B
2022	5.1B	5.3B	5.4B	5.7B
2021	4.8B	4.8B	4.9B	5.0B
2020	7.0B	6.4B	5.8B	5.3B
2019	12.3B	10.6B	8.8B	7.1B
2018	13.2B	13.5B	13.8B	14.0B
2017	12.5B	12.6B	12.7B	13.0B
2016	12.4B	12.4B	12.4B	12.4B
2015	21.5B	18.9B	15.8B	12.4B
2014	22.7B	22.6B	23.1B	23.9B
2013	23.5B	23.4B	23.3B	23.0B
2012	25.0B	24.4B	23.8B	23.7B
2011	22.1B	23.5B	24.6B	25.0B
2010	19.2B	20.1B	20.8B	21.0B
2009	24.1B	21.0B	18.7B	18.4B
2008	0	28.5B	27.7B	26.9B
2007	0	0	0	29.3B

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Tracking the Latest Insider Buys and Sells of Howmet Aerospace Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 10, 2024	lin lola felice	acquired	-	-	32,381	evp, cl&co and secretary
May 10, 2024	chanatry michael niem	sold (taxes)	-756,458	80.87	-9,354	vice president
May 10, 2024	shultz barbara lou	sold (taxes)	-175,003	80.87	-2,164	vice president and controller
May 10, 2024	giacobbe ken	sold (taxes)	-2,412,030	80.87	-29,826	evp and cfo
May 10, 2024	marchuk neil edward	acquired	-	-	54,173	evp, hr
May 10, 2024	marchuk neil edward	sold (taxes)	-2,704,290	80.87	-33,440	evp, hr
May 10, 2024	lin lola felice	sold (taxes)	-1,616,430	80.87	-19,988	evp, cl&co and secretary
May 10, 2024	shultz barbara lou	acquired	-	-	3,052	vice president and controller
May 10, 2024	giacobbe ken	acquired	-	-	48,318	evp and cfo
May 10, 2024	chanatry michael niem	acquired	-	-	15,375	vice president

Which funds bought or sold HWM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	unchanged	-	14.00	68.00	-%
May 16, 2024	COMERICA BANK	reduced	-3.4	827,966	4,566,950	0.02%
May 16, 2024	JANE STREET GROUP, LLC	added	119	7,683,420	11,997,500	-%
May 16, 2024	Dynasty Wealth Management, LLC	new	-	1,056,310	1,056,310	0.03%
May 16, 2024	Beacon Capital Management, LLC	added	6.6	10,530	28,767	0.01%
May 16, 2024	Garner Asset Management Corp	sold off	-100	-42,106	-	-%
May 16, 2024	Redwood Investment Management, LLC	sold off	-100	-631,000	-	-%
May 16, 2024	Pineridge Advisors LLC	new	-	3,558	3,558	-%
May 16, 2024	Clear Point Advisors Inc.	unchanged	-	5,961	28,476	0.02%
May 16, 2024	Meiji Yasuda Life Insurance Co	unchanged	-	228,359	1,092,010	0.02%

Are Funds Buying or Selling HWM?

Are funds buying HWM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HWM

No. of Funds

HWM Alerts

Big jump in Earnings (Y/Y)

Unveiling Howmet Aerospace Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 08, 2024	blackrock inc.	10.3%	42,223,835	SC 13G/A
Feb 13, 2024	vanguard group inc	10.99%	45,247,674	SC 13G/A
Feb 09, 2024	massachusetts financial services co /ma/	5.6%	23,097,214	SC 13G
Jan 25, 2024	blackrock inc.	8.8%	36,303,161	SC 13G/A
Jun 02, 2023	elliott investment management l.p.	4.2%	17,270,000	SC 13D/A
May 08, 2023	elliott investment management l.p.	5.4%	22,514,375	SC 13D/A
Feb 23, 2023	elliott investment management l.p.	7.6%	31,211,789	SC 13D/A
Feb 09, 2023	vanguard group inc	10.27%	42,507,281	SC 13G/A
Jan 06, 2023	blackrock inc.	10.1%	41,699,014	SC 13G
Sep 09, 2022	vanguard group inc	10.06%	41,783,188	SC 13G/A

Recent SEC filings of Howmet Aerospace Inc.

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 08, 2024	SC 13G/A	Major Ownership Report
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	4	Insider Trading
May 02, 2024	8-K	Current Report
Apr 16, 2024	4	Insider Trading

Peers (Alternatives to Howmet Aerospace Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	113.6B	76.4B	8.72%	-10.70%	-52.82	1.49	8.37%	47.92%
GD	82.1B	43.1B	5.16%	41.81%	24.25	1.9	8.09%	-0.18%
LHX	42.4B	20.2B	11.05%	20.35%	36.17	2.1	15.66%	26.95%
HWM	33.9B	6.9B	30.70%	83.58%	39.37	4.93	15.47%	76.95%
HEI	29.8B	3.2B	9.16%	20.69%	70.11	9.19	38.68%	18.86%
AXON	21.8B	1.7B	-3.68%	43.18%	83.09	12.96	31.69%	90.90%
HII	10.1B	11.6B	-5.81%	27.02%	14.29	0.87	7.53%	24.12%
MID-CAP
CW	10.7B	2.9B	11.46%	69.26%	28.48	3.64	11.39%	20.50%
BWXT	8.1B	2.5B	-4.85%	32.85%	31.91	3.19	11.52%	5.39%
AVAV	5.5B	705.8M	32.20%	77.40%	-51.04	7.73	44.89%	-1159.76%
SMALL-CAP
DCO	856.0M	766.6M	13.00%	39.33%	48.79	1.12	4.98%	-32.31%
SPCE	407.2M	8.4M	5.32%	-77.95%	-0.92	48.52	194.12%	21.45%
ISSC	92.5M	41.0M	-18.87%	-24.21%	14.63	2.26	46.14%	28.25%
CODA	74.1M	642.5K	9.05%	-25.34%	31.44	106.77	-97.11%	-47.43%
ASTC	16.0M	2.0M	-1.36%	-14.45%	-1.45	7.99	456.67%	-18.02%

Howmet Aerospace Inc. News

Latest updates

Howmet Aerospace Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	5.4%	1,824	1,731	1,658	1,648	1,603	1,513	1,433	1,393	1,324	1,285	1,283	1,195	1,209	1,238	1,134	1,253	1,634	1,734	1,794	1,818	1,752
S&GA Expenses	6.0%	88.00	83.00	87.00	88.00	75.00	63.00	73.00	83.00	69.00	61.00	70.00	55.00	65.00	58.00	66.00	74.00	79.00	62.00	89.00	102	178
R&D Expenses	11.1%	10.00	9.00	9.00	9.00	9.00	9.00	7.00	9.00	7.00	4.00	4.00	4.00	5.00	4.00	5.00	4.00	4.00	-0.50	6.00	7.00	22.00
EBITDA Margin	1.6%	0.22*	0.22*	0.21*	0.20*	0.19*	0.19*	0.19*	0.18*	0.18*	0.17*	0.17*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.8%	49.00	52.00	54.00	55.00	57.00	57.00	57.00	57.00	58.00	58.00	63.00	66.00	72.00	44.00	77.00	144	84.00	82.00	85.00	86.00	85.00
Income Taxes	76.5%	60.00	34.00	54.00	50.00	72.00	37.00	24.00	36.00	40.00	1.00	-4.00	36.00	33.00	-35.00	-48.00	-2.00	45.00	61.00	105	-132	70.00
Earnings Before Taxes	12.2%	303	270	242	243	220	148	104	183	171	78.00	23.00	110	113	71.00	-12.00	-86.00	198	128	163	-268	257
EBT Margin	5.0%	0.15*	0.15*	0.13*	0.12*	0.11*	0.11*	0.10*	0.09*	0.08*	0.07*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	3.0%	243	236	188	193	148	111	80.00	147	131	77.00	27.00	74.00	80.00	106	36.00	-96.00	215	118	58.00	-136	86.00
Net Income Margin	8.8%	0.13*	0.12*	0.10*	0.09*	0.08*	0.08*	0.08*	0.07*	0.06*	0.05*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-76.4%	95.00	403	132	188	-41.00	410	23.00	114	-7.00	242	20.00	49.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.2%	10,410	10,428	10,166	10,233	10,174	10,255	9,929	10,052	10,129	9,262	10,357	10,379	10,971	9,535	11,339	11,363	18,465	10,035	17,484	17,913	18,361
Current Assets	0.7%	3,340	3,316	3,111	3,128	3,057	3,143	2,846	2,837	2,782	2,737	2,820	2,799	3,328	3,672	3,600	3,702	6,948	5,843	5,908	6,018	6,053
Cash Equivalents	-12.5%	534	610	424	535	537	791	454	538	522	722	726	716	1,239	1,611	1,368	1,285	2,643	1,703	1,324	1,360	1,326
Inventory	1.0%	1,783	1,765	1,748	1,715	1,662	1,609	1,612	1,563	1,483	1,402	1,420	1,456	1,453	1,488	1,592	1,673	2,512	1,607	2,555	2,606	2,612
Net PPE	-1.5%	2,294	2,328	2,296	2,319	2,321	2,332	2,288	2,340	2,400	2,467	2,483	2,515	2,524	2,592	2,552	2,558	5,358	2,629	5,377	5,517	5,727
Goodwill	-0.4%	4,020	4,035	4,007	4,026	4,024	4,013	3,965	4,012	4,053	4,067	4,077	4,090	4,086	4,102	4,072	4,051	-17.00	4,067	4,460	105	4,509
Liabilities	-1.0%	6,324	6,391	6,294	6,458	6,413	6,654	6,656	6,631	6,672	6,711	6,778	6,781	7,309	7,866	7,838	7,914	13,668	12,957	12,774	13,047	13,183
Current Liabilities	-4.8%	1,698	1,784	1,454	1,410	1,403	1,482	1,381	1,322	1,255	1,253	1,208	1,227	1,680	1,660	1,577	1,658	4,107	4,125	4,460	3,621	3,659
Short Term Borrowings	-	-	-	-	-	-	-	1.00	1.00	3.00	5.00	14.00	13.00	489	376	384	391	1,342	1,034	1,434	434	435
Long Term Debt	-0.4%	3,486	3,500	3,794	3,989	3,988	4,162	4,170	4,169	4,228	4,227	4,272	4,227	4,224	4,699	4,697	4,695	5,777	4,906	4,905	5,901	5,899
LT Debt, Current	0%	206	206	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	3,500	-	-	-	4,162	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	1.2%	4,086	4,037	3,872	3,775	3,761	3,601	3,273	3,421	3,457	3,508	3,579	3,598	3,662	3,577	3,501	3,449	4,781	4,605	4,694	4,850	5,178
Retained Earnings	12.9%	1,942	1,720	1,485	1,334	1,159	1,028	917	863	725	603	534	517	443	364	258	223	335	113	-179	-256	-134
Additional Paid-In Capital	-3.8%	3,542	3,682	3,770	3,782	3,941	3,947	3,998	4,079	4,123	4,291	4,473	4,481	4,671	4,668	4,683	4,703	7,326	7,319	7,314	7,484	7,644
Accumulated Depreciation	0.8%	3,105	3,081	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-0.5%	410	412	412	413	412	416	415	417	419	430	429	433	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.00	14.00	14.00	12.00	12.00
Float	-	-	-	-	20,000	-	-	-	13,000	-	-	-	15,000	-	-	-	7,000	-	-	-	11,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-61.4%	177	458	191	229	23.00	455	65.00	158	55.00	303	67.00	85.00	-6.00	151	35.00	31.00	-208	444	169	106	-258
Share Based Compensation	-	-	-	13.00	-	-	-	14.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-44.2%	-75.00	-52.00	-58.00	-41.00	-64.00	-29.00	-41.00	-4.00	-61.00	-37.00	50.00	91.00	3.00	119	108	33.00	11.00	357	-	129	42.00
Cashflow From Financing	19.8%	-178	-222	-243	-189	-214	-89.00	-106	-137	-194	-270	-106	-700	-368	-30.00	-62.00	-1,422	1,145	-424	-202	-201	-741
Buy Backs	50.0%	150	100	25.00	100	25.00	65.00	100	60.00	175	205	25.00	200	-	22.00	51.00	-	-	50.00	200	200	700

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HWM Income Statement

2024-03-31

Statement of Consolidated Operations (unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Sales (C)	$ 1,824	$ 1,603
Cost of goods sold (exclusive of expenses below)	1,290	1,164
Selling, general administrative, and other expenses	88	75
Research and development expenses	10	9
Provision for depreciation and amortization	67	69
Restructuring and other charges (D)	0	1
Operating income	369	285
Loss on debt redemption (N)	0	1
Interest expense, net	49	57
Other expense, net (F)	17	7
Income before income taxes	303	220
Provision for income taxes (G)	60	72
Net income	243	148
Amounts Attributable to Howmet Aerospace Common Shareholders (H):
Net income	242	147
Net income	$ 242	$ 147
Earnings per share:
Basic (in usd per share)	$ 0.59	$ 0.36
Diluted (in usd per share)	$ 0.59	$ 0.35
Average Shares Outstanding (H):
Basic (in shares)	410	412
Diluted (in shares)	412	418

HWM Balance Sheet

2024-03-31

Consolidated Balance Sheet (unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 533	$ 610
Receivables from customers, less allowances of $— in both 2024 and 2023 (J)	785	675
Other receivables	18	17
Inventories (K)	1,783	1,765
Prepaid expenses and other current assets	221	249
Total current assets	3,340	3,316
Properties, plants, and equipment, net (L)	2,294	2,328
Goodwill	4,020	4,035
Deferred income taxes	38	46
Intangibles, net	498	505
Other noncurrent assets (M)	220	198
Total assets	10,410	10,428
Current liabilities:
Accounts payable, trade (P)	964	982
Accrued compensation and retirement costs	201	263
Taxes, including income taxes (G)	84	68
Accrued interest payable	45	65
Other current liabilities (M)(P)	198	200
Long-term debt due within one year (N)	206	206
Total current liabilities	1,698	1,784
Long-term debt (N)(O)	3,486	3,500
Accrued pension benefits (E)	662	664
Accrued other postretirement benefits (E)	91	92
Other noncurrent liabilities and deferred credits (M)	387	351
Total liabilities	6,324	6,391
Contingencies and commitments (P)
Howmet Aerospace shareholders’ equity:
Preferred stock	55	55
Common stock	408	410
Additional capital	3,542	3,682
Retained earnings	1,942	1,720
Accumulated other comprehensive loss (I)	(1,861)	(1,830)
Total equity	4,086	4,037
Total liabilities and equity	$ 10,410	$ 10,428

About Howmet Aerospace Inc.

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.

CEO	Mr. John C. Plant FCA
WEBSITE	howmet.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	21400

Howmet Aerospace Inc. Frequently Asked Questions

What is the ticker symbol for Howmet Aerospace Inc.? What does HWM stand for in stocks?

HWM is the stock ticker symbol of Howmet Aerospace Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Howmet Aerospace Inc. (HWM)?

As of Fri May 17 2024, market cap of Howmet Aerospace Inc. is 33.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HWM stock?

You can check HWM's fair value in chart for subscribers.

What is the fair value of HWM stock?

You can check HWM's fair value in chart for subscribers. The fair value of Howmet Aerospace Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Howmet Aerospace Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HWM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Howmet Aerospace Inc. a good stock to buy?

The fair value guage provides a quick view whether HWM is over valued or under valued. Whether Howmet Aerospace Inc. is cheap or expensive depends on the assumptions which impact Howmet Aerospace Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HWM.

What is Howmet Aerospace Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HWM's PE ratio (Price to Earnings) is 39.37 and Price to Sales (PS) ratio is 4.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HWM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Howmet Aerospace Inc.'s stock?

In the past 10 years, Howmet Aerospace Inc. has provided 0.113 (multiply by 100 for percentage) rate of return.