Howmet Aerospace Inc.

Howmet Aerospace Inc.

205.81
USD
+4.91
(+2.44%)
5.10EPS
44.10P/E
89.94BMarket Cap
Feb 16Next Earn

Total Valuation

USD

As of September 30, 2026, Howmet Aerospace Inc. carries a market capitalization of 89.94B, placing it among publicly traded companies globally. Its enterprise value stands at 94.06B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap89.94B
Enterprise Value94.06B

Important Dates

Howmet Aerospace Inc.'s next confirmed earnings release is scheduled for February 16, 2027.

Earnings Date2/16/2027

Share Statistics

As of September 30, 2026, Howmet Aerospace Inc. has 397.66M shares outstanding.

Shares Outstanding397.66M

Valuation Ratios

As of September 30, 2026, Howmet Aerospace Inc. trades at a trailing price-to-earnings ratio of 44.10. The price-to-sales ratio is 9.30, and the price-to-book ratio stands at 15.61.

PE Ratio44.10
PS Ratio9.30
PB Ratio15.61
P/TBV Ratio-470.90
P/FCF Ratio37.92
P/OCF Ratio37.74

Enterprise Valuation

As of September 30, 2026, Howmet Aerospace Inc. trades at an EV/EBITDA multiple of 30.80 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 9.67 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 34.45 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Howmet Aerospace Inc. trades at an EV/FCF ratio of 36.95, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 94.06B versus a market cap of 89.94B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales9.67
EV / EBITDA30.80
EV / EBIT34.45
EV / FCF36.95

Financial Position

As of September 30, 2026, Howmet Aerospace Inc. maintains a current ratio of 1.86, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 80.20, indicating elevated leverage, while an interest coverage ratio of 17.06 demonstrates strong ability to service its debt obligations.

Current Ratio1.86
Quick Ratio0.73
Debt / Equity80.20
Debt / EBITDA1.51
Interest Coverage17.06

Financial Efficiency

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Over the twelve months ended September 30, 2026, Howmet Aerospace Inc. posted a return on equity (ROE) of 37.84, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 23.48 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 16.79, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 23.30, useful for judging operating efficiency across full business cycles. The company generates approximately 382,658.28 in revenue per employee across its workforce of 25,430.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.02 indicates how many times Howmet Aerospace Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)37.84
Return on Assets (ROA)16.79
Return on Invested Capital (ROIC)23.48
Return on Capital Employed (ROCE)23.30
Revenue Per Employee382,658.28
Employee Count25,430.00
Inventory Turnover3.02

Taxes

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Over the twelve months ended September 30, 2026, Howmet Aerospace Inc. recorded 455.00M in income tax expense. That works out to an effective tax rate of 18.14, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.51B, leaving 2.05B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax455.00M
Effective Tax Rate18.14

Stock Price Statistics

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As of the close on November 6, 2026, Howmet Aerospace Inc.'s stock has gained approximately 0.04% over the past 52 weeks. The 50-day moving average sits at 223.44, while the 200-day moving average is 248.42.

52-Week Price Change0.04%
50-Day Moving Average223.44
200-Day Moving Average248.42

Income Statement

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Over the twelve months ended September 30, 2026, Howmet Aerospace Inc. generated 9.73B in revenue and converted that into 2.05B in net income, yielding earnings per share of 5.10. EBITDA reached 3.05B, while operating income came in at 2.73B.

Revenue9.73B
Gross Profit3.56B
Operating Income2.73B
Pretax Income2.51B
Net Income2.05B
EBITDA3.05B
EBIT2.73B
Earnings Per Share (EPS)5.10

Balance Sheet

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As of September 30, 2026, Howmet Aerospace Inc. holds 507.00M in cash and equivalents against 4.62B in total debt, resulting in a net debt position of 3.94B. Total book value stands at 5.76B, with working capital of 1.90B providing operational flexibility.

Cash & Cash Equivalents507.00M
Total Debt4.62B
Net Debt3.94B
Equity (Book Value)5.76B
Book Value Per Share14.49
Working Capital1.90B

Cash Flow

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Howmet Aerospace Inc. produced 2.40B in operating cash flow over the twelve months ended September 30, 2026.

Operating Cash Flow2.40B
Free Cash Flow2.40B
FCF Per Share5.99

Margins

Over the twelve months ended September 30, 2026, Howmet Aerospace Inc. posted a gross margin of 36.63, reflecting its pricing power and cost economics. The operating margin of 28.01 and net profit margin of 21.10 provide insight into operational efficiency.

Gross Margin36.63
Operating Margin28.01
Pretax Margin25.77
Profit Margin21.10
EBITDA Margin31.38

Dividends & Yields

USD

Over the twelve months ended September 30, 2026, Howmet Aerospace Inc. paid dividends of 0.51 per share. The dividend payout ratio of 9.89 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 2.64, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.43, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Howmet Aerospace Inc. shareholders.

Dividend Per Share0.51
Payout Ratio9.89
Shareholder Yield0.43
FCF Yield2.64

Stock Splits

Howmet Aerospace Inc.'s most recent stock split took place on November 1, 2016 with a 500:667 split ratio.

Last Split Date11/1/2016
Split Ratio500:667

Scores

As of September 30, 2026, Howmet Aerospace Inc. has an Altman Z-Score of 11.12, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score11.12