Howmet Aerospace Inc.
New York Stock ExchangeTotal Valuation
Howmet Aerospace Inc. carries a market capitalization of 99.49B, placing it among publicly traded companies globally. Its enterprise value stands at 95.01B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 99.49B |
| Enterprise Value | 95.01B |
Share Statistics
Howmet Aerospace Inc. currently has 400.71M shares outstanding.
| Shares Outstanding | 400.71M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Howmet Aerospace Inc. trades at a trailing price-to-earnings ratio of 53.22. The price-to-sales ratio is 10.76, and the price-to-book ratio stands at 18.46.
| PE Ratio | 53.22 |
| PS Ratio | 10.76 |
| PB Ratio | 18.46 |
| P/TBV Ratio | 93.41 |
| P/FCF Ratio | 44.73 |
| P/OCF Ratio | 44.51 |
Enterprise Valuation
On an enterprise value basis, Howmet Aerospace Inc. trades at an EV/EBITDA multiple of 37.03 and an EV/FCF ratio of 42.94. The EV/Sales ratio of 11.02 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 41.71 provides insight into valuation relative to core operating earnings.
| EV / Sales | 11.02 |
| EV / EBITDA | 37.03 |
| EV / EBIT | 41.71 |
| EV / FCF | 42.94 |
Financial Position
Howmet Aerospace Inc. maintains a current ratio of 2.44, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 84.86, indicating elevated leverage, while an interest coverage ratio of 16.55 demonstrates strong ability to service its debt obligations.
| Current Ratio | 2.44 |
| Quick Ratio | 1.46 |
| Debt / Equity | 84.86 |
| Debt / EBITDA | 1.83 |
| Interest Coverage | 16.55 |
Financial Efficiency
Howmet Aerospace Inc. posts a return on equity of 41.02 and a return on invested capital of 20.25.
| Return on Equity (ROE) | 41.02 |
| Return on Assets (ROA) | 14.63 |
| Return on Invested Capital (ROIC) | 20.25 |
| Return on Capital Employed (ROCE) | 22.40 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.89 |
Taxes
Over the trailing twelve months, Howmet Aerospace Inc. has paid 358.00M in income taxes, reflecting an effective tax rate of 17.03.
| Income Tax | 358.00M |
| Effective Tax Rate | 17.03 |
Stock Price Statistics
Howmet Aerospace Inc.'s stock has gained approximately 42.95734% over the past 52 weeks. The 50-day moving average sits at 249.97, while the 200-day moving average is 218.20.
| Beta (5Y) | N/A |
| 52-Week Price Change | 42.95734% |
| 50-Day Moving Average | 249.97 |
| 200-Day Moving Average | 218.20 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Howmet Aerospace Inc. generated 8.62B in revenue and converted that into 1.74B in net income, yielding earnings per share of 4.31. EBITDA reached 2.57B, while operating income came in at 2.28B.
| Revenue | 8.62B |
| Gross Profit | 3.02B |
| Operating Income | 2.28B |
| Pretax Income | 2.10B |
| Net Income | 1.74B |
| EBITDA | 2.57B |
| EBIT | 2.28B |
| Earnings Per Share (EPS) | 4.31 |
Balance Sheet
Howmet Aerospace Inc. holds 2.44B in cash and equivalents against 4.69B in total debt, resulting in a net debt position of 2.25B. Total book value stands at 5.03B, with working capital of 3.34B providing operational flexibility.
| Cash & Cash Equivalents | 2.44B |
| Total Debt | 4.69B |
| Net Debt | 2.25B |
| Equity (Book Value) | 5.03B |
| Book Value Per Share | 12.49 |
| Working Capital | 3.34B |
Cash Flow
Howmet Aerospace Inc. produced 2.08B in operating cash flow over the past twelve months.
| Operating Cash Flow | 2.08B |
| Capital Expenditures | N/A |
| Free Cash Flow | 2.08B |
| FCF Per Share | 5.18 |
Margins
Howmet Aerospace Inc. operates with a gross margin of 35.05, reflecting its pricing power and cost economics. The operating margin of 26.42 and net profit margin of 20.22 provide insight into operational efficiency.
| Gross Margin | 35.05 |
| Operating Margin | 26.42 |
| Pretax Margin | 24.38 |
| Profit Margin | 20.22 |
| EBITDA Margin | 29.76 |
Dividends & Yields
The company's payout ratio of 10.67 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.46 |
| Dividend Yield | N/A |
| Payout Ratio | 10.67 |
| Shareholder Yield | -0.13 |
| FCF Yield | 2.24 |
Stock Splits
Howmet Aerospace Inc.'s most recent stock split took place on November 1, 2016 with a 500:667 split ratio.
| Last Split Date | 11/1/2016 |
| Split Ratio | 500:667 |
Scores
Howmet Aerospace Inc. posts an Altman Z-Score of 10.50, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 10.50 |