90/100B205.775
USD
4.85
(2.41%)
Market Closed
Last updated: · Delayed 15 min
Fair value161.94Plus+27%121Price 205.78202
Q4 FY2026 · Earnings report
EPS estimate 1.48Revenue estimate 2.76B
Q4 FY2026 · Earnings report
EPS estimate 1.48Revenue estimate 2.76B
Howmet Aerospace financials
Yes. Howmet Aerospace earned 2.05B USD of net income over the last twelve months, 21.1% of its revenue. It made a profit in 9 of its 12 fiscal years since 2014. Its last loss was in fiscal year 2017.
- Revenue (TTM)
- 9.73B USD
- Net income (TTM)
- 2.05B USD
- Free cash flow (TTM)
- 1.93B USD
- Cash and short-term investments
- 507.00M USD
- Total debt
- 4.44B USD
- Shareholders' equity
- 5.76B USD
Cash, debt and equity as of 30 Sept 2026.
Howmet Aerospace earnings
Next earnings · Q4 FY2026
EPS estimate
1.48 USD
Revenue estimate
2.76B USD
Last quarter · Q3 FY2026
EPS1.46Beat +6.6%Revenue2.70BBeat +4.3%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 1.73 | — | — | +18.70% | 3.01B | — | — | +11.32% | |
| Q2 FY2027 | 1.61 | — | — | +21.15% | 2.88B | — | — | +13.16% | |
| Q1 FY2027 | 1.47 | — | — | +20.71% | 2.73B | — | — | +18.08% | |
| Q4 FY2026 | 1.48 | — | — | +40.95% | 2.76B | — | — | +27.19% | |
| Q3 FY2026 | 1.37 | 1.46 | +6.57% | +53.68% | 2.59B | 2.70B | +4.34% | +29.39% | |
| Q2 FY2026 | 1.24 | 1.33 | +7.26% | +46.15% | 2.43B | 2.55B | +4.91% | +24.06% | |
| Q1 FY2026 | 1.11 | 1.22 | +9.91% | +41.86% | 2.24B | 2.31B | +3.32% | +19.10% | |
| Q4 FY2025 | 0.97 | 1.05 | +8.81% | +41.89% | 2.12B | 2.17B | +2.12% | +14.65% | |
| Q3 FY2025 | 0.91 | 0.95 | +4.40% | +33.80% | 2.04B | 2.09B | +2.31% | +13.84% | |
| Q2 FY2025 | 0.87 | 0.91 | +4.36% | +35.82% | 2.01B | 2.05B | +2.31% | +9.20% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 7.90 | — | — | +18.86% | 13.12B | — | — | +11.94% |
| FY2027 | 6.65 | — | — | +21.11% | 11.72B | — | — | +13.81% |
| FY2026 | 5.49 | — | — | +45.63% | 10.30B | — | — | +24.78% |
| FY2025 | 3.70 | 3.77 | +1.82% | +40.15% | 8.21B | 8.25B | +0.56% | +11.06% |
| FY2024 | 2.67 | 2.69 | +0.76% | +45.41% | 7.42B | 7.43B | +0.17% | +11.90% |
| FY2023 | 1.78 | 1.85 | +3.71% | +32.14% | 6.56B | 6.64B | +1.20% | +17.25% |
| FY2022 | 1.40 | 1.40 | -0.10% | +38.61% | 5.62B | 5.66B | +0.76% | +13.90% |
Howmet Aerospace growth and profitability
Full income statement- Revenue (TTM)
- 9.73B USD
- Net income (TTM)
- 2.05B USD
- Gross margin
- 36.63%
- Operating margin
- 28.96%
- Net margin
- 21.10%
Revenue / Net income
Revenue Net income Net margin
How Howmet Aerospace makes its money
Engine Products4.32B 52.4%
Fastening Systems1.75B 21.1%
Engineered Structures1.15B 13.9%
Forged Wheels1.04B 12.6%
Revenue8.25B 100.0%
Cost of revenue5.43B 65.8%
Gross profit2.82B 34.2%
Research and development37.00M 0.4%
Selling and administration395.00M 4.8%
Other operating expenses342.00M 4.1%
Operating income2.05B 24.8%
Tax332.00M 4.0%
Other expense206.00M 2.5%
Net income1.51B 18.3%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Howmet Aerospace revenue breakdown
By product
FY2025
52.4%Engine Products21.1%Fastening Systems13.9%Engineered Structures12.6%Forged Wheels
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Engine Products | 4.32B | 52.4% | +15.7% |
| Fastening Systems | 1.75B | 21.1% | +10.7% |
| Engineered Structures | 1.15B | 13.9% | +7.8% |
| Forged Wheels | 1.04B | 12.6% | -1.4% |
By region
FY2025
60.6%United States8.6%France7.1%Japan6.1%Germany5.2%United Kingdom3.7%Italy2.6%Canada2.3%Mexico2.1%Poland1.8%China
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| United States | 4.38B | 60.6% | +17.9% |
| France | 625.00M | 8.6% | -7.8% |
| Japan | 513.00M | 7.1% | +44.5% |
| Germany | 439.00M | 6.1% | -4.1% |
| United Kingdom | 376.00M | 5.2% | +7.4% |
| Italy | 264.00M | 3.7% | -8.0% |
| Canada | 187.00M | 2.6% | +7.5% |
| Mexico | 166.00M | 2.3% | -24.5% |
| Poland | 150.00M | 2.1% | -1.3% |
| China | 130.00M | 1.8% | +26.2% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Howmet Aerospace financial health
Full balance sheet- Cash and short-term investments
- 507.00M USD
- Total debt
- 4.44B USD
- Net cash
- -3.94B USD
- Free cash flow (TTM)
- 1.93B USD
- Current ratio
- 1.86
- Debt to equity
- 0.77
- Piotroski score
- 7 / 9
- Altman Z-score
- 8.94
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Howmet Aerospace valuation
- Price to earnings ratio (TTM)
- 40.11
- Forward P/E (FY2026)
- 37.48
- Price to sales (TTM)
- 8.41
- Price to book
- 14.20
- EV / EBITDA (TTM)
- 28.48
Capital structure
Market capitalization
81.83B USD
+
Total debt
4.44B USD
−
Cash and short-term investments
507.00M USD
=
Enterprise value
85.76B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Howmet Aerospace against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Northrop Grumman, General Dynamics, TransDigm Group, L3Harris Technologies, Lockheed Martin, and Honeywell Aerospace, the US Aerospace & Defense companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median40.133.570.7
- Gross marginHighest in 5 years34.2%22.8%34.2%Against its peers: 3 of 7Peers' median 22.8%
- Operating marginHighest in 5 years24.8%17.4%24.8%Against its peers: 2 of 7Peers' median 10.3%
- Net marginHighest in 5 years18.3%5.2%18.3%Against its peers: 2 of 7Peers' median 9.0%
- Return on equityHighest in 5 years28.2%7.4%28.2%Against its peers: 2 of 6Peers' median 21.2%
- Free cash flow marginHighest in 5 years17.3%5.0%17.3%Against its peers: 3 of 7Peers' median 10.7%
- Revenue growthBelow its median11.1%-5.5%17.3%Against its peers: 3 of 7Peers' median 7.9%
- EPS growthBelow its median32.0%22.9%88.1%Against its peers: 1 of 7Peers' median 5.5%
- Debt to EBITDALowest in 5 years1.28×1.28×5.09×Against its peers: 2 of 7Peers' median 2.61×
- Current ratioAt its median2.131.862.18Against its peers: 2 of 7Peers' median 1.23
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Howmet Aerospace dividends
- Annual dividend
- 0.56 USD
- Dividend yield (indicated)
- 0.27%
- Payout ratio
- 10.14%
- Years of dividend growth
- 5
- Frequency
- Quarterly
- Last payment
- 0.14 USD
- Last ex-dividend date
- 6 Nov 2026
- Last payment date
- 25 Nov 2026
Dividends per share
Howmet Aerospace ownership
- Institutions
- 91.42%
- Institutional holders
- 1,667 (+136)
- Free float
- 99.10%
Who owns the shares
Institutions 91.4% Others 8.6%
As of 30 Jun 2026
Shares free to trade
Free float 394.08M shares ·99.1% Closely held 3.58M shares ·0.9%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 0 | 156.00 | 0.00 |
| Q3 2026 | 0 | 0 | 134.00 | 0.00 |
| Q2 2026 | 0 | 1 | 9.55K | 41.93K |
| Q1 2026 | 0 | 2 | 104.00K | 97.81K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Howmet Aerospace's financials
Source: Financial Modeling Prep