Howmet Aerospace Inc. (HWM) Stock

About Howmet Aerospace Inc.

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.

Howmet Aerospace Inc. is led by CEO John C. Plant, employs 23,930 people, headquartered in Pittsburgh, US, publicly traded since 2016.

Howmet Aerospace Inc. (HWM) stock trades at $272.79 with a market capitalization of $109.15B. The stock is valued at a price-to-earnings (P/E) ratio of 64.57, price-to-book of 20.16, price-to-sales of 12.88. Over the past 52 weeks the stock has ranged between $169.45 and $293.58, and currently trades 7.1% below its 52-week high. It pays a dividend yielding 0.17%.

On profitability, Howmet Aerospace Inc. generates a return on equity (ROE) of 33.82% — well above the market average, a sign of a high-quality business, return on capital employed of 39.79%, an operating margin of 27.53%, a net profit margin of 20.22%.

In its most recent fiscal year, Howmet Aerospace Inc. reported annual revenue of $8.3B, net profit of $1.5B, revenue has compounded at 9.4% a year over the last five years, profit at 48.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.85, a current ratio of 2.13, total assets of $11.2B, $742.0M in cash and equivalents.

HWM has an average daily trading volume of 2,789,432 shares, a beta of 1.19.

Official website: www.howmet.com