Why did Howmet Aerospace (HWM) stock move recently?

On 9/1/2026, Howmet Aerospace moved +4.1% — Howmet Aerospace shares rebounded after Monday's sharp drop on SpaceX's announcement of in-house gas turbine production, as Citi and Bernstein analysts called the selloff an overreaction, maintained Buy/Outperform ratings, and raised price targets, citing strong demand and supply constraints rather than a threat to Howmet. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Howmet Aerospace (HWM) overvalued or fairly valued?

MarketChacha shows Howmet Aerospace's valuation in context — a trailing P/E of about 54.9, a forward P/E of about 40.4, a price-to-book of about 18.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Howmet Aerospace's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.19×) from reported figures — education, not a rating.

What is Howmet Aerospace's revenue?

Howmet Aerospace reported revenue of $8.3B for FY2025, with net profit of $1.5B, per official filings.

What is the share price of Howmet Aerospace (HWM)?

Howmet Aerospace last traded at $259.27 (-0.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Howmet Aerospace

HWM · NYSE · Industrials · United States

Snapshot

TickerHWM

ExchangeNYSE

SectorIndustrials

IndustryAerospace & Defense

CountryUnited States

Employees25,430

HeadquartersPittsburgh, United States

Websitewww.howmet.com

Filings tracked25

About Howmet Aerospace

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.

Who owns it

Insiders0.9%
Institutions93.4%
Public & other5.7%

2,148 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.11.45%
Vanguard Capital Management LLC6.53%
State Street Corporation4.73%
JPMORGAN CHASE & CO4.64%
Vanguard Portfolio Management LLC4.64%
FMR, LLC3.85%
Price (T.Rowe) Associates Inc3.38%
Bank of America Corporation2.57%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.19×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend11.5% → 18.3%

Margin has expanded by about 6.8 points — the business is getting more profitable.

Return on equity28.2%

Latest ROE of 28.2% — capital is generating a healthy return.

Growth qualityrev 11% · PAT 40%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $2.7B · EPS 1.42

Est. earnings growth +34.8%

Next fiscal year

Rev $11.5B · EPS 6.42

Est. earnings growth +20.3%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$8.3B

Net margin

18.3%

ROE

28.2%

Revenue CAGR (2y)

+11.5%

Profit CAGR (2y)

+40.4%

EPS (FY2025)

3.71

Net profit (FY2025)

$1.5B

Ask MarketChacha about HWM

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 1, 2026
Howmet Aerospace shares rebounded after Monday's sharp drop on SpaceX's announcement of in-house gas turbine production, as Citi and Bernstein analysts called the selloff an overreaction, maintained Buy/Outperform ratings, and raised price targets, citing strong demand and supply constraints rather than a threat to Howmet.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Aug 31, 2026
Howmet Aerospace fell well more than the broad market with no company announcement behind it. Coverage of the session attributed the drop to profit-taking and a valuation debate after a large multi-year run in the shares.
source 1 ↗source 2 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$8.3B	$1.5B	3.71	18.3%	28.2%
FY2024	$7.4B	$1.2B	2.81	15.5%	25.4%
FY2023	$6.6B	$765.0M	1.83	11.5%	18.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$2.5B	$534.0M	1.33	21.0%
2026Q1	$2.3B	$580.0M	1.44	25.1%
2025Q3	$2.1B	$385.0M	0.95	18.4%
2025Q2	$2.1B	$407.0M	1.00	19.8%
2025Q1	$1.9B	$344.0M	0.84	17.7%
2024Q3	$1.8B	$332.0M	0.81	18.1%
2024Q2	$1.9B	$266.0M	0.65	14.1%
2024Q1	$1.8B	$243.0M	0.59	13.3%
2023Q3	$1.7B	$188.0M	0.45	11.3%
2023Q2	$1.6B	$193.0M	0.46	11.7%
2023Q1	$1.6B	$148.0M	0.35	9.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC8/6/2026material
10-Q filing
SEC8/6/2026
8-K — Other events, Exhibits
SEC5/28/2026material
8-K — Shareholder vote results
SEC5/26/2026material
8-K — Results of operations, Exhibits
SEC5/7/2026material
10-Q filing
SEC5/7/2026
8-K — Completion of acquisition/disposition
SEC4/6/2026material
8-K — Reg FD disclosure
SEC4/6/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/10/2026material
8-K — Material financial obligation, Other events, Exhibits
SEC3/3/2026material
8-K — Other events
SEC2/17/2026material
8-K — Other events, Exhibits
SEC2/17/2026material
8-K — Results of operations, Exhibits
SEC2/12/2026material
10-K filing
SEC2/12/2026

2025

8-K — Reg FD disclosure, Other events, Exhibits
SEC12/22/2025material
8-K — Other events
SEC11/17/2025material
8-K — Material financial obligation, Other events, Exhibits
SEC11/12/2025material
8-K — Other events
SEC11/3/2025material
8-K — Other events, Exhibits
SEC11/3/2025material
8-K — Results of operations, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
8-K — Executive/director change, Exhibits
SEC10/22/2025material
8-K — Executive/director change
SEC8/20/2025material
8-K — Results of operations, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.