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HWM · Howmet Aerospace Inc.

Track HWM — free
Market Cap
$91.57B
Shares
398.80M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$229.61 Open$231.72 Day$227.73–232.36 52W close$184.09–292.65 Avg vol 30d3.2M Short int8.5M · 2.1% float · 3.1d Short vol14% Last earningsAug 6, 2026 DataJan 2020–Sep 2026 Filing10-Q · Aug 6

Up next

Next earnings call
Nov 5, 2026 Est · unconfirmed · in 7 wks
filed Aug 6, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$9.12B
Trailing 12 months
Net income (TTM)
$1.87B
Trailing 12 months
Revenue growth YoY
+24.1%
Year over year
Operating margin
27.4%
Trailing 12 months
P / E (TTM)
49.5
Trailing earnings · reciprocal yield 2.0%
FCF yield
2.0%
TTM · current market cap
Return on invested capital
21.2%
Trailing 12 months
Net cash
−$3.94B
Latest balance sheet
Dividend yield
0.2%
Trailing 12 months
Shares change YoY
-1.0%
Year over year · fewer shares
Price change (1Y)
+24.6%
Trailing year
Short interest
2.1%
Latest settlement · 3.1 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26

TL;DR. Howmet delivered Q2 revenue up 24% (organic 21%), adjusted EBITDA up 39% with margin expanding 340bps, and raised full-year 2026 guidance across revenue, EBITDA, EPS, and free cash flow, while completing the CAM acquisition and growing the quarterly dividend 17%.

Bullish
  • + Adjusted EBITDA margin expanded 340bps to 32.1% while absorbing the CAM acquisition
  • + Full-year 2026 guidance raised across revenue, EBITDA, EPS, and free cash flow
  • + Free cash flow of $479 million in Q2 with leverage targeted to return to ~1x net debt/EBITDA by year-end
  • + All major end markets grew, with gas turbines up 38%, commercial aerospace up 28%, and defense aerospace up 11%
Bearish
  • Engineered Structures revenue declined 13% and EBITDA fell 6% due to Savannah divestiture and product rationalization
  • Capital expenditure requirements stepping up materially in 2027 to support growth investments
  • CAM integration carries near-term EPS dilution, with debt servicing offsetting earnings and synergies weighted to 2027

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Sell Momentum Weak Sentiment Neutral Fundamentals Strong Quant / Vol High
Market backdrop VIX 15.8 · calm Equity put/call 0.58
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −7%
below
Price vs 50-day avg −16%
below
RSI (14) 30
neutral
MACD trend Negative
52-week position 42%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return −19%
trailing
6-month return −1%
trailing
YTD return +12%
this year
Relative strength −19%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $272 › 200d $246 — 50d above 200d
Institutional flow Accumulating
+8% holders QoQ · +231 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
2.13% of float · ▲ +15.1% MoM · 3.1 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,612 holders — near 3-yr high, broad support
Squeeze score 43
elevated · 0–100
Fundamentals
Strong
Revenue growth +11%
Y/Y
EPS growth +32%
Y/Y
Free cash flow $1.4B
Valuation P/E 49.5
rich
Buyback $697.0M
remaining
Balance sheet $2.3B
net debt
Quant / Vol
risk profile
High
Volatility 34%
annualized · 1-yr
Max drawdown −22%
past year
ATR 4.3%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 1 of last 5
Latest guidance · from the Earnings Call filed Mar 31, 2026
Commercial aero organic growth · this year Non-GAAP 20%
Gas turbines organic growth · this year Non-GAAP 25% – 30%
Commercial transportation organic growth · this year Non-GAAP up to 5%
Capex · this year $500M
Prior guidance period ended · from the 8-K filed Jul 30, 2024
Adj. EBITDA · Q3 2024 $460M – $470M
Adj. EBITDA Margin · Q3 2024 24.9% – 25.2%
Adj. EBITDA Margin · FY 2024 25.1%
Guided vs delivered · last 5 settled
Total revenue fourth quarter
guided $1.32B
$1.29B Miss −2.3%
Earnings per share Q2
guided $0.20
$0.17 Miss −15.0%
Earnings per share first quarter
guided $0.15 – $0.19
$0.18 In line
Revenues the year
guided $5.05B – $5.25B
$4.97B Miss −3.5%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell
3 · 4 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−7% Bearish
Price vs 50-day avg
−16% Bearish
RSI (14)
30 Neutral
MACD trend
Negative Bearish
52-week position
42% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $272 › 200d $246 — 50d above 200d
Institutional flow Accumulating
+8% holders QoQ · +231 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
2.13% of float · ▲ +15.1% MoM · 3.1 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,612 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $184 Now $230 · 42% Range high $293
vs 200-day avg -7% vs 50-day avg -16%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Aerospace & Defense — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
HWM
Howmet Aerospace Inc.
this stock
$91.57B +12.0% +11.1% 49.5 2.1%
SPCX
Space Exploration Technologies Corp
$1.99T 1.3%
GE
General Electric Co
$335.82B +5.1% +18.5% 38.1 1.5%
RTX
RTX Corp
$266.42B +7.8% +17.1% 34.8 0.9%
EADSF
Airbus SE/ADR
$182.14B -1.4% 0.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
1,612
% held
92.1%
Net QoQ
+1.9M sh
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
1,047
View
Short & Settlement
Short Interest Rising
Shares short
8.5M
Days to cover
3.1d
Change
+1.1M sh
View
Short Volume
Short vol %
14%
As of
Sep 11, 2026
Short Total
View
Fails to Deliver
FTD shares
101
Value
$28.6K
As of
Aug 14, 2026
View
Off-Exchange
Off-exchange %
49.6%
Week of
Aug 10, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Buy
Member
Alan Armstrong
Amount
$1.0K–$15.0K
Traded
Mar 27, 2026
View
Financials
Financials
Revenue (FY)
$8.3B
Net income (FY)
$1.5B
EPS diluted
$3.71
View
Buybacks
Authorized
$3.5B
Remaining
$697.0M
Spent Remaining
View
Filings
SEC Filings
Latest
Investor Event Transcript
Filed
Sep 9, 2026
This year
19
View
Proposed Sales
Value
$11.3M
Shares
41.9K
Filed
May 11, 2026
View
Earnings & Events
Earnings Calls
Last call
Sep 9, 2026
View

Performance

5D 20D 120D MTD YTD
HWM -11.9% -18.8% -0.7% -6.3% +12.0%
SPY -1.2% -1.8% +17.8% -0.4% +12.1%
vs SPY -10.7% -17.1% -18.5% -5.9% -0.1%

Capital returns

Buyback program · as of Aug 6, 2026
Authorized
$3.50B
Spent (derived)
$2.80B
Remaining
$697.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 4281 CUSIP 443201108 13F (30d) 55 filings 49 filers Visit website Investor relations