Howmet Aerospace Statistics
Total Valuation
HWM has a market cap or net worth of $31.85 billion. The enterprise value is $35.01 billion.
| Market Cap | 31.85B |
| Enterprise Value | 35.01B |
Important Dates
The next confirmed earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | May 9, 2024 |
Share Statistics
HWM has 408.18 million shares outstanding. The number of shares has decreased by -1.44% in one year.
| Shares Outstanding | 408.18M |
| Shares Change (YoY) | -1.44% |
| Shares Change (QoQ) | -0.24% |
| Owned by Insiders (%) | 1.04% |
| Owned by Institutions (%) | 93.60% |
| Float | 403.15M |
Valuation Ratios
The trailing PE ratio is 37.88 and the forward PE ratio is 31.05. HWM's PEG ratio is 0.80.
| PE Ratio | 37.88 |
| Forward PE | 31.05 |
| PS Ratio | 4.64 |
| Forward PS | 4.22 |
| PB Ratio | 7.80 |
| P/FCF Ratio | 38.94 |
| PEG Ratio | 0.80 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.76, with an EV/FCF ratio of 42.80.
| EV / Earnings | 40.71 |
| EV / Sales | 5.10 |
| EV / EBITDA | 22.76 |
| EV / EBIT | 27.61 |
| EV / FCF | 42.80 |
Financial Position
The company has a current ratio of 1.97, with a Debt / Equity ratio of 0.90.
| Current Ratio | 1.97 |
| Quick Ratio | 0.79 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 2.40 |
| Debt / FCF | 4.51 |
| Interest Coverage | 6.04 |
Financial Efficiency
Return on equity (ROE) is 21.80% and return on invested capital (ROIC) is 13.45%.
| Return on Equity (ROE) | 21.80% |
| Return on Assets (ROA) | 8.30% |
| Return on Capital (ROIC) | 13.45% |
| Revenue Per Employee | $298,304 |
| Profits Per Employee | $37,391 |
| Employee Count | 23,000 |
| Asset Turnover | 0.67 |
| Inventory Turnover | 2.84 |
Taxes
In the past 12 months, HWM has paid $198.00 million in taxes.
| Income Tax | 198.00M |
| Effective Tax Rate | 18.71% |
Stock Price Statistics
The stock price has increased by +56.88% in the last 52 weeks. The beta is 1.29, so HWM's price volatility has been higher than the market average.
| Beta (5Y) | 1.29 |
| 52-Week Price Change | +56.88% |
| 50-Day Moving Average | 81.26 |
| 200-Day Moving Average | 63.40 |
| Relative Strength Index (RSI) | 44.63 |
| Average Volume (20 Days) | 3,048,135 |
Short Selling Information
The latest short interest is 11.04 million, so 2.70% of the outstanding shares have been sold short.
| Short Interest | 11.04M |
| Short Previous Month | 9.22M |
| Short % of Shares Out | 2.70% |
| Short % of Float | 2.74% |
| Short Ratio (days to cover) | 3.83 |
Income Statement
In the last 12 months, HWM had revenue of $6.86 billion and earned $860.00 million in profits. Earnings per share was $2.06.
| Revenue | 6.86B |
| Gross Profit | 1.96B |
| Operating Income | 1.29B |
| Pretax Income | 1.06B |
| Net Income | 860.00M |
| EBITDA | 1.54B |
| EBIT | 1.27B |
| Earnings Per Share (EPS) | $2.06 |
Balance Sheet
The company has $533.00 million in cash and $3.69 billion in debt, giving a net cash position of -$3.16 billion or -$7.74 per share.
| Cash & Cash Equivalents | 533.00M |
| Total Debt | 3.69B |
| Net Cash | -3.16B |
| Net Cash Per Share | -$7.74 |
| Equity (Book Value) | 4.09B |
| Book Value Per Share | 10.01 |
| Working Capital | 1.64B |
Cash Flow
In the last 12 months, operating cash flow was $1.06 billion and capital expenditures -$237.00 million, giving a free cash flow of $818.00 million.
| Operating Cash Flow | 1.06B |
| Capital Expenditures | -237.00M |
| Free Cash Flow | 818.00M |
| FCF Per Share | $2.00 |
Margins
Gross margin is 28.60%, with operating and profit margins of 18.76% and 12.53%.
| Gross Margin | 28.60% |
| Operating Margin | 18.76% |
| Pretax Margin | 15.42% |
| Profit Margin | 12.53% |
| EBITDA Margin | 22.42% |
| EBIT Margin | 18.48% |
| FCF Margin | 11.92% |
Dividends & Yields
This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 0.26%.
| Dividend Per Share | $0.20 |
| Dividend Yield | 0.26% |
| Dividend Growth (YoY) | 35.71% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 9.71% |
| Buyback Yield | 1.44% |
| Shareholder Yield | 1.69% |
| Earnings Yield | 2.70% |
| FCF Yield | 2.57% |
Analyst Forecast
The average price target for HWM is $78.44, which is 0.53% higher than the current price. The consensus rating is "Buy".
| Price Target | $78.44 |
| Price Target Difference | 0.53% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 10.99% |
| EPS Growth Forecast (5Y) | 24.55% |
Stock Splits
The last stock split was on November 1, 2016. It was a forward split with a ratio of 1334:1000.
| Last Split Date | Nov 1, 2016 |
| Split Type | Forward |
| Split Ratio | 1334:1000 |
Scores
HWM has an Altman Z-Score of 4.53 and a Piotroski F-Score of 8.
| Altman Z-Score | 4.53 |
| Piotroski F-Score | 8 |