Howmet Aerospace Statistics
Total Valuation
HWM has a market cap or net worth of $25.93 billion. The enterprise value is $29.03 billion.
| Market Cap | 25.93B |
| Enterprise Value | 29.03B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, before market open.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Feb 8, 2024 |
Share Statistics
HWM has 408.38 million shares outstanding. The number of shares has decreased by -1.19% in one year.
| Shares Outstanding | 408.38M |
| Shares Change (YoY) | -1.19% |
| Shares Change (QoQ) | -0.48% |
| Owned by Insiders (%) | 1.04% |
| Owned by Institutions (%) | 93.18% |
| Float | 405.45M |
Valuation Ratios
The trailing PE ratio is 34.70 and the forward PE ratio is 28.48. HWM's PEG ratio is 0.80.
| PE Ratio | 34.70 |
| Forward PE | 28.48 |
| PS Ratio | 3.91 |
| Forward PS | 3.59 |
| PB Ratio | 6.42 |
| P/FCF Ratio | 38.02 |
| PEG Ratio | 0.80 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.81, with an EV/FCF ratio of 42.56.
| EV / Earnings | 37.95 |
| EV / Sales | 4.37 |
| EV / EBITDA | 19.81 |
| EV / EBIT | 24.33 |
| EV / FCF | 42.56 |
Financial Position
The company has a current ratio of 1.86, with a Debt / Equity ratio of 0.92.
| Current Ratio | 1.86 |
| Quick Ratio | 0.73 |
| Debt / Equity | 0.92 |
| Debt / EBITDA | 2.53 |
| Debt / FCF | 5.43 |
| Interest Coverage | 5.47 |
Financial Efficiency
Return on equity (ROE) is 19.80% and return on invested capital (ROIC) is 12.19%.
| Return on Equity (ROE) | 19.80% |
| Return on Assets (ROA) | 7.50% |
| Return on Capital (ROIC) | 12.19% |
| Revenue Per Employee | $288,696 |
| Profits Per Employee | $33,261 |
| Employee Count | 23,000 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 2.83 |
Taxes
In the past 12 months, HWM has paid $210.00 million in taxes.
| Income Tax | 210.00M |
| Effective Tax Rate | 21.54% |
Stock Price Statistics
The stock price has increased by +46.45% in the last 52 weeks. The beta is 1.25, so HWM's price volatility has been higher than the market average.
| Beta (1Y) | 1.25 |
| 52-Week Price Change | +46.45% |
| 50-Day Moving Average | 65.35 |
| 200-Day Moving Average | 53.90 |
| Relative Strength Index (RSI) | 39.91 |
| Average Volume (30 Days) | 3,461,417 |
Short Selling Information
The latest short interest is 7.45 million, so 1.82% of the outstanding shares have been sold short.
| Short Interest | 7.45M |
| Short Previous Month | 4.99M |
| Short % of Shares Out | 1.82% |
| Short % of Float | 1.84% |
| Short Ratio (days to cover) | 2.07 |
Income Statement
In the last 12 months, HWM had revenue of $6.64 billion and earned $765.00 million in profits. Earnings per share was $1.83.
| Revenue | 6.64B |
| Gross Profit | 1.87B |
| Operating Income | 1.20B |
| Pretax Income | 975.00M |
| Net Income | 765.00M |
| EBITDA | 1.47B |
| EBIT | 1.19B |
| Earnings Per Share (EPS) | $1.83 |
Balance Sheet
The company has $610.00 million in cash and $3.71 billion in debt, giving a net cash position of -$3.10 billion or -$7.58 per share.
| Cash & Cash Equivalents | 610.00M |
| Total Debt | 3.71B |
| Net Cash | -3.10B |
| Net Cash Per Share | -$7.58 |
| Equity / Book Value | 4.04B |
| Book Value Per Share | 9.89 |
| Working Capital | 1.53B |
Cash Flow
In the last 12 months, operating cash flow was $901.00 million and capital expenditures -$219.00 million, giving a free cash flow of $682.00 million.
| Operating Cash Flow | 901.00M |
| Capital Expenditures | -219.00M |
| Free Cash Flow | 682.00M |
| FCF Per Share | $1.66 |
Margins
Gross margin is 28.12%, with operating and profit margins of 18.12% and 11.52%.
| Gross Margin | 28.12% |
| Operating Margin | 18.12% |
| Pretax Margin | 14.68% |
| Profit Margin | 11.52% |
| EBITDA Margin | 22.06% |
| EBIT Margin | 17.97% |
| FCF Margin | 10.27% |
Dividends & Yields
This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 0.32%.
| Dividend Per Share | $0.20 |
| Dividend Yield | 0.32% |
| Dividend Growth (YoY) | 50.00% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 10.93% |
| Buyback Yield | 1.19% |
| Shareholder Yield | 1.50% |
| Earnings Yield | 2.95% |
| FCF Yield | 2.63% |
Analyst Forecast
The average price target for HWM is $63.93, which is 0.68% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $63.93 |
| Price Target Difference | 0.68% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 5.64% |
| EPS Growth Forecast (5Y) | 15.73% |
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 3.86 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.86 |
| Piotroski F-Score | 8 |