Company Analysis

Howmet Aerospace Inc. (HWM)

NYSE: HWM · Rolling Drawing & Extruding of Nonferrous Metals · Pittsburgh, PA · filing with the SEC since 1994
Grade6.6
◀ Past 5.9● Present 7.5▶ Future 6.2

The grade of Howmet Aerospace Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.6/10
◀ Past5.930% of the headline
● Present7.540% of the headline
▶ Future6.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.1/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 71st percentile among 31 sector filers · read for itself

From the record

Howmet Aerospace Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.8/10

What has it actually done, year after year?

-4.4% a year over 10 filed years; profitable in 8 of 10.

weight 45% of this tense · 38th percentile among 29 sector filers · read for its customers

From the record

Howmet Aerospace Inc.'s 10 filed years say what it did: revenue went from $12 billion in fiscal 2016 to $8.3 billion in fiscal 2025, down 4.4% a year; it rose in 6 of 9 years; the deepest fall was 62% from fiscal 2017 to fiscal 2021; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-4.4%bottom 16% of its family
  • the share of years revenue rosetop 34% of its family
  • the share of filed years with a profittop 39% of its family
  • the deepest fall from a revenue peak61.6%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.4/10

How has it treated the people who own it?

Share count shrank 1.2% a year. 36% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 84th percentile among 25 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Howmet Aerospace Inc.'s diluted share count shrank about 1.2% a year, and dividends and buybacks returned about 36% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-10-06 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 12% of its family
  • cash returned against operating cash flowtop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.3/10

Is it financially healthy right now?

ROE 28%: 28¢ of profit per shareholder dollar. Leverage 52%: owes 52¢ per asset dollar.

weight 45% of this tense · 73rd percentile among 30 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Howmet Aerospace Inc. earned about 28 cents of profit for every dollar of shareholders' money. Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count shrank 1.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 48% of its family
  • return on equitytop 2% of its family
  • the share count against the year beforetop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.8/10

How strong is its position in its industry?

top 12% of 28 in its family; net margin 18.3%.

weight 33% of this tense · 88th percentile among 28 sector filers · read for its customers

From the record

Howmet Aerospace Inc.'s standing among 28 graded names in its industry family: revenue of $8.3 billion in fiscal 2025 ranks in the top 13% by size; a net margin of 18.3% ranks in the top 6%; revenue growth of 13.4% a year over the last 3 filed years ranks in the top 16% (its annual reports).

What it rests on

  • revenue against the family$8.25Btop 13% of its family
  • net margin18.3%top 6% of its family
  • three-year revenue growth13.4%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.0/10

What are the people in charge doing?

top 40% of 21 in its family for leadership; chief executive since 2019.

weight 22% of this tense · 60th percentile among 21 sector filers · read for its shareholders

From the record

Howmet Aerospace Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Plant, John C (Executive Chairman & CEO, as filed), filing under that title since 2019-02-19, 7.7 years (top 30% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 6.6 years (top 36%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 14 peoplebottom 46% of its family
  • the median years the people in charge have filed6.6 yearstop 36% of its family
  • the chief executive's years on the record7.7 yearstop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 27 in its family for room to expand.

weight 45% of this tense · 48th percentile among 27 sector filers · read for itself

From the record

Howmet Aerospace Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $742 million against debt of $3.0 billion leaves -20.6% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is 17.3% of revenue (top 2%); research spending of 0.4% of revenue (bottom 21%) (its annual report).

What it rests on

  • cash less debt against assets-20.6%bottom 25% of its family
  • cash from operations less capital spending against revenue17.3%top 2% of its family
  • research spending against revenue0.4%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.1/10

What could actually drive growth from here?

top 19% of 29 in its family for growth drivers.

weight 33% of this tense · 81st percentile among 29 sector filers · read for its customers

From the record

Howmet Aerospace Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 13.4% a year over the last three filed years against -4.4% over all 10, speeding up (top 5% of its family); the newest year grew 11.1% (top 37%); research spending grew 5% a year (top 22%); capital spending grew 32.9% a year (top 12%) (its annual reports). Howmet Aerospace Inc. reported 4 lines of business in fiscal 2025: Engine Products at $4.3 billion (52%), Fastening Systems at $1.7 billion (21%), Engineered Structures at $1.1 billion (14%), and 1 more; 3 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+17.8 points a yeartop 5% of its family
  • the newest year's revenue growth11.1%top 37% of its family
  • three-year growth of research spending5.0%top 22% of its family
  • three-year growth of capital spending32.9%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.4/10

Did its newest year beat what its own record pointed to?

top 36% of 26 in its family for expectations against reality.

weight 22% of this tense · 64th percentile among 26 sector filers · read for its shareholders

From the record

Howmet Aerospace Inc.'s newest year against its own record: revenue of $8.3 billion in fiscal 2025 came in 3% below the $8.5 billion its prior three years' pace pointed to (bottom 21% of its family); net income of $1.5 billion against a prior three-year average of $796 million (top 20%); a net margin of 18.3% against 11.8% before (top 10%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.0%bottom 21% of its family
  • net income against the prior three years' average+89%top 20% of its family
  • net margin against its prior average+6.5 pointstop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton HWM · research, not advice