Howmet Aerospace HWM · USD
Industrials · Aerospace & Defense · US listing · 🇺🇸 United States
S&P 500
216.24
+5.07%
Close of 9 Nov 2026, in USD
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Price performance
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- Market value
- $86.52bn
- Last close × shares
- Volume
- 3.5m
- Shares, 9 Nov 2026
- Price to earnings
- 57.5
- Dividend yield
- 0.23%
About Howmet Aerospace
From its filings with the US Securities and Exchange Commission
Howmet Aerospace is based in Pittsburgh, Pennsylvania and is incorporated in Delaware. Its shares trade on NYSE under the ticker HWM. It is a member of the S&P 500. The SEC classifies its business as rolling drawing & extruding of nonferrous metals. In the fiscal year to 31 December 2025, it reported revenue of $8.25bn and net income of $1.51bn. At that date it held total assets of $11.18bn and shareholders' equity of $5.35bn. By business, Aerospace - Commercial brought in 52.4% of revenue, followed by Aerospace - Defense at 17.1% and Commercial Transportation at 15.1%. By region, United States accounted for 53.0%, followed by Other at 12.4% and France at 7.6%.
As described below, Howmet Aerospace Inc. was previously named Arconic Inc. and, prior to that, Alcoa Inc., a company formed in 1888.
The Arconic Inc. Separation Transaction. On April 1, 2020, Arconic Inc. separated its businesses (the “Arconic Inc. Separation Transaction”) into two independent, publicly traded companies: Howmet Aerospace Inc. (the new name for Arconic Inc.) and Arconic Corporation. Following this separation, Howmet retained the Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels businesses; and its prior Rolled Products, Aluminum Extrusions, and Building and Construction Systems businesses were spun-off to Arconic Corporation. In connection with the Arconic Inc. Separation Transaction, Howmet and Arconic Corporation entered into several agreements that govern their post-separation relationship.
The 2017 Reincorporation in Delaware. On December 31, 2017, Arconic Inc., then a Pennsylvania corporation, changed its jurisdiction of incorporation from Pennsylvania to Delaware.
The Alcoa Inc. Separation Transaction. On November 1, 2016, Alcoa Inc. completed the separation of its businesses (the “Alcoa Inc. Separation Transaction”) into two independent, publicly traded companies: Arconic Inc. (the new name for Alcoa Inc., which, through the transactions described above, later became Howmet Aerospace Inc.) and Alcoa Corporation. Following this separation, the Company retained the Engineered Products and Solutions, Global Rolled Products, and Transportation and Construction Solutions businesses. In connection with the Alcoa Inc.
Quoted from its 10-K, filed 12 Feb 2026. Read the filing on SEC.gov ↗
How it makes its money
Revenue, year to 31 Dec 2025
- Aerospace - Commercial $4.32bn · 52.4%
- Aerospace - Defense $1.41bn · 17.1%
- Commercial Transportation $1.25bn · 15.1%
- Gas Turbines $944.0m · 11.4%
Latest on Howmet Aerospace
Our reporting
Next results
Due on 11 Feb 2027. Analysts expect earnings of 1.48 a share.
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Frequently asked questions
What is Howmet Aerospace's ticker?
Howmet Aerospace trades as HWM on its US listing, under ISIN US4432011082.
What was Howmet Aerospace's last closing price?
216.24 on 9 Nov 2026. The figure is in USD and is never converted.
When does Howmet Aerospace next report results?
Results are expected on 11 Feb 2027, according to our data supplier.
Sources and methodology
- Chart
- TradingView
- Close and company data
- SEC filings and our data supplier
- News
- Our reporting
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