HWM
Howmet Aerospace Inc. Materials Rolling Drawing & Extruding of Nonferrous Metals S&P 500Russell 3000
$199.22Close
$80.0BMarket cap
$185.91 – $292.6552-week range
Late-januaryNext report · estimated
Highlights
Strengths
- Earnings growing EPS +49% year on year, faster than the quarter before (+17 pts)
Cautions
- Not in an uptrend 2 of 8 trend conditions
- Lagging the market RS 18 · weaker than 82% of stocks over 12 months
- Far from its high 32% below its 52-week high
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
32%
1wk
up 7.2%
price change
1mo
down 11.9%
price change
12-month return
down 1%
market up 11% ·
its own down 13%
F-score
—
— Not assessed
Altman Z
10.31
Low risk
P/E
53.1×
price / earnings
PEG
1.67
P/E / EPS growth
P/B
14.9×
price / book
Earnings yield
up 2.5%
EBIT / enterprise value
Cheaper than
28%
of the market · expensive
Revenue growth
up 11%
year on year
EPS growth
up 49%
latest quarter · +17 pts
Sales growth
up 29%
latest quarter · +5 pts
ROE
up 30%
return on equity
Free cash margin
up 17%
$1.4B FCF
D/E
0.53
long-term debt / equity
Net debt / EBITDA
0.9×
Interest cover
—EBIT / interest
Piotroski tests
Repair signals
- Long-term debt down 14% ($3.3B → $2.9B)
Trade setup
ATR%
4.1%
$8.24 a day · 2×ATR $182.74
RS
18 / 99
vs the universe
Trend
2 / 8
trend template
Relative volume
1.0×
vs 50-day average
Up/down volume
0.69
50 sessions
Implied move
—
no scheduled report
Trend template · 2 of 8
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 29, 2026
Last shock
Sep 8, 2026-11% in one session4.4× volumeno filing matched-14% since
Options
$2.7M40.8% IV · activity
Financials
- Net 18%
- Free cash 17%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.3B | $5.0B | $5.7B | $6.6B | $7.4B | $8.3B |
| Operating income | $626.0M | $748.0M | $919.0M | $1.2B | $1.6B | $2.0B |
| Net income | $261.0M | $258.0M | $469.0M | $765.0M | $1.2B | $1.5B |
| Net margin | 5% | 5% | 8% | 12% | 16% | 18% |
| Earnings per share | $0.59 | $0.59 | $1.11 | $1.84 | $2.82 | $3.71 |
| Free cash flow | -$258.0M | $250.0M | $540.0M | $682.0M | $977.0M | $1.4B |
| Free cash margin | -5% | 5% | 10% | 10% | 13% | 17% |
| Cash | $1.6B | $720.0M | $791.0M | $610.0M | $564.0M | $742.0M |
| Long-term debt | $4.7B | $4.2B | $4.2B | $3.5B | $3.3B | $2.9B |
| Shareholders' equity | $3.6B | $3.5B | $3.6B | $4.0B | $4.6B | $5.4B |
| Shares outstanding | 433m | 422m | 412m | 410m | 405m | 401.62m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $182 – $218 ±9.0% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 40.8% priced · 47.1% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $2.7M calls $937,882 · puts $1.7M · latest session
- 1.84× -9.64 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -1.11k · puts +221 past week
For options traders: ATM IV 40.8% (-10.2% 1w) · 1m ÷ 3m IV 1.09 · 25Δ skew -1.4 pts · Net GEX -$15.5M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 29, 2026 | Quarterly ↗ | Sep 30, 2026 | 29d |
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Feb 12, 2026 | Annual ↗ | Dec 31, 2025 | 43d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Jul 31, 2025 | Quarterly ↗ | Jun 30, 2025 | 31d |
| May 1, 2025 | Quarterly ↗ | Mar 31, 2025 | 31d |
| Feb 14, 2025 | Annual ↗ | Dec 31, 2024 | 45d |
| Nov 7, 2024 | Quarterly ↗ | Sep 30, 2024 | 38d |
| Jul 30, 2024 | Quarterly ↗ | Jun 30, 2024 | 30d |
| May 2, 2024 | Quarterly ↗ | Mar 31, 2024 | 32d |
| Feb 13, 2024 | Annual ↗ | Dec 31, 2023 | 44d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Aug 6, 2026 | Results ↗ |
| May 28, 2026 | Other events ↗ |
| May 26, 2026 | Shareholder vote ↗ |
| May 7, 2026 | Results ↗ |
| Apr 6, 2026 | Regulation FD ↗ |
| Apr 6, 2026 | Acquisition or disposal ↗ |
| Mar 10, 2026 | Regulation FD ↗ |
| Mar 3, 2026 | New obligation · Other events ↗ |
| Feb 17, 2026 | Other events ↗ |
| Feb 17, 2026 | Other events ↗ |
| Feb 12, 2026 | Results ↗ |