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Companies / Industrials / Howmet Aerospace
HWM

Howmet Aerospace

IndustrialsPrimary MetalsS&P 500
Ticker HWMPITTSBURGH, PAFiscal year ends DecemberBook value per share $14.26Diluted shares 402.0M

Howmet Aerospace Inc. (NYSE: HWM) provides engineered products and solutions for aerospace, defense, commercial transportation, and gas turbine markets. Its products include jet engine castings and rings, aerospace fastening systems, titanium and other airframe components, and forged aluminum wheels, sold directly to… From the company’s description.

In fiscal 2025, Howmet Aerospace reported revenue of $8.25B, up 11.1% from fiscal 2024, and net income of $1.51B. Its operating margin was 24.8%, and operations generated $1.88B in cash. Over the twelve months to Jun 30, 2026, revenue was $9.12B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.25BFY2025
+11.1% year over year
Last 12 mo $9.12B
24.79%FY2025
+2.8 percentage points
Last 12 mo 27.37%
$1.51BFY2025
+30.6% year over year
Last 12 mo $1.87B
29.46%FY2025
+3.7 percentage points
Last 12 mo 32.64%
Cash & financing
$1.88BFY2025
+45.1% year over year
Last 12 mo $2.22B
$1.43BFY2025
+46.5% year over year
Last 12 mo $1.79B
0.57FY2025
Was 0.73× a year earlier
Last 12 mo 0.79
406.0MFY2025
−1.0% year over year
Last 12 mo 402.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Howmet Aerospace does

In the company’s own words

Howmet Aerospace Inc. (NYSE: HWM) provides engineered products and solutions for aerospace, defense, commercial transportation, and gas turbine markets. Its products include jet engine castings and rings, aerospace fastening systems, titanium and other airframe components, and forged aluminum wheels, sold directly to customers or through distributors. The company operates four product-based reportable segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Aerospace accounted for approximately 70% of 2025 revenue, commercial transportation 15%, gas turbines 11%, and other markets 4%; RTX Corporation and GE Aerospace each represented about 11% of third-party sales. Howmet had approximately 25,430 employees in 23 countries at year-end 2025. Its Forged Wheels products are sold under the Alcoa Wheels brand, and its other recognized brands include Huck fasteners and Dura-Bright wheel treatments. Howmet became an independent public company in 2020 when Arconic separated its businesses, retaining its engine products, fastening systems, engineered structures, and forged wheels operations. Its website is https://www.howmet.com.

Company details
Sector
Industrials
Industry (SIC)
Primary Metals
Headquarters
PITTSBURGH, PA
Fiscal year end
December
CIK
4281
SIC
3350

Financial performance, year by year

Fiscal 2013–2025 · USD
$-4.86B$2.99B$10.83B$18.68B$26.52B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Howmet Aerospace — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

987
funds hold it
1 of 35
superinvestors hold it
$42.72B
held by funds, at market
40.8%
of shares held by funds

Superinvestors in Howmet Aerospace · what they did last quarter

Polen CapitalNEW
Polen Capital Management
1.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Howmet Aerospace’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.15%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.17%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
1.04%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.17%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.16%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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