Howmet Aerospace Inc. (HWM)
Howmet Aerospace Inc. operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Pittsburgh, PA, US. The stock last traded at $232.62, up 0.47% on the session, giving a market capitalisation of $93.07B. On trailing twelve-month figures it carries a trailing P/E of 49.81, a net margin of 20.5%. Its beta of 1.19 implies it has historically moved more than the broad market.
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.
Howmet Aerospace Inc. is most often compared with the following Industrials names: