# Howmet Aerospace Inc. (HWM) — Stock CV

Howmet Aerospace Inc. is a $90.0B industrial company. Revenue grew 18.1% over the last year, it keeps 21¢ of every dollar of sales as profit, and its net debt equals ~1.2 years of free cash flow. It trades at 48.0× earnings — around the middle of its own history.

> Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries.

## Identity

- **Ticker**: HWM
- **Sector**: Industrials
- **Industry**: Rolling Drawing & Extruding Of Nonferrous Metals
- **Headquarters**: PITTSBURGH, PA
- **Employees**: 25 430
- **Website**: https://www.howmet.com
- **Market cap**: $90.0B
- **Last price**: $225.67
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $9.12B
- **Net income**: $1.87B
- **Free cash flow**: $1.79B
- **Net debt**: $2.12B
- **P/E**: 48.0
- **Revenue growth (YoY)**: 18.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 27 |
| Growth | 95 |
| Profitability | 95 |
| Health | 55 |
| Quality | 89 |
| Moat | 22 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +18.1% YoY
- [x] Profitable — $1.87B TTM
- [x] Profit growing — +49.4% YoY
- [x] Generates cash — $1.79B TTM
- [x] Debt under control — ~1.2y of cash flow to repay
- [x] Established company — $90.0B market cap
- [x] Not printing shares — -7.5% shares over ~5y
- [x] Proven track record — 8/10 profitable years
- [ ] Financially stable — health score 43/100
- [x] Pays a dividend — yield 0.22%
- [x] Valuation not extreme — P/E 48.0

## Experience (career milestones)

- **FY2025** — Best year on record: $1.51B net income
- **FY2021** — Positive free cash flow every year since: 5-year streak
- **FY2018** — Turned profitable: $642M net income after a loss year
- **FY2016** — Revenue already above $10B: $12.4B in first reported year

## Strengths

- Strongly profitable — 20.5% net margin
- Revenue growing 18.1% year over year
- Strong cash conversion — FCF is 19.6% of revenue
- Interest covered 13.3× by operating earnings
- High returns on invested capital (ROIC 20.2%)

## Watch-outs

- Loss-making in 2 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $4.97B | $258M | $250M |
| FY2022 | $5.66B | $469M | $540M |
| FY2023 | $6.64B | $765M | $682M |
| FY2024 | $7.43B | $1.16B | $977M |
| FY2025 | $8.25B | $1.51B | $1.43B |

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Source: https://stockcv.com/HWM — derived from company filings; may be delayed or incomplete. Information, not investment advice.
