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Howmet AerospaceHWM 87 Cash-to-Debt is 0.12 as of Jun. 2026, which is 40% below its 10-year median of 0.20. GuruFocus rates HWM with a GF Score™ of 87/100 and a GF Value™ of $164.52 (Significantly Overvalued). Among 357 Aerospace & Defense companies, Howmet Aerospace ranks worse than 89.36% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Howmet Aerospace's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.12.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Howmet Aerospacecouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Howmet Aerospace's Cash-to-Debt or its related term are showing as below:
HWM'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: 0.52
Current: 0.12
During the past 12 years, Howmet Aerospace's highest Cash to Debt Ratio was 0.52. The lowest was 0.11. And the median was 0.20.
HWM's Cash-to-Debt is ranked worse than 89.36% of 357
companies
in the Aerospace & Defense industry
Industry Median: 0.93
vs HWM: 0.12
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Howmet Aerospace Cash-to-Debt Related Terms
Howmet Aerospace Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Aerospace & Defense subindustry, Howmet Aerospace's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Howmet Aerospace Cash-to-Debt vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Howmet Aerospace (HWM) has a Cash-to-Debt of 0.12 as of Jun. 2026. This is 40% below median its historical median of 0.20. Over the past decade, Howmet Aerospace's Cash-to-Debt has ranged from 0.11 to 0.52. According to the industry distribution chart, Howmet Aerospace ranks #319 out of 357 companies in the Aerospace & Defense industry, placing it in the top 89.4%.
Is Howmet Aerospace's Cash-to-Debt too high?
Howmet Aerospace's current Cash-to-Debt of 0.12 is 40% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.52. The Aerospace & Defense industry median Cash-to-Debt is 0.93. Howmet Aerospace's value of 0.12 is 87.1% below this industry median. Based on the distribution chart, Howmet Aerospace ranks #319 out of 357 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Howmet Aerospace has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Cash-to-Debt compare to GD and LMT?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #319 out of 357 companies for Cash-to-Debt. This places Howmet Aerospace in the lower half of its industry. The industry median Cash-to-Debt is 0.93. Howmet Aerospace's value of 0.12 is 87.1% below this benchmark. Historically, Howmet Aerospace's own Cash-to-Debt has ranged from 0.11 to 0.52 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.93, Howmet Aerospace has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Aerospace & Defense company?
The median Cash-to-Debt among Aerospace & Defense companies is 0.93, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Cash-to-Debt of 0.12 is 87.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Cash-to-Debt is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Cash-to-Debt is 0.12, which is 40% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howmet Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Howmet Aerospace (HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is $164.52, compared to a current price of $232.62 — trading 41.4% above its estimated fair value. The current Cash-to-Debt is 0.12, which is 40% below median its 10-year median of 0.20 and 87.1% below the Aerospace & Defense industry median of 0.93. Howmet Aerospace's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current Cash-to-Debt is 0.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Howmet Aerospace (HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of $232.62 is trading 41.4% above its estimated GF Value™ of $164.52.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
Cash-to-Debt: 0.12 (40% below median its 10-year median of 0.20)
GF Value™: $164.52 vs. price of $232.62 (41.4% above fair value)
Industry Position: 87.1% below the Aerospace & Defense median (#319 of 357)
No single metric tells the full story. See the HWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howmet Aerospace Inc offers engineered solutions for the aerospace and transportation industries. The company's products and solutions include investment castings for jet engines and industrial gas turbines; seamless rolled rings for jet engines; fastening systems for aerospace, industrial and commercial transportation applications; forged jet engine components (e.g., jet engine disks); machined and forged aircraft parts; and forged aluminum commercial vehicle wheels, all of which are sold directly to customers or through distributors. It has four reportable segments: Engine Products, which derives key revenue, Fastening Systems, Engineered Structures, and Forged Wheels. Geographically, the company derives maximum revenue from the USA, followed by France, Japan, Germany, and other markets.
87GF Score
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