Howmet AerospaceMEX:HWM -3.63%69 Current Ratio is 2.44 as of Mar. 2026, which is 13% above its 10-year median of 2.16. GuruFocus rates MEX:HWM with a GF Score™ of 69/100 and a GF Value™ of MXN2,434.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 357 Aerospace & Defense companies, Howmet Aerospace ranks better than 61.62% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Howmet Aerospace's current ratio for the quarter that ended in Mar. 2026 was 2.44.
Howmet Aerospace has a current ratio of 2.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Howmet Aerospace's Current Ratio or its related term are showing as below:
MEX:HWM'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 2.16 Max: 2.59
Current: 2.44
During the past 12 years, Howmet Aerospace's highest Current Ratio was 2.59. The lowest was 1.32. And the median was 2.16.
MEX:HWM's Current Ratio is ranked better than 61.62% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs MEX:HWM: 2.44
Howmet Aerospace (MEX:HWM) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Howmet Aerospace Current Ratio Related Terms
Howmet Aerospace Current Ratio Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Current Ratio 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.
MEX:HWM vs GD, LMT, RKLB: Current Ratio Comparison
For the Aerospace & Defense subindustry, Howmet Aerospace's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Current Ratio distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Current Ratio 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 (MEX:HWM) has a Current Ratio of 2.44 as of Mar. 2026. This is 13% above median its historical median of 2.16. Over the past decade, Howmet Aerospace's Current Ratio has ranged from 1.32 to 2.59. According to the industry distribution chart, Howmet Aerospace ranks #137 out of 357 companies in the Aerospace & Defense industry, placing it in the top 38.4%.
Is Howmet Aerospace's Current Ratio too high?
Howmet Aerospace's current Current Ratio of 2.44 is 13% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 2.59. The Aerospace & Defense industry median Current Ratio is 1.93. Howmet Aerospace's value of 2.44 is 26.4% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #137 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Howmet Aerospace has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Current Ratio compare to GD and LMT?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #137 out of 357 companies for Current Ratio. This puts Howmet Aerospace in the upper half of its industry. The industry median Current Ratio is 1.93. Howmet Aerospace's value of 2.44 is 26.4% above this benchmark. Historically, Howmet Aerospace's own Current Ratio has ranged from 1.32 to 2.59 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.93, Howmet Aerospace has consistently been above 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 Current Ratio for an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Current Ratio of 2.44 is 26.4% above 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Current Ratio is 2.44, which is 13% above median its own 10-year median of 2.16. 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 (MEX:HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,434.36, compared to a current price of MXN4,698.00 — trading 93% above its estimated fair value. The current Current Ratio is 2.44, which is 13% above median its 10-year median of 2.16 and 26.4% above the Aerospace & Defense industry median of 1.93. Howmet Aerospace's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Howmet Aerospace (MEX:HWM), the current Current Ratio is 2.44 as of Mar. 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 (MEX:HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of MXN4,698.00 is trading 93% above its estimated GF Value™ of MXN2,434.36.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for MEX:HWM:
Current Ratio: 2.44 (13% above median its 10-year median of 2.16)
GF Value™: MXN2,434.36 vs. price of MXN4,698.00 (93% above fair value)
Industry Position: 26.4% above the Aerospace & Defense median (#137 of 357)
No single metric tells the full story. See the MEX: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.
69GF Score
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