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Howmet AerospaceHWM -2.88%82 Debt-to-EBITDA is 1.42 as of Mar. 2026, which is 66% below its 10-year median of 4.23. GuruFocus rates HWM with a GF Score™ of 82/100 and a GF Value™ of $140.73 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 254 Aerospace & Defense companies, Howmet Aerospace ranks worse than 50.79% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Howmet Aerospace's Debt-to-EBITDA or its related term are showing as below:
HWM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.41 Med: 4.23 Max: 6.31
Current: 1.84
During the past 12 years, the highest Debt-to-EBITDA Ratio of Howmet Aerospace was 6.31. The lowest was 1.41. And the median was 4.23.
HWM's Debt-to-EBITDA is ranked worse than 50.79% of 254
companies
in the Aerospace & Defense industry
Industry Median: 1.82
vs HWM: 1.84
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Howmet Aerospace Debt-to-EBITDA Related Terms
Howmet Aerospace Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Debt-to-EBITDA 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.
For the Aerospace & Defense subindustry, Howmet Aerospace's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Howmet Aerospace (HWM) has a Debt-to-EBITDA of 1.42 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Howmet Aerospace. This is 66% below median its historical median of 4.23. Over the past decade, Howmet Aerospace's Debt-to-EBITDA has ranged from 1.41 to 6.31. According to the industry distribution chart, Howmet Aerospace ranks #129 out of 254 companies in the Aerospace & Defense industry, placing it in the top 50.8%.
Is Howmet Aerospace's Debt-to-EBITDA too high?
Howmet Aerospace's current Debt-to-EBITDA of 1.42 is 66% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 6.31. The Aerospace & Defense industry median Debt-to-EBITDA is 1.82. Howmet Aerospace's value of 1.42 is 22% below this industry median. Based on the distribution chart, Howmet Aerospace ranks #129 out of 254 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Howmet Aerospace has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Debt-to-EBITDA compare to LMT and GD?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #129 out of 254 companies for Debt-to-EBITDA. This places Howmet Aerospace in the lower half of its industry. The industry median Debt-to-EBITDA is 1.82. Howmet Aerospace's value of 1.42 is 22% below this benchmark. Historically, Howmet Aerospace's own Debt-to-EBITDA has ranged from 1.41 to 6.31 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 1.82, 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 Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.82, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Debt-to-EBITDA of 1.42 is 22% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Howmet Aerospace. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Debt-to-EBITDA is 1.42, which is 66% below median its own 10-year median of 4.23. 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 $140.73, compared to a current price of $271.19 — trading 92.7% above its estimated fair value. The current Debt-to-EBITDA is 1.42, which is 66% below median its 10-year median of 4.23 and 22% below the Aerospace & Defense industry median of 1.82. Howmet Aerospace's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current Debt-to-EBITDA is 1.42 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 (HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of $271.19 is trading 92.7% above its estimated GF Value™ of $140.73.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
Debt-to-EBITDA: 1.42 (66% below median its 10-year median of 4.23)
GF Value™: $140.73 vs. price of $271.19 (92.7% above fair value)
Industry Position: 22% below the Aerospace & Defense median (#129 of 254)
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.
82GF Score
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