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Howmet AerospaceHWM +1.80%82 Earnings per Share (Diluted) is $4.31 as of Mar. 2026. GuruFocus rates HWM with a GF Score™ of 82/100 and a GF Value™ of $141.73 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 258 Aerospace & Defense companies, Howmet Aerospace ranks better than 70.54% on this metric.
Howmet Aerospace's EPS (Basic) for the
three
months ended in Mar. 2026 was $1.45.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $4.34.
During the past 12 months, Howmet Aerospace's average EPS without NRIGrowth Rate was 38.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 39.10% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 36.80% per year.
During the past 12 years, Howmet Aerospace's highest 3-Year average EPS without NRI Growth Rate was 39.10% per year. The lowest was -13.10% per year. And the median was 29.70% per year.
Howmet Aerospace (NYSE:HWM) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Howmet Aerospace Earnings per Share (Diluted) Related Terms
Howmet Aerospace Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Earnings per Share (Diluted) 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.
Howmet Aerospace Earnings per Share (Diluted) Chart
HWM vs GD, LMT, NOC: Earnings per Share (Diluted) Comparison
For the Aerospace & Defense subindustry, Howmet Aerospace's PE Ratio, along with its competitors' market caps and PE 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 PE Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's PE Ratio distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's PE Ratio falls into.
Howmet Aerospace Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Howmet Aerospace's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.31
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $4.31 mean?
Howmet Aerospace (HWM) has a Earnings per Share (Diluted) of $4.31 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Howmet Aerospace and its competitors. According to the industry distribution chart, Howmet Aerospace ranks #76 out of 258 companies in the Aerospace & Defense industry, placing it in the top 29.5%.
Is Howmet Aerospace's Earnings per Share (Diluted) too high?
Howmet Aerospace's current Earnings per Share (Diluted) is $4.31. The Aerospace & Defense industry median Earnings per Share (Diluted) is 15.85. Howmet Aerospace's value of $4.31 is 72.8% below this industry median. Based on the distribution chart, Howmet Aerospace ranks #76 out of 258 companies in the Aerospace & Defense industry, which is above 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 Earnings per Share (Diluted) compare to GD and LMT?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #76 out of 258 companies for Earnings per Share (Diluted). This puts Howmet Aerospace in the upper half of its industry. The industry median Earnings per Share (Diluted) is 15.85. Howmet Aerospace's value of $4.31 is 72.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Aerospace & Defense company?
The median Earnings per Share (Diluted) among Aerospace & Defense companies is 15.85, based on 258 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Earnings per Share (Diluted) of $4.31 is 72.8% 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Howmet Aerospace and its competitors. For the Aerospace & Defense industry, the median Earnings per Share (Diluted) is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Earnings per Share (Diluted) is $4.31. 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 $141.73, compared to a current price of $282.26 — trading 99.2% above its estimated fair value. The current Earnings per Share (Diluted) is $4.31 and 72.8% below the Aerospace & Defense industry median of 15.85. Howmet Aerospace's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current Earnings per Share (Diluted) is $4.31 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 $282.26 is trading 99.2% above its estimated GF Value™ of $141.73.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
Earnings per Share (Diluted): $4.31
GF Value™: $141.73 vs. price of $282.26 (99.2% above fair value)
Industry Position: 72.8% below the Aerospace & Defense median (#76 of 258)
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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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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