Howmet Aerospace (BUE:HWM) EBIT: ARS3,052,317 Mil (TTM As of Mar. 2026)


BUE:HWM Howmet Aerospace Inc BUE:HWM
68 GF Score
Price ARS427,875.00
GF Value ARS215,828.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Howmet Aerospace EBIT?

Howmet Aerospace BUE:HWM +0.04% 68 EBIT is ARS3,052,317 Mil as of Mar. 2026. GuruFocus rates BUE:HWM with a GF Score™ of 68/100 and a GF Value™ of ARS215,828.42 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Howmet Aerospace's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ARS1,050,082 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ARS3,052,317 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Howmet Aerospace's annualized ROC % for the quarter that ended in Mar. 2026 was 22.43%. Howmet Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 70.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Howmet Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.84%.


Howmet Aerospace  (BUE:HWM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Howmet Aerospace's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3691367.04 * ( 1 - 18.08% )/( (13742697.74 + 13219009.086)/ 2 )
=3023967.879168/13480853.413
=22.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=16226195.399 - 1406492.83 - ( 1077004.829 - max(0, 2570586.998 - 5485176.886+1077004.829))
=13742697.74

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18270868.598 - 1647132.717 - ( 3404726.795 - max(0, 3236937.385 - 7909872.477+3404726.795))
=13219009.086

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Howmet Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4200328.252/( ( (3998852.163 + max(2151106.68, 0)) + (3655012.667 + max(2157492.175, 0)) )/ 2 )
=4200328.252/( ( 6149958.843 + 5812504.842 )/ 2 )
=4200328.252/5981231.8425
=70.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1130709.922 + 2683803.139 + 568983.683) - (1406492.83 + 213368.881 + 612528.353)
=2151106.68

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1314350.385 + 2761534.054 + 429261.243) - (1647132.717 + 180373.617 + 520147.173)
=2157492.175

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Howmet Aerospace's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3052317.254/165787560.854
=1.84 %

* 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 EBIT Related Terms


Howmet Aerospace EBIT Historical Data

* Premium members only.

The historical data trend for Howmet Aerospace's EBIT 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 EBIT Chart

Howmet Aerospace Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58,877.17 139,987.75 430,673.00 1,580,650.02 2,889,914.58

Howmet Aerospace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 517,027.92 601,927.24 722,462.60 677,845.36 1,050,082.06

BUE:HWM vs GD, LMT, RKLB: EBIT Comparison

For the Aerospace & Defense subindustry, Howmet Aerospace's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's EV-to-EBIT falls into.


BUE:HWM
68GF Score
Howmet Aerospace Inc BUE:HWM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Howmet Aerospace EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 ARS3,052,317 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ARS3,052,317 Mil mean?
Howmet Aerospace (BUE:HWM) has a EBIT of ARS3,052,317 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howmet Aerospace.
Is Howmet Aerospace's EBIT too high?
Howmet Aerospace's current EBIT is ARS3,052,317 Mil. Overall, Howmet Aerospace has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's EBIT compare to GD and LMT?
Howmet Aerospace's EBIT of ARS3,052,317 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howmet Aerospace. Howmet Aerospace's current EBIT is ARS3,052,317 Mil. 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 (BUE:HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS215,828.42, compared to a current price of ARS427,875.00 — trading 98.2% above its estimated fair value. The current EBIT is ARS3,052,317 Mil. Howmet Aerospace's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Howmet Aerospace (BUE:HWM), the current EBIT is ARS3,052,317 Mil 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 (BUE:HWM) Overvalued in 2026?

Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued. The current stock price of ARS427,875.00 is trading 98.2% above its estimated GF Value™ of ARS215,828.42. GuruFocus considers Howmet Aerospace to be Significantly Overvalued.

Key valuation signals for BUE:HWM:

  • EBIT: ARS3,052,317 Mil
  • GF Value™: ARS215,828.42 vs. price of ARS427,875.00 (98.2% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the BUE:HWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howmet Aerospace Business Description

Address 201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
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.
68GF Score

Get the complete analysis for BUE:HWM

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS427,875.00
Price
ARS215,828.42
GF Value