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Howmet AerospaceHWM +0.46%82 EV-to-EBITDA is 43.71 as of Jul. 18, 2026, which is 134% above its 10-year median of 18.70. GuruFocus rates HWM with a GF Score™ of 82/100 and a GF Value™ of $140.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 265 Aerospace & Defense companies, Howmet Aerospace ranks worse than 76.6% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Howmet Aerospace's enterprise value is $111,252 Mil.
Howmet Aerospace's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,545 Mil. Therefore, Howmet Aerospace's EV-to-EBITDA for today is 43.71.
The historical rank and industry rank for Howmet Aerospace's EV-to-EBITDA or its related term are showing as below:
HWM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.36 Med: 18.7 Max: 47.96
Current: 43.71
During the past 12 years, the highest EV-to-EBITDA of Howmet Aerospace was 47.96. The lowest was 3.36. And the median was 18.70.
HWM's EV-to-EBITDA is ranked worse than 76.6% of 265
companies
in the Aerospace & Defense industry
Industry Median: 21.44
vs HWM: 43.71
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Howmet Aerospace's PE Ratio (TTM) for today is calculated as:
Howmet Aerospace's share price for today is $272.43.
Howmet Aerospace's 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 $4.310.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Howmet Aerospace's EV-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 EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's EV-to-EBITDA falls into.
Howmet Aerospace's current Enterprise Value is $111,252 Mil.
Howmet Aerospace's EBITDA 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 $2,545 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.
Howmet Aerospace (HWM) has a EV-to-EBITDA of 43.71 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Howmet Aerospace. This is 134% above median its historical median of 18.70. Over the past decade, Howmet Aerospace's EV-to-EBITDA has ranged from 3.36 to 47.96. According to the industry distribution chart, Howmet Aerospace ranks #203 out of 265 companies in the Aerospace & Defense industry, placing it in the top 76.6%.
Is Howmet Aerospace's EV-to-EBITDA too high?
Howmet Aerospace's current EV-to-EBITDA of 43.71 is 134% above median its 10-year median of 18.70. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 47.96. The Aerospace & Defense industry median EV-to-EBITDA is 21.44. Howmet Aerospace's value of 43.71 is 103.9% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #203 out of 265 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. 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 EV-to-EBITDA compare to LMT and GD?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #203 out of 265 companies for EV-to-EBITDA. This places Howmet Aerospace in the lower half of its industry. The industry median EV-to-EBITDA is 21.44. Howmet Aerospace's value of 43.71 is 103.9% above this benchmark. Historically, Howmet Aerospace's own EV-to-EBITDA has ranged from 3.36 to 47.96 over the past decade. While the company's 10-year median is 18.70 vs. the industry median of 21.44, 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 EV-to-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 21.44, based on 265 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current EV-to-EBITDA of 43.71 is 103.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Howmet Aerospace. For the Aerospace & Defense industry, the median EV-to-EBITDA is 21.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current EV-to-EBITDA is 43.71, which is 134% above median its own 10-year median of 18.70. 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 $140.80, compared to a current price of $272.43 — trading 93.5% above its estimated fair value. The current EV-to-EBITDA is 43.71, which is 134% above median its 10-year median of 18.70 and 103.9% above the Aerospace & Defense industry median of 21.44. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current EV-to-EBITDA is 43.71 as of Jul. 18, 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 $272.43 is trading 93.5% above its estimated GF Value™ of $140.80.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
EV-to-EBITDA: 43.71 (134% above median its 10-year median of 18.70)
GF Value™: $140.80 vs. price of $272.43 (93.5% above fair value)
Industry Position: 103.9% above the Aerospace & Defense median (#203 of 265)
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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