Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Howmet Aerospace's gross profit for the
three
months ended in Mar. 2026 was $854 Mil. Howmet Aerospace's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $3,022 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Howmet Aerospace's gross profit for the
three
months ended in Mar. 2026 was $854 Mil. Howmet Aerospace's Revenue for the
three
months ended in Mar. 2026 was $2,313 Mil. Therefore, Howmet Aerospace's Gross Margin % for the quarter that ended in Mar. 2026 was 36.92%.
Howmet Aerospace had a gross margin of 36.92% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 12 years, the highestGross Margin % of Howmet Aerospace was 35.05%. The lowest was 21.13%. And the median was 27.05%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Howmet Aerospace had a gross margin of 36.92% for the quarter that ended in Mar. 2026 => Competition eroding margins
Howmet Aerospace Gross Profit Related Terms
Howmet Aerospace Gross Profit Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Gross Profit 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 Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Gross Profit distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Gross Profit falls into.
Gross Profit 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 $3,022 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Howmet Aerospace (HWM) has a Gross Profit of $3,022 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Howmet Aerospace and its competitors.
Is Howmet Aerospace's Gross Profit too high?
Howmet Aerospace's current Gross Profit is $3,022 Mil. 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 Gross Profit compare to GD and LMT?
Howmet Aerospace's Gross Profit of $3,022 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 Gross Profit for an Aerospace & Defense company?
A good Gross Profit depends on the Aerospace & Defense industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Howmet Aerospace and its competitors. Howmet Aerospace's current Gross Profit is $3,022 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 (HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is $141.60, compared to a current price of $278.29 — trading 96.5% above its estimated fair value. The current Gross Profit is $3,022 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Howmet Aerospace (HWM), the current Gross Profit is $3,022 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 (HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of $278.29 is trading 96.5% above its estimated GF Value™ of $141.60.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for HWM:
Gross Profit: $3,022 Mil
GF Value™: $141.60 vs. price of $278.29 (96.5% above fair value)
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
Get the complete analysis for HWM
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HWM has been successfully added to your 
