Howmet AerospaceMEX:HWM +0.41%69 Interest Coverage is 15.35 as of Mar. 2026, which is 368% above its 10-year median of 3.28. GuruFocus rates MEX:HWM with a GF Score™ of 69/100 and a GF Value™ of MXN2,459.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 241 Aerospace & Defense companies, Howmet Aerospace ranks better than 67.22% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Howmet Aerospace's
Operating Income
for the
three
months ended in Mar. 2026 was MXN11,902 Mil. Howmet Aerospace's Interest Expense for the
three
months ended in Mar. 2026 was MXN-775 Mil.
Howmet Aerospace's interest coverage for the quarter that ended in Mar. 2026 was 15.35.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Howmet Aerospace's Interest Coverage or its related term are showing as below:
MEX:HWM'
s Interest Coverage Range Over the Past 10 Years
Min: 2.22 Med: 3.28 Max: 14.7
Current: 14.7
MEX:HWM's Interest Coverage is ranked better than 67.22% of 241
companies
in the Aerospace & Defense industry
Industry Median: 8.69
vs MEX:HWM: 14.70
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Howmet Aerospace Interest Coverage Related Terms
Howmet Aerospace Interest Coverage Historical Data
* Premium members only.
The historical data trend for Howmet Aerospace's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:HWM vs GD, LMT, RKLB: Interest Coverage Comparison
For the Aerospace & Defense subindustry, Howmet Aerospace's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Howmet Aerospace's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:HWM) has a Interest Coverage of 15.35 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Howmet Aerospace and its competitors. This is 368% above median its historical median of 3.28. Over the past decade, Howmet Aerospace's Interest Coverage has ranged from 2.22 to 14.70. According to the industry distribution chart, Howmet Aerospace ranks #79 out of 241 companies in the Aerospace & Defense industry, placing it in the top 32.8%.
Is Howmet Aerospace's Interest Coverage too high?
Howmet Aerospace's current Interest Coverage of 15.35 is 368% above median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 14.70. The Aerospace & Defense industry median Interest Coverage is 8.69. Howmet Aerospace's value of 15.35 is 76.6% above this industry median. Based on the distribution chart, Howmet Aerospace ranks #79 out of 241 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Howmet Aerospace has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howmet Aerospace's Interest Coverage compare to GD and LMT?
According to the Aerospace & Defense industry distribution chart, Howmet Aerospace ranks #79 out of 241 companies for Interest Coverage. This puts Howmet Aerospace in the upper half of its industry. The industry median Interest Coverage is 8.69. Howmet Aerospace's value of 15.35 is 76.6% above this benchmark. Historically, Howmet Aerospace's own Interest Coverage has ranged from 2.22 to 14.70 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 8.69, 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 Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howmet Aerospace's current Interest Coverage of 15.35 is 76.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Howmet Aerospace and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howmet Aerospace's current Interest Coverage is 15.35, which is 368% above median its own 10-year median of 3.28. 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 (MEX:HWM) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,459.04, compared to a current price of MXN4,875.00 — trading 98.2% above its estimated fair value. The current Interest Coverage is 15.35, which is 368% above median its 10-year median of 3.28 and 76.6% above the Aerospace & Defense industry median of 8.69. Howmet Aerospace's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Howmet Aerospace (MEX:HWM), the current Interest Coverage is 15.35 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 (MEX:HWM) Overvalued in 2026?
Based on GuruFocus' analysis, Howmet Aerospace stock appears to be overvalued.
The current stock price of MXN4,875.00 is trading 98.2% above its estimated GF Value™ of MXN2,459.04.
GuruFocus considers Howmet Aerospace to be Significantly Overvalued.
Key valuation signals for MEX:HWM:
Interest Coverage: 15.35 (368% above median its 10-year median of 3.28)
GF Value™: MXN2,459.04 vs. price of MXN4,875.00 (98.2% above fair value)
Industry Position: 76.6% above the Aerospace & Defense median (#79 of 241)
No single metric tells the full story. See the MEX: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.
69GF Score
Get the complete analysis for MEX:HWM
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:HWM has been successfully added to your 
