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Howmet Aerospace (Howmet Aerospace) Market Cap : $34,581 Mil (As of May. 27, 2024)


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What is Howmet Aerospace Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Howmet Aerospace's share price for the quarter that ended in Mar. 2024 was $68.43. Howmet Aerospace's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 408 Mil. Therefore, Howmet Aerospace's market cap for the quarter that ended in Mar. 2024 was $27,931 Mil.

Howmet Aerospace's quarterly market cap increased from Sep. 2023 ($19,043 Mil) to Dec. 2023 ($22,185 Mil) and increased from Dec. 2023 ($22,185 Mil) to Mar. 2024 ($27,931 Mil).

Howmet Aerospace's annual market cap increased from Dec. 2021 ($13,422 Mil) to Dec. 2022 ($16,243 Mil) and increased from Dec. 2022 ($16,243 Mil) to Dec. 2023 ($22,185 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Howmet Aerospace's Enterprise Value for Today is $37,795 Mil.


Howmet Aerospace Market Cap Historical Data

The historical data trend for Howmet Aerospace's Market Cap 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.

* Premium members only.

Howmet Aerospace Market Cap Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,211.05 12,355.14 13,422.46 16,243.03 22,184.55

Howmet Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 17,448.39 20,427.15 19,043.11 22,184.55 27,931.07

Competitive Comparison of Howmet Aerospace's Market Cap

For the Aerospace & Defense subindustry, Howmet Aerospace's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Market Cap distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Market Cap falls into.



Howmet Aerospace Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Howmet Aerospace's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$54.12*409.914
=$22,185

Howmet Aerospace's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$68.43*408.17
=$27,931

* 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  (NYSE:HWM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Howmet Aerospace Market Cap Related Terms

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Howmet Aerospace (Howmet Aerospace) Business Description

Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.
Executives
Gunner Smith director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Neil Edward Marchuk officer: Executive Vice President 12025 TECH CENTER DRIVE, LIVONIA MI 48150
Barbara Lou Shultz officer: Vice President and Controller 201 ISABELLA STREET, PITTSBURGH PA 15212
Ken Giacobbe officer: Exec VP and CFO ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Niem Chanatry officer: Vice President 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Lola Felice Lin officer: EVP, CLO and Secretary 201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Sharon R Barner director 500 JACKSON STREET, COLUMBUS IN 47201
Jody Miller director 225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Nicole Weyerhaeuser Piasecki director 2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
Tolga I Oal director, officer: Co-Chief Executive Officer 201 ISABELLA STREET, PITTSTBURGH PA 15212
Joseph S Cantie director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Katherine H Ramundo officer: EVP, CLO & Secretary C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
Timothy Donald Myers officer: Executive Vice President ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
W Paul Myron officer: Vice President and Controller ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608

Howmet Aerospace (Howmet Aerospace) Headlines