Howmet Aerospace forward PE HWM

Share price divided by analysts' consensus earnings for the next twelve months, since 2009.

Today, Oct 23, 2026: 31.5×
10-year median: 25.5×
Against its 10-year history: 72nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.0× to 52.4×
Peer median: 22.1×

Howmet Aerospace's forward PE is 31.5× as of Oct 23, 2026.

That is above its ten-year median of 25.5×, higher than on 72% of days in the last ten years.

Over that time it ranged from 9.0× in Feb 2019 to 52.4× in Jul 2026.

The median for 10 aerospace and defense stocks of a similar size is 22.1×.

Forward PE over time

median 25.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	31.5×	31.5×	52.4×
2025	45.1×	31.9×	49.4×
2024	34.0×	24.0×	36.2×
2023	24.2×	21.4×	27.3×
2022	24.4×	20.0×	27.7×
2021	25.1×	22.7×	34.4×
2020	34.3×	13.8×	42.8×
2019	27.1×	9.0×	27.5×
2018	10.0×	10.0×	27.3×
2017	24.1×	20.6×	29.3×
2016	20.2×	14.0×	23.7×
2015	20.8×	13.3×	22.3×
2014	13.3×	9.7×	14.6×
2013	11.2×	7.6×	11.2×
2012	7.9×	7.6×	9.1×
2011	34.9×	11.4×	56.8×
2010	10.7×	7.8×	29.3×
2009	27.8×	21.4×	60.2×

Against its peers

Companies in Aerospace & Defense nearest Howmet Aerospace's size, closest first, today.

Company	Forward PE
HWMHowmet Aerospace	31.5×
NOCNorthrop Grumman	18.9×
TDGTransDigm	23.6×
GDGeneral Dynamics	20.0×
HONAHoneywell Aerospace	20.1×
LHXL3Harris Technologies	20.6×
HEIHEICO	42.8×
LMTLockheed Martin	19.2×
BABoeing	197×
AXONAxon Enterprise	47.0×
RTXRTX	24.7×
Peer median	22.1×

Where Howmet Aerospace ranks

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Howmet Aerospace

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.