HWMHowmet Aerospace Inc.
Rolling Drawing & Extruding Of Nonferrous Metals
- Revenue
- $8.3B
- 11% YoY
- Operating margin
- 24.8%
- 13% YoY
- EBITDA
- $2.3B
- 22% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.7×
- $3.9B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear125% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear49% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear38% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.0B | $5.7B | $6.6B | $7.4B | $8.3B | 11% |
| Operating income | $748M | $919M | $1.2B | $1.6B | $2.0B | 25% |
| Net income | $258M | $469M | $765M | $1.2B | $1.5B | 31% |
| Operating cash flow | $449M | $733M | $901M | $1.3B | $1.9B | 45% |
| Capex | $199M | $193M | $219M | $321M | $453M | 41% |
| Stock-based comp | $40M | $54M | $50M | $63M | $73M | 16% |
| Buybacks | $430M | $400M | $250M | $500M | $700M | 40% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $260K · 1
- Net
- −$260K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 728 | 230 |
| FY2024 | — | — | 387 | 162 |
| FY2023 | — | — | 191 | 142 |
| FY2022 | — | — | 139 | 133 |
| FY2021 | — | — | 112 | 113 |