Last 47 quarters of trend data · Industrials · Industrial - Machinery
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Howmet Aerospace Inc.'s quarterly P/E stands at 55.7x, up 56.9% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 46.1% YoY to 32.7x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 69.12 | 55.71 | 51.64 | 46.53 | 38.61 | 35.51 | 30.94 | 29.86 | 29.00 | 23.74 | 25.69 | 26.93 | 30.26 |
| — | +56.9% | +66.9% | +55.8% | +33.2% | +49.6% | +20.4% | +10.9% | -4.2% | -37.4% | -36.9% | +19.9% | +4.4% | |
| P/S Ratio | 12.46 | 9.55 | 9.51 | 9.22 | 6.80 | 5.90 | 5.60 | 4.24 | 3.86 | 3.24 | 2.89 | 3.14 | 2.76 |
| — | +61.9% | +69.8% | +117.4% | +75.9% | +82.3% | +93.5% | +35.3% | +39.9% | +18.6% | +27.7% | +31.6% | -4.2% | |
| P/B Ratio | 19.45 | 15.47 | 15.45 | 15.02 | 11.02 | 9.80 | 9.13 | 7.46 | 6.90 | 5.55 | 4.96 | 5.47 | 4.71 |
| — | +57.9% | +69.3% | +101.4% | +59.7% | +76.6% | +84.1% | +36.3% | +46.5% | +21.0% | +24.9% | +41.1% | +6.6% | |
| P/FCF | 71.85 | 39.07 | 98.36 | 55.05 | 98.51 | 29.51 | 63.43 | 23.32 | 74.19 | 13.90 | 36.35 | 27.48 | — |
| — | +32.4% | +55.1% | +136.1% | +32.8% | +112.4% | +74.5% | -15.1% | — | +38.0% | -74.3% | -5.6% | — | |
| EV / EBITDA | 43.56 | 32.74 | 33.39 | 33.32 | 24.93 | 22.42 | 22.55 | 17.88 | 17.98 | 15.00 | 15.08 | 17.06 | 14.81 |
| — | +46.1% | +48.1% | +86.4% | +38.7% | +49.4% | +49.6% | +4.8% | +21.3% | +7.4% | +15.5% | +26.7% | -6.0% | |
| EV / EBIT | 49.35 | 36.89 | 38.54 | 38.78 | 28.74 | 27.51 | 27.65 | 22.83 | 22.27 | 19.90 | 19.15 | 20.33 | 19.20 |
| — | +34.1% | +39.4% | +69.9% | +29.0% | +38.2% | +44.4% | +12.3% | +16.0% | -18.4% | -26.7% | +14.7% | -7.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Howmet Aerospace Inc.'s operating margin was 26.6% in Q4 2025, up 0.7 pp QoQ and up 2.4 pp YoY. This marks the 8th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. Gross margin expanded 10.1% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.7% | 31.5% | 31.2% | 30.2% | 30.0% | 28.6% | 28.0% | 27.9% | 25.6% | 26.1% | 24.4% | 23.4% | 23.3% |
| — | +10.1% | +11.4% | +8.2% | +17.3% | +9.8% | +15.0% | +19.3% | +9.7% | +8.6% | +3.6% | -4.6% | -1.3% | |
| Operating Margin | 25.8% | 26.6% | 25.9% | 25.4% | 25.2% | 24.2% | 22.9% | 22.3% | 20.2% | 20.7% | 18.6% | 17.5% | 18.1% |
| — | +10.1% | +13.4% | +13.6% | +24.7% | +16.5% | +23.2% | +27.8% | +11.8% | +7.8% | +3.6% | -2.2% | +1.1% | |
| Net Margin | 18.3% | 17.2% | 18.4% | 19.8% | 17.7% | 16.6% | 18.1% | 14.1% | 13.3% | 13.6% | 11.3% | 11.7% | 9.2% |
| — | +3.3% | +1.9% | +40.1% | +33.0% | +21.8% | +59.6% | +20.8% | +44.3% | +85.8% | +103.1% | +11.0% | -6.7% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 30.4% | 7.1% | 7.6% | 8.3% | 7.4% | 6.9% | 7.6% | 6.4% | 6.0% | 6.0% | 4.9% | 5.1% | 4.0% |
| — | +2.2% | -0.0% | +30.1% | +23.0% | +16.2% | +53.8% | +24.2% | +48.8% | +84.8% | +105.7% | +19.8% | +6.9% | |
| ROA | 13.9% | 3.3% | 3.5% | 3.7% | 3.2% | 3.0% | 3.1% | 2.5% | 2.3% | 2.3% | 1.8% | 1.9% | 1.4% |
| — | +11.7% | +10.8% | +47.9% | +38.5% | +30.0% | +69.6% | +33.4% | +61.0% | +108.4% | +130.2% | +29.8% | +12.5% | |
| ROIC | 21.1% | 5.6% | 5.2% | 5.0% | 4.8% | 4.6% | 4.3% | 4.3% | 3.8% | 3.7% | 3.1% | 2.9% | 3.0% |
| — | +22.5% | +22.1% | +15.5% | +26.7% | +25.0% | +35.8% | +46.6% | +26.4% | +19.7% | +16.4% | +13.9% | +22.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Howmet Aerospace Inc.'s Debt/EBITDA ratio is 4.7x, down from 5.2x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 5 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.57 | 0.57 | 0.62 | 0.68 | 0.73 | 0.76 | 0.75 | 0.89 | 0.90 | 0.95 | 1.01 | 1.09 | 1.09 |
| — | -25.2% | -17.7% | -23.8% | -19.6% | -19.8% | -25.3% | -17.8% | -17.1% | -20.0% | -22.8% | -13.3% | -13.2% | |
| Debt / EBITDA | 1.26 | 4.69 | 5.19 | 5.81 | 6.23 | 6.55 | 6.95 | 7.81 | 8.47 | 8.98 | 10.40 | 11.55 | 11.42 |
| — | -28.4% | -25.3% | -25.6% | -26.4% | -27.1% | -33.1% | -32.4% | -25.9% | -24.8% | -21.8% | -14.8% | -20.3% | |
| Current Ratio | 2.13 | 2.13 | 2.35 | 2.31 | 2.30 | 2.17 | 2.24 | 1.53 | 1.97 | 1.86 | 2.14 | 2.22 | 2.18 |
| — | -1.7% | +5.3% | +51.1% | +16.7% | +16.8% | +4.5% | -31.1% | -9.7% | -12.4% | +3.8% | +3.4% | -1.7% | |
| Quick Ratio | 1.09 | 1.09 | 1.14 | 1.08 | 1.07 | 0.98 | 0.98 | 0.74 | 0.92 | 0.87 | 0.94 | 1.00 | 0.99 |
| — | +10.9% | +15.9% | +45.3% | +16.4% | +13.0% | +4.7% | -25.7% | -7.8% | -16.0% | +4.9% | +4.0% | -3.9% | |
| Interest Coverage | 14.11 | 15.59 | 14.65 | 13.71 | 12.56 | 11.43 | 9.55 | 8.57 | 7.53 | 6.90 | 5.70 | 5.24 | 5.09 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Howmet Aerospace Inc.'s current P/E is 69.1x. The average P/E over the last 4 quarters is 48.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Howmet Aerospace Inc.'s current operating margin is 25.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Howmet Aerospace Inc.'s business trajectory between earnings reports.