HWM Howmet Aerospace margins

  1. Stocks
  2. Industrials
  3. NYSE: HWM
  4. Margins
Sign up for free to view scoring metrics ?
Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 88
Gross margin
36.6%
Operating margin
28.1%
EBITDA margin
30.9%
Net margin
21.1%

Using the latest TTM figures, Howmet Aerospace shows a gross margin of 36.6%, an operating margin of 28.1%, an EBITDA margin of 30.9%, and a net margin of 21.1%. All reported margins improved year over year, led by gross margin with an increase of 3.2 percentage points.

HWM margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Howmet Aerospace recorded average margins of 32.33% gross, 23.27% operating, 26.31% EBITDA, and 16.71% net. Compared with their three-year averages, all four current margins are higher.

HWM margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by gross margin with an increase of 3.2 percentage points.

Gross margin expansion
3.2pp
Operating margin expansion
3pp
EBITDA margin expansion
2.8pp
Net margin expansion
2.9pp

HWM Gross margin

Over the last 3 years, the average gross margin for Howmet Aerospace was 32.33%. The latest gross margin for Howmet Aerospace is 36.6%, 4.3 percentage points above its three-year average. Howmet Aerospace's gross margin ranged from a low of 28.1% in Dec 2023 to a high of 36.6% in Sep 2026.

HWM Operating margin

Howmet Aerospace recorded an average operating margin of 23.27% across the last 3 years. Howmet Aerospace currently reports an operating margin of 28.1%, 4.8 percentage points above its three-year average. Over the last 3 years, Howmet Aerospace's operating margin peaked at 28.1% in Sep 2026 and reached a low of 18.1% in Dec 2023.

HWM EBITDA margin

Over the last 3 years, the average EBITDA margin for Howmet Aerospace was 26.31%. As of the latest period, Howmet Aerospace's current EBITDA margin is 30.9%, which is 4.6 percentage points above its three-year average. Howmet Aerospace's EBITDA margin ranged from a low of 22.1% in Dec 2023 to a high of 30.9% in Sep 2026.

HWM Net margin

The average net margin for Howmet Aerospace was 16.71% across the past 3 years. Howmet Aerospace's current net margin is 21.1% and is 4.4 percentage points above its three-year average. The net margin for Howmet Aerospace moved between 11.5% in Dec 2023 and 21.1% in Sep 2026.

HWM margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 36.6%, HWM stands above the Industrials sector and the industry average. Compared to its Industrials sector average of 32.5%, Howmet Aerospace's gross margin is 13% higher.

HWM margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Howmet Aerospace's gross margin?

As of Sep 30, 2026, HWM has a gross margin of 36.6%.

What is Howmet Aerospace's operating margin?

As of Sep 30, 2026, HWM has an operating margin of 28.1%.

What is Howmet Aerospace's EBITDA margin?

The current EBITDA margin for HWM is 30.9% as of Sep 30, 2026.

What is Howmet Aerospace's net margin?

For the period ending Sep 30, 2026, HWM recorded a net margin of 21.1%.

What are the average margins of HWM?

The three-year average margins for HWM were 32.3% gross, 23.3% operating, 26.3% EBITDA, and 16.7% net.

What are the highest historical margins of HWM?

In the last 5 years, the highest margins reported by HWM were 36.6% gross in Sep 2026, 28.1% operating in Sep 2026, 30.9% EBITDA in Sep 2026, and 21.1% net in Sep 2026.

What are the lowest historical margins of HWM?

Looking back across 5 years, HWM reached its lowest margins at 27% gross in Jun 2023, 15% operating in Dec 2021, 17.2% EBITDA in Dec 2021, and 5.2% net in Dec 2021.