HWM currently shows a PEG ratio reading of 1.55 as of Jun 23, 2026. This result reflects a P/E ratio of 63.39 measured against EPS growth of 40.9%. When benchmarked against the trailing 4-quarter average of 1.39, HWM's PEG ratio reflects a 12% increase.
A eight years lookback reveals an average PEG ratio of 1.91 for Howmet Aerospace. Compared to historical data, HWM's 1.55 PEG ratio represents a decrease of 19%. HWM hit its maximum PEG ratio of 31.21 during the Dec 2021 quarter over the last eight years. The Dec 2018 quarter marked the lowest reading at 0.02, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.73 | 54.97 | 31.8% |
| 2024 | 0.73 | 38.65 | 53% |
| 2023 | 0.45 | 29.25 | 65.2% |
| 2022 | 0.41 | 35.19 | 86.7% |
| 2021 | 31.21 | 53.05 | 1.7% |
| 2020 | N/A | 48.37 | -43.8% |
| 2019 | N/A | 29.3 | -21.1% |
| 2018 | 0.02 | 12.68 | 575% |
| 2017 | N/A | N/A | 87.9% |
| 2016 | N/A | N/A | -148.4% |
| 2015 | N/A | N/A | -245.3% |
| 2014 | 0.67 | 74.02 | 110% |
| 2013 | N/A | N/A | -1,285.2% |
| 2012 | N/A | 48.22 | -68.4% |
| 2011 | 0.12 | 15.18 | 128% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.3 | 53.1 | 40.9% |
| Dec 2025 | 1.73 | 54.97 | 31.8% |
| Sep 2025 | 1.48 | 54.66 | 37% |
| Jun 2025 | 1.04 | 54.11 | 52.2% |
| Mar 2025 | 0.88 | 42.12 | 48.1% |
| Dec 2024 | 0.73 | 38.65 | 53% |
| Sep 2024 | 0.55 | 38.26 | 70.1% |
| Jun 2024 | 0.45 | 34.35 | 76.6% |
| Mar 2024 | 0.41 | 32.9 | 79.3% |
| Dec 2023 | 0.45 | 29.25 | 65.2% |
| Sep 2023 | 0.61 | 30.03 | 49.5% |
| Jun 2023 | 0.92 | 38.72 | 42.2% |
| Mar 2023 | 0.6 | 36.53 | 61.1% |
| Dec 2022 | 0.41 | 35.19 | 86.7% |
| Sep 2022 | 0.51 | 30.03 | 58.5% |
When comparing to historical data, HWM's PEG ratio is above the 3-year average, yet it comes in under the 5 and 10-year averages.
With a PEG of 1.55, HWM ranks higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.12, Howmet Aerospace's PEG is 38% higher.
Among its peer stock RTX, HWM's PEG ratio runs higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| RTX Raytheon Technologies Corp | 0.6 | $251.01B |
| HWM Howmet Aerospace Inc | 1.55 | $110.08B |
Based on Jun 23, 2026 data, HWM shows a PEG ratio of 1.55.
HWM's 3-year PEG ratio average comes in at 0.88.
HWM's 5-year PEG ratio average comes in at 2.48.
HWM's PEG ratio topped out at 31.21 during the Dec 2021 quarter - the highest in eight years.
At present, HWM's PEG ratio runs 19% lower than its 8-year historical average.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jun 23, 2026, Howmet Aerospace carries a PE ratio of 63.39. Earnings grew at 40.9% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 1.55. PEG RATIO(1.55) = PE RATIO(63.39) / EPS GROWTH(40.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.