Howmet Aerospace Inc. (HWM) vs Waste Management, Inc. (WM)

HWM leads on 9 of 16 compared metrics, though WM is the cheaper stock.

A side-by-side comparison of Howmet Aerospace Inc. and Waste Management, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — HWM vs WM

growth of $100 · last 30y
HWM +1113.6%WM +731.6%HWM compounded faster
05001kStart $100200120062011201620212026$1,214$832
HWM WM

HWM vs WM: by the numbers

  • HWM is the larger company ($109.54B vs $93.03B market cap).
  • WM trades at the lower earnings multiple (33.86 vs 63.01 P/E).
  • HWM converts more revenue to profit (20.22% vs 10.99% net margin).
  • HWM grew revenue faster over the past five years (12.27% vs 10.25% CAGR).
  • WM pays the higher dividend yield (1.62% vs 0.18%).

Which is better, HWM or WM?

Metric tally: HWM 9 · WM 7

It depends on what you're optimizing for:

ValueWM(lower P/E)
GrowthHWM(faster 5Y revenue CAGR)
IncomeWM(higher dividend yield)
QualityHWM(higher ROIC)

Metrics side by side

Valuation

MetricHWMWM
P/E ratio63.0133.86
Forward P/E53.6828.59
P/S ratio12.693.72
P/B ratio19.829.44
PEG ratio1.732.47
EV / EBITDA41.6615.30
FCF yield1.31%3.48%

Profitability

MetricHWMWM
Gross margin32.56%32.06%
Operating margin27.75%18.46%
Net margin20.22%10.99%
ROE31.58%27.88%
ROIC18.19%8.88%

Dividends

MetricHWMWM
Dividend yield0.18%1.62%
Payout ratio12.87%56.25%

Growth (annualized)

MetricHWMWM
Revenue CAGR (5Y)12.27%10.25%
EPS CAGR (5Y)50.70%13.68%
FCF CAGR (5Y)103.64%7.28%
Total return CAGR (5Y)52.94%12.21%

Frequently asked

Which is better, HWM or WM?
It depends on your goal. value: WM (lower P/E); growth: HWM (faster 5Y revenue CAGR); income: WM (higher dividend yield); quality: HWM (higher ROIC). Across all compared metrics, HWM leads 9 to 7.
Is HWM or WM cheaper?
On trailing earnings, WM is cheaper: HWM trades at a 63.01 P/E and WM at 33.86.
Which has grown faster, HWM or WM?
Over the past five years, HWM grew revenue faster — HWM at a 12.27% CAGR versus WM at 10.25%.
Does HWM or WM pay a bigger dividend?
HWM yields 0.18% and WM yields 1.62% based on trailing dividends and the latest price.
Is HWM or WM more profitable?
HWM runs the higher net margin — HWM at 20.22% versus WM at 10.99%.
Which has been the better investment, HWM or WM?
Over the past 10-year, HWM delivered the higher annualized total return — HWM at 29.65% versus WM at 15.28%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.