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Howmet Aerospace Inc. (HWM) Enterprise Value (EV): $113.40B

The enterprise value (EV) for Howmet Aerospace Inc. (HWM) is $113.40B as of Sunday, June 21, 2026.

HWM Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$113.40B

Enterprise Value Calculation

Market Cap

$111.09B

+

Total Debt

$3.05B

Cash

$742.00M

=

Enterprise Value

$113.40B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Howmet Aerospace Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Howmet Aerospace Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Howmet Aerospace Inc. (HWM)?
The enterprise value (EV) for HWM stock is $113.40B.

About Howmet Aerospace Inc.

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.

Pittsburgh, PA
23,930 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
John C. Plant