Forward PE Ratio: 53.68
The forward PE ratio is 53.68 as of Thursday, July 9, 2026.
Forward PE Ratio (53.68) = Close Price ($273.77) / Consensus Forward EPS ($5.06)
HWM Forward PE Ratio Metrics
FORWARD PE RATIO
53.68
HWM Competitors' Forward PE Ratio
Howmet Aerospace Inc.
Market Cap
$109.54B
Forward PE Ratio
53.68
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Howmet Aerospace Inc. (HWM) | $109.54B | 53.68 |
| Trane Technologies plc (TT)vs › | $104.34B | 31.67 |
| General Dynamics Corporation (GD)vs › | $101.30B | 22.41 |
| Quanta Services, Inc. (PWR)vs › | $100.27B | 47.58 |
| Lockheed Martin Corporation (LMT)vs › | $119.49B | 17.63 |
| Parker-Hannifin Corporation (PH)vs › | $119.68B | 30.01 |
| Automatic Data Processing, Inc. (ADP)vs › | $96.45B | 21.80 |
| Vertiv Holdings Co (VRT)vs › | $124.42B | 48.96 |
| Waste Management, Inc. (WM)vs › | $93.03B | 28.59 |
| Cummins Inc. (CMI)vs › | $92.92B | 23.03 |
Trailing vs Forward
Trailing P/E
63.0
reported TTM EPS
Forward P/E
53.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.06 implies +17.4% EPS growth vs the reported trailing $4.31.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $273.77 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $5.06 | $4.63 – $5.23 | 13 | 54.1x |
| 2027-12-31 | $6.04 | $5.86 – $6.27 | 13 | 45.3x |
| 2028-12-31 | $7.13 | $6.35 – $8.60 | 13 | 38.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Howmet Aerospace Inc. (HWM)?
- The forward PE ratio for HWM stock is 53.68.
Related Metrics
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- John C. Plant