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Howmet Aerospace Inc. (HWM) Operating Margin: 27.53%

Is Howmet Aerospace Inc.’s operating margin high or low?

Howmet Aerospace Inc.'s operating margin of 27.53% is 39% above its 5-year average of 19.81%, near the high end of its 5-year range (16.14%–27.53%).

As of Sunday, June 21, 2026. 13.97% above its 12-month average of 24.16%.

HWM Operating Margin Chart

HWM Operating Margin
25.81%+14.71% 1Y
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HWM Average Operating Margin Chart

HWM Current vs Average Operating Margin Chart

HWM Operating Margin Metrics

OPERATING MARGIN

27.53%

OPERATING MARGIN AVG TTM

24.16%

OPERATING MARGIN AVG 3Y

21.33%

OPERATING MARGIN AVG 5Y

19.81%

OPERATING MARGIN AVG 10Y

15.68%

OPERATING MARGIN AVG 15Y

N/A

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+13.97%

CURRENT VS 3Y AVG

+29.07%

CURRENT VS 5Y AVG

+38.95%

CURRENT VS 10Y AVG

+75.54%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

HWM Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Howmet Aerospace Inc. (HWM)$111.09B27.53%24.16%21.33%19.81%
Quanta Services, Inc. (PWR)vs ›$105.38B5.76%5.71%5.61%5.56%
Lockheed Martin Corporation (LMT)vs ›$117.81B9.88%10.09%11.35%12.04%
Parker-Hannifin Corporation (PH)vs ›$120.19B20.87%20.02%18.67%17.65%
Cummins Inc. (CMI)vs ›$98.92B11.24%11.24%9.52%10.13%
General Dynamics Corporation (GD)vs ›$94.65B10.24%10.12%10.24%10.45%
Bloom Energy Corporation (BE)vs ›$93.56B8.24%2.58%-8.07%-9.18%
United Parcel Service, Inc. (UPS)vs ›$89.25B8.46%9.21%10.43%10.75%
Johnson Controls International plc (JCI)vs ›$88.36B13.57%11.27%10.80%10.46%
Automatic Data Processing, Inc. (ADP)vs ›$87.31B19.20%26.03%25.03%23.97%

Operating Efficiency

Gross Margin

32.6%

Operating Margin

27.5%

Howmet Aerospace Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Howmet Aerospace Inc. Operating Margin FAQ

What is the operating margin for Howmet Aerospace Inc. (HWM)?
The operating margin for HWM stock is 27.53%.
Is Howmet Aerospace Inc.'s operating margin high or low?
Howmet Aerospace Inc.'s operating margin of 27.53% is 39% above its 5-year average of 19.81%, near the high end of its 5-year range (16.14%–27.53%).
What is the TTM average operating margin for Howmet Aerospace Inc. (HWM)?
The TTM average operating margin for HWM stock is 24.16%.
What is the 3Y average operating margin for Howmet Aerospace Inc. (HWM)?
The 3Y average operating margin for HWM stock is 21.33%.
What is the 5Y average operating margin for Howmet Aerospace Inc. (HWM)?
The 5Y average operating margin for HWM stock is 19.81%.
What is the 10Y average operating margin for Howmet Aerospace Inc. (HWM)?
The 10Y average operating margin for HWM stock is 15.68%.

Howmet Aerospace Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3125.81%
2024-12-3122.50%
2023-12-3118.75%
2022-12-3118.26%
2021-12-3117.42%
2020-12-3116.14%
2019-12-3116.72%
2018-12-319.60%
2017-12-3110.55%
2016-12-319.80%
2015-12-316.96%
2014-12-316.89%

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