HWM Howmet Aerospace Inc. Common Stock
NYSE · Aerospace & Defense · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 6, 2026
$231.27
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$183.8352w low
$310.0052w high
Market Cap (MRQ)
$92.51B
P/E (TTM)
49.8
EPS (TTM)
$4.64
Revenue (TTM)
$9.12B
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52W Range
$184–$310
Analyst Rating
BUY
Price Target
$338
P/E
49.8
ROE
34.7%
Net Profit Margin
20.5%
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HWM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$231.27
Market Cap (MRQ)
$92.51B
P/E (TTM)
49.8
EPS (TTM)
$4.64
Revenue (TTM)
$9.12B
ROE (TTM)
34.7%
Debt/Equity (MRQ)
0.8
52W Range
$184–$310
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About Howmet Aerospace Inc. Common Stock Company overview from Wikipedia
Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
The firm operates 27 facilities in the United States, Canada, Mexico, France, the United Kingdom, China, Brazil, Hungary and Japan.
History
Before Alcoa acquisition
Howmet's roots go back to 1926, when Austenal, a company that manufactured materials for dental appliances, was founded. Its founders, Reiner Erdle and Charles Prange, worked to improve investment chrome base castings using two separate investments: The first coating, named "protective coat", gives a smooth finish. It was smothered with alcohol binder investment to obtain a correct expansion. This technology replaced gold alloy with vitallium and was popular during the Great Depression.
During the 1930s, Austenal expanded into aircraft engine superchargers with superior castings when General Electric asked for help to improve manufacturing practices for wartime production demands.
In 1958, Howe Sound Company, a metals and mining business, acquired Austenal. In 1959, Howe acquired Michigan Steel Casting Co. (MISCO), which provided the monolithic shell process. This process uses a ceramic shell with thin, strong walls to increase control of the solidification process and produce a sounder casting.
Howe became Howmet in 1965, marking a transition from a mining company to a manufacturer of precision metal products. Howmet, in turn, was purchased in 1975 by Pechiney, a multinational aluminum company. In 1989, Pechiney purchased the Cercast group of companies, bringing Howmet into the aluminum casting industry.
In 1995, Pechiney sold Howmet to a joint venture between Thiokol and The Carlyle Group. By late 1997, the ownership structure of Howmet had become Thiokol, with 62% ownership, Carlyle 23%, and the public 15%. In 1998, Thiokol changed its name to Cordant Technologies Inc.; by February 1999, Cordant owned 84.7% of Howmet.
As Alcoa Inc. and Arconic Inc.
In 2000, Cordant sold its stake in Howmet to Alcoa, which placed Howmet into its Alcoa Industrial Components unit. In 2004, Howmet was part of a merger that created Alcoa Investment Casting and Forged Products unit. In 2007, Howmet was renamed Alcoa Howmet as a newly formed Alcoa Power and Propulsion unit division.
On November 1, 2016, Alcoa Inc. spun off its bauxite, alumina, and aluminum operations to a new company called Alcoa Corp. Alcoa Inc. was renamed Arconic Inc., and retained the operations in aluminum rolling (excluding the Warrick operations), aluminum plate, precision castings, and aerospace and industrial fasteners. Its focus became turning aluminum and other lightweight metals into engineered products such as turbine blades for sectors including aerospace and automotive.
On January 31, 2017, the hedge fund Elliott Management Corporation launched a proxy contest against Arconic. Elliott publicly called for firing Arconic's CEO, Klaus Kleinfeld, citing the company's lackluster stock performance, missed profit forecasts, and inefficient spending. On April 17, 2017, Kleinfeld resigned as chairman and CEO by mutual agreement with the board of Arconic, after sending an unauthorized letter to Elliott.
On February 8, 2019, Arconic announced that it would split into two separate businesses. Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out. Arconic Corporation will be focused on rolled aluminum products, and Howmet Aerospace will focus on engineered products. The separation was scheduled to become effective on April 1, 2020.
In 2024, during the Gaza war, Howmet's Pittsburgh headquarters were targeted by pro-Palestinian protestors--Howmet produces titanium components used in Lockheed Martin fighter jets that have been sold to Israel.
In December 2025, it was announced that Howmet Aerospace had agreed to acquire Stanley Black & Decker's aerospace business, Consolidated Aerospace Manufacturing, for US$1.8 billion in cash. The transaction was expected to close in the first half of 2026, subject to customary closing conditions.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorIndustrials
industryAerospace & Defense
employees25,430
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$8.25B2016-12-31 → 2025-12-31
EPS$3.712016-12-31 → 2025-12-31
Free Cash Flow$1.43B2016-12-31 → 2025-12-31
Net margin20.5%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | HWM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 49.85Y avg ≈42.6 | ≈42.6 | 33.4 | Overvalued | |
| P/S (TTM) | 10.15Y avg ≈5.0 | ≈5.0 | 2.1 | Overvalued | |
| P/B (MRQ) | 16.15Y avg ≈7.8 | ≈7.8 | 16.9 | Overvalued | |
| EV / EBITDA | 40.95Y avg ≈22.3 | ≈22.3 | 17.9 | Overvalued | |
| Price / FCF (TTM) | 51.75Y avg ≈43.8 | ≈43.8 | · | · | |
| Price / Cash Flow (TTM) | 41.75Y avg ≈30.9 | ≈30.9 | 18.3 | Overvalued | |
| EV / Revenue | 11.55Y avg ≈5.5 | ≈5.5 | · | · | |
| EV / FCF | 66.55Y avg ≈49.7 | ≈49.7 | · | · | |
| Price / Tangible Book (MRQ) | 19.0 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | HWM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 27.4%5Y avg ≈19.2% | ≈19.2% | 11.1% | Top tier | |
| EBITDA Margin (TTM) | 30.7%5Y avg ≈23.5% | ≈23.5% | 12.9% | Top tier | |
| Pretax Margin (TTM) | 25.0%5Y avg ≈14.6% | ≈14.6% | 11.0% | Top tier | |
| Net Profit Margin (TTM) | 20.5%5Y avg ≈11.8% | ≈11.8% | 9.6% | Top tier | |
| ROA (TTM) | 15.4%5Y avg ≈7.9% | ≈7.9% | 7.2% | Top tier | |
| ROE (TTM) | 34.7%5Y avg ≈19.0% | ≈19.0% | 21.8% | Top tier | |
| ROIC | 20.0%5Y avg ≈13.3% | ≈13.3% | 11.5% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | HWM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.85Y avg ≈0.9 | ≈0.9 | 0.3 | High debt | |
| Current Ratio (MRQ) | 1.85Y avg ≈2.1 | ≈2.1 | 1.2 | Strong liquidity | |
| Quick Ratio | 0.95Y avg ≈0.8 | ≈0.8 | 0.4 | Strong liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.75Y avg ≈0.9 | ≈0.9 | 0.6 | Above avg |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | HWM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 11.1%5Y avg ≈9.7% | ≈9.7% | · | · | |
| Revenue CAGR 3Y | 13.4%5Y avg ≈11.9% | ≈11.9% | · | · | |
| Revenue CAGR 5Y | 9.4% | · | · | · | |
| EPS YoY | 32.0%5Y avg ≈59.6% | ≈59.6% | · | · | |
| Net Income YoY | 30.6%5Y avg ≈45.1% | ≈45.1% | · | · | |
| EPS CAGR 3Y | 49.5% | · | · | · | |
| Net Income CAGR 3Y | 47.6%5Y avg ≈51.8% | ≈51.8% | · | · | |
| Net Income CAGR 5Y | 42.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | HWM | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.85Y avg ≈0.6 | ≈0.6 | 0.5 | Top tier | |
| Receivables Turnover | 11.25Y avg ≈12.1 | ≈12.1 | 17.2 | Weak | |
| Revenue / Employee | ≈$324.5K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Annualized Payout≈$0.56
Growth Streak≈5
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 7, 2026 | $0.14 | USD | ≈0.18% |
| May 8, 2026 | $0.12 | USD | ≈0.18% |
| Feb 6, 2026 | $0.12 | USD | ≈0.21% |
| Nov 7, 2025 | $0.12 | USD | ≈0.21% |
| Aug 8, 2025 | $0.12 | USD | ≈0.22% |
| May 9, 2025 | $0.10 | USD | ≈0.23% |
| Feb 7, 2025 | $0.10 | USD | ≈0.24% |
| Nov 8, 2024 | $0.08 | USD | ≈0.23% |
| Aug 9, 2024 | $0.08 | USD | ≈0.25% |
| May 9, 2024 | $0.05 | USD | ≈0.23% |
| Feb 8, 2024 | $0.05 | USD | ≈0.30% |
| Nov 9, 2023 | $0.05 | USD | ≈0.35% |
| Aug 3, 2023 | $0.04 | USD | ≈0.37% |
| May 4, 2023 | $0.04 | USD | ≈0.37% |
| Feb 9, 2023 | $0.04 | USD | ≈0.30% |
| Nov 3, 2022 | $0.04 | USD | ≈0.28% |
| Aug 4, 2022 | $0.02 | USD | ≈0.22% |
| May 5, 2022 | $0.02 | USD | ≈0.23% |
| Feb 3, 2022 | $0.02 | USD | ≈0.18% |
| Nov 4, 2021 | $0.02 | USD | ≈0.13% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
6.5%
Next Report
Oct 28, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 6, 2026 | $1.33 | $1.26 | 5.7% |
| March 31, 2026 | $1.22 | $1.12 | 9.1% | |
| Dec. 31, 2025 | $1.05 | $0.98 | 7.7% | |
| Sept. 30, 2025 | $0.95 | $0.92 | 3.8% | |
| June 30, 2025 | $0.91 | $0.88 | 3.3% | |
| March 31, 2025 | $0.86 | $0.79 | 9.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.25B | $7.43B | $6.64B | $5.66B | $4.97B | $5.26B | $7.10B | $6.78B | $12.96B | $12.39B | $12.41B | $12.54B | |
| Cost of Revenue | · | · | · | · | · | · | · | · | · | · | · | $19.14B | |
| R&D Expense | $37M | $33M | $36M | $32M | $17M | $17M | $28M | $41M | $109M | $130M | $169M | $123M | |
| SG&A Expense | $370M | $347M | $333M | $288M | $251M | $277M | $400M | $371M | $715M | $924M | $765M | $770M | |
| Operating Expenses | · | · | · | · | · | · | · | · | · | $11.98B | $12.23B | $12.43B | |
| Operating Income | $2.05B | $1.63B | $1.20B | $919M | $748M | $626M | $579M | $775M | $480M | $954M | $628M | · | |
| Interest Expense | · | · | $218M | $229M | $259M | $317M | $338M | $377M | $496M | $499M | $473M | $442M | |
| Interest Income | $20M | $20M | $23M | $6M | · | · | · | · | $19M | $16M | $16M | $19M | |
| Other Non-op | $1M | $0 | $3M | $2M | $7M | $-46M | $1M | $38M | $103M | $85M | $18M | $5M | |
| Pretax Income | $1.84B | $1.38B | $975M | $606M | $324M | $171M | $210M | $428M | $470M | $414M | $183M | $113M | |
| Income Tax | $332M | $228M | $210M | $137M | $66M | $-40M | $84M | $119M | $544M | $1.48B | $339M | $174M | |
| Net Income | $1.51B | $1.16B | $765M | $469M | $258M | $261M | $470M | $642M | $-74M | $-941M | $-322M | $268M | |
| EPS (Basic) | $3.73 | $2.83 | $1.85 | $1.12 | $0.60 | · | $1.05 | $1.33 | $-0.28 | $-2.31 | $-0.93 | $0.64 | |
| EPS (Diluted) | $3.71 | $2.81 | $1.83 | $1.11 | $0.59 | · | $1.03 | $1.30 | $-0.28 | $-2.31 | $-0.93 | $0.63 | |
| Shares (Basic) | 404,000,000 | 408,000,000 | 412,000,000 | 416,000,000 | 430,000,000 | 435,000,000 | 446,000,000 | 483,000,000 | 451,000,000 | 438,000,000 | 420,000,000 | 387,000,000 | |
| Shares (Diluted) | 406,000,000 | 410,000,000 | 416,000,000 | 421,000,000 | 435,000,000 | 439,000,000 | 463,000,000 | 503,000,000 | 451,000,000 | 438,000,000 | 420,000,000 | 393,000,000 | |
| EBITDA | $2.33B | $1.91B | $1.48B | $1.18B | $1.02B | $964M | $1.57B | $1.90B | $877M | $1.13B | $1.28B | $1.37B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $742M | $564M | $610M | $791M | $720M | $1.61B | $1.58B | $2.28B | $2.15B | $1.86B | $1.92B | $1.88B | |
| Receivables | $779M | $689M | $675M | $506M | $367M | $328M | $583M | $1.05B | $1.03B | $974M | $960M | $1.40B | |
| Inventory | $1.85B | $1.84B | $1.76B | $1.61B | $1.40B | $1.49B | $1.61B | $2.49B | $2.48B | $2.25B | $2.28B | $3.08B | |
| Prepaid Expense | $409M | $249M | $249M | $206M | $195M | $217M | $285M | $314M | $374M | $325M | $397M | $761M | |
| Current Assets | $3.78B | $3.36B | $3.32B | $3.14B | $2.74B | $3.67B | $5.84B | $6.58B | $6.38B | $5.89B | $7.95B | $7.85B | |
| PP&E (Net) | $2.59B | $2.39B | $2.33B | $2.33B | $2.47B | $2.59B | $2.63B | $5.70B | $5.59B | $5.50B | $5.42B | $16.43B | |
| PP&E (Gross) | · | · | $5.18B | $5.01B | $5.06B | $5.01B | $4.66B | $11.73B | $11.37B | $10.79B | $10.75B | $34.05B | |
| Accum. Depreciation | · | · | $3.08B | $2.86B | $2.77B | $2.63B | $2.45B | $6.77B | $6.39B | $6.07B | $6.14B | $19.09B | |
| Goodwill | $4.02B | $4.01B | $4.04B | $4.01B | $4.07B | $4.10B | $4.07B | $4.19B | $4.54B | $5.15B | $5.25B | $5.09B | |
| Intangibles | $457M | $475M | $505M | $521M | $549M | $571M | $599M | $919M | $987M | $988M | $1.91B | $1.65B | |
| Other Non-current Assets | $288M | $251M | $198M | $192M | $215M | $234M | $316M | $416M | $481M | $257M | $1.94B | $2.76B | |
| Total Assets | $11.18B | $10.52B | $10.43B | $10.26B | $10.22B | $11.44B | $17.56B | $18.69B | $18.72B | $20.04B | $36.48B | $37.36B | |
| Accounts Payable | $845M | $948M | $982M | $962M | $732M | $599M | $976M | $2.13B | $1.84B | $1.74B | $1.51B | $3.15B | |
| Short-term Debt | $0 | $0 | · | $0 | $5M | $376M | $1.03B | $434M | $38M | $40M | $38M | $54M | |
| Current Liabilities | $1.77B | $1.55B | $1.78B | $1.48B | $1.25B | $1.66B | $4.12B | $3.52B | $2.82B | $2.75B | $5.21B | $5.46B | |
| Capital Leases | $121M | $119M | $97M | $83M | $81M | $100M | $98M | · | · | · | · | · | |
| Total Liabilities | $5.83B | $5.96B | $6.39B | $6.65B | $6.71B | $7.87B | $12.96B | $13.11B | $13.79B | $14.90B | $22.35B | $22.57B | |
| Long-term Debt | $3.05B | $3.31B | $3.71B | $4.16B | $4.23B | $5.08B | $5.94B | $6.30B | $6.81B | $8.05B | $8.79B | $8.80B | |
| Total Debt | $3.05B | $3.31B | $3.71B | $4.16B | $4.24B | $5.45B | $6.94B | $6.74B | $6.84B | $8.08B | $9.10B | $8.85B | |
| Common Stock | $402M | $405M | $410M | $412M | $422M | $433M | $433M | $483M | $481M | $438M | $1.39B | $1.30B | |
| Paid-in Capital | $2.53B | $3.21B | $3.68B | $3.95B | $4.29B | $4.67B | $7.32B | $8.32B | $8.27B | $8.21B | $10.02B | $9.28B | |
| Retained Earnings | $4.09B | $2.77B | $1.72B | $1.03B | $603M | $364M | $113M | $-358M | $-1.25B | $-1.03B | $8.83B | $9.38B | |
| Treasury Stock | · | · | · | · | · | · | · | $0 | $0 | $0 | $2.83B | $3.04B | |
| AOCI | $-1.67B | $-1.88B | $-1.83B | $-1.84B | $-1.86B | $-1.94B | $-3.33B | $-2.93B | $-2.64B | $-2.57B | $-5.43B | $-4.68B | |
| Stockholders' Equity | $5.35B | $4.55B | $4.04B | $3.60B | $3.51B | $3.58B | $4.59B | $5.57B | $4.91B | $5.12B | $12.05B | $12.31B | |
| Liabilities + Equity | $11.18B | $10.52B | $10.43B | $10.26B | $10.22B | $11.44B | $17.56B | $18.69B | $18.72B | $20.04B | $36.48B | $37.36B | |
| Shares Outstanding | 401,620,565 | 405,000,000 | 410,000,000 | 412,155,057 | 421,691,912 | 432,906,377 | 432,855,183 | 483,270,717 | 481,416,537 | 438,519,780 | 1,310,160,141 | 1,216,663,661 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $283M | $277M | $272M | $265M | $270M | $338M | $536M | $576M | $551M | $1.13B | $1.28B | $1.37B | |
| Stock-based Comp | $73M | $63M | $50M | $54M | $40M | $46M | $69M | $40M | $54M | $76M | $77M | $87M | |
| Deferred Tax | $17M | $56M | $109M | $81M | $38M | $-38M | $-2M | $51M | $448M | $1.34B | $225M | $-35M | |
| Amort. of Intangibles | $32M | $33M | $35M | $36M | $36M | $40M | $58M | $58M | $71M | $65M | $67M | $55M | |
| Restructuring | · | · | · | $56M | $90M | $182M | $582M | $163M | $165M | $155M | $214M | $314M | |
| Other Non-cash | $3M | $-253M | $-295M | $-136M | $-157M | $-598M | $-666M | $-1.09B | $-278M | $-532M | $498M | $-18M | |
| Operating Cash Flow | $1.88B | $1.30B | $901M | $733M | $449M | $9M | $461M | $217M | $-39M | $95M | $1.58B | $1.67B | |
| CapEx | $453M | $321M | $219M | $193M | $199M | $267M | $641M | $768M | $596M | $1.12B | $1.18B | $1.22B | |
| Investing Cash Flow | $-438M | $-316M | $-215M | $-135M | $107M | $271M | $528M | $565M | $1.32B | $591M | · | · | |
| Debt Issued | $500M | $500M | $400M | $0 | $700M | $2.40B | $400M | $600M | $816M | $1.96B | $1.90B | $2.88B | |
| Net Debt Issued | $-265M | $-365M | $-476M | $-69M | $-838M | $357M | $-406M | $-503M | $-818M | $-772M | $-129M | $1.16B | |
| Stock Repurchased | $700M | $500M | $250M | $400M | $430M | $73M | $1.15B | $0 | $0 | · | · | · | |
| Net Stock Activity | $-700M | $-500M | $-250M | $-400M | $-430M | $-73M | $-1.15B | · | · | · | · | · | |
| Dividends Paid | · | · | · | · | · | · | · | · | · | · | $223M | $161M | |
| Financing Cash Flow | $-1.27B | $-1.03B | $-868M | $-526M | $-1.44B | $-369M | $-1.57B | $-649M | $-1.01B | $-757M | · | · | |
| Net Change in Cash | $178M | $-45M | $-182M | $70M | $-889M | $-92M | $-579M | $129M | $275M | $-56M | $42M | $440M | |
| Taxes Paid | $312M | $177M | $104M | $50M | $53M | $-33M | $122M | $74M | $118M | $324M | $345M | $301M | |
| Free Cash Flow | $1.43B | $977M | $682M | $540M | $250M | $-258M | $-180M | $-551M | $105M | $-255M | $402M | $455M | |
| Levered FCF | · | · | $511M | $363M | $44M | $-728M | $-456M | $-831M | $183M | $1.03B | $798M | $287M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 24.8% | 22.0% | 18.1% | 16.2% | 15.0% | 11.9% | 7.3% | 9.4% | 2.5% | · | · | · | |
| Net Margin | 18.3% | 15.6% | 11.5% | 8.3% | 5.2% | 5.0% | 3.3% | 4.6% | -0.57% | -7.6% | -1.4% | 1.1% | |
| Pretax Margin | 22.3% | 18.6% | 14.7% | 10.7% | 6.5% | 3.2% | 4.0% | 6.2% | 3.6% | 3.3% | 1.1% | 2.1% | |
| EBITDA Margin | 28.2% | 25.7% | 22.2% | 20.9% | 20.5% | 18.3% | 11.1% | 13.6% | 6.8% | 9.1% | 5.7% | 5.7% | |
| ROA | 13.9% | 11.0% | 7.4% | 4.6% | 2.4% | 1.8% | 2.6% | 3.4% | -0.38% | -3.3% | -0.87% | 0.73% | |
| ROE | 29.0% | 25.5% | 19.4% | 13.7% | 7.3% | 6.4% | 9.2% | 12.2% | -1.5% | -11.0% | -2.6% | 2.3% | |
| ROIC | 20.0% | 17.3% | 12.2% | 9.2% | 7.7% | 8.6% | 7.3% | 8.0% | -0.44% | · | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.1 | 2.2 | 1.9 | 2.1 | 2.2 | 2.2 | 1.4 | 1.9 | 2.3 | 2.1 | 1.5 | 1.5 | |
| Quick Ratio | 0.9 | 0.8 | 0.7 | 0.9 | 0.9 | 1.2 | 0.6 | 0.9 | 1.1 | 1.0 | 0.6 | 0.6 | |
| Debt / Equity | 0.6 | 0.7 | 0.9 | 1.2 | 1.2 | 1.5 | 1.5 | 1.2 | 1.4 | 1.6 | 0.8 | 0.7 | |
| LT Debt / Equity | 0.5 | 0.7 | 0.9 | 1.2 | 1.2 | 1.3 | 1.1 | 1.1 | 1.4 | 1.6 | 0.8 | 0.7 | |
| Interest Coverage | · | · | 5.5 | 4.0 | 2.9 | 1.6 | 3.1 | 3.5 | 0.7 | · | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 | 0.4 | 0.8 | 0.7 | 0.7 | 0.4 | 0.6 | 0.7 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | · | · | · | 6.6 | |
| Receivables Turnover | 11.2 | 10.9 | 11.2 | 13.0 | 14.3 | 11.5 | 14.1 | 13.5 | 12.9 | 12.8 | 16.5 | 18.3 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $13.33 | $11.23 | $9.85 | $8.74 | $8.32 | $8.26 | $10.64 | $11.53 | $10.20 | $11.66 | $9.19 | $10.11 | |
| Revenue / Share | $20.33 | $18.12 | $15.96 | $13.45 | $11.43 | $11.98 | $30.65 | $27.86 | $28.74 | $28.30 | $17.90 | $20.26 | |
| Cash Flow / Share | $4.64 | $3.17 | $2.17 | $1.74 | $1.03 | $0.02 | $0.88 | $0.43 | $1.55 | $1.99 | $1.26 | $1.42 | |
| Cash / Share | $1.85 | $1.39 | $1.49 | $1.92 | $1.71 | $3.72 | $3.81 | $4.71 | $4.47 | $4.25 | $1.46 | $1.54 | |
| Dividend / Share | $0.44 | $0.26 | $0.17 | $0.10 | $0.04 | $0.02 | $0.12 | $0.24 | $0.24 | $0.36 | $0.12 | $0.12 | |
| Dividend Paid / Share | $0.44 | $0.26 | $0.17 | · | · | · | $0.02 | $0.24 | $0.24 | $0.09 | $0.36 | $0.36 | |
| EPS (TTM) | $3.71 | $2.81 | $1.83 | $1.11 | $0.59 | $1.13 | $1.03 | $1.30 | $-0.28 | $-2.31 | $-0.93 | $0.63 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 11.1% | 11.9% | 17.2% | 13.9% | -5.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 13.4% | 14.3% | 8.1% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.4% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 32.0% | 53.5% | 64.9% | 88.1% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 49.5% | 68.2% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 30.6% | 51.0% | 63.1% | 81.8% | -1.1% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 47.6% | 64.8% | 43.1% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 42.0% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $8.25B | $7.43B | $6.64B | $5.66B | $4.97B | $5.26B | $7.10B | $6.78B | $12.96B | $12.39B | $12.41B | $12.54B | |
| Net Income TTM | $1.51B | $1.16B | $765M | $469M | $258M | $261M | $470M | $642M | $-74M | $-941M | $-322M | $268M | |
| Market Cap | $82.34B | $44.34B | $22.18B | $16.24B | $13.42B | $12.36B | $10.21B | $6.25B | $10.06B | $6.23B | · | · | |
| Enterprise Value | $84.65B | $47.09B | $25.28B | $19.61B | $16.94B | $16.20B | $15.51B | $10.71B | $14.76B | $12.46B | · | · | |
| P/E | 55.3 | 38.9 | 29.6 | 35.5 | 53.9 | 25.3 | 22.9 | 9.9 | -74.6 | -6.2 | · | · | |
| P/S | 10.0 | 6.0 | 3.3 | 2.9 | 2.7 | 2.3 | 1.4 | 0.9 | 0.8 | 0.5 | · | · | |
| P/B | 15.4 | 9.7 | 5.5 | 4.5 | 3.8 | 3.5 | 2.2 | 1.1 | 2.0 | 1.2 | · | · | |
| P / Tangible Book | 94.2 | 642.6 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 43.7 | 34.2 | 24.6 | 22.2 | 29.9 | 1372.8 | 25.2 | 28.8 | 14.4 | 7.2 | · | · | |
| P / FCF | 57.5 | 45.4 | 32.5 | 30.1 | 53.7 | -47.9 | -56.7 | -11.3 | 95.8 | -24.5 | · | · | |
| EV / EBITDA | 36.3 | 24.7 | 17.1 | 16.6 | 16.6 | 16.8 | 9.9 | 5.6 | 16.8 | 11.0 | · | · | |
| EV / FCF | 59.2 | 48.2 | 37.1 | 36.3 | 67.8 | -62.8 | -86.2 | -19.4 | 140.5 | -48.8 | · | · | |
| EV / Revenue | 10.3 | 6.3 | 3.8 | 3.5 | 3.4 | 3.1 | 2.2 | 1.6 | 1.1 | 1.0 | · | · | |
| Earnings Yield | 1.8% | 2.6% | 3.4% | 2.8% | 1.8% | 4.0% | 4.4% | 10.1% | -1.3% | -16.2% | · | · | |
| Payout Ratio | · | · | · | · | · | · | · | · | · | · | -69.2% | 60.1% | |
| Annual Payout | · | · | · | · | · | · | · | · | · | · | $223M | $161M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.55B | $2.31B | $2.17B | $2.09B | $2.05B | $1.94B | $1.89B | $1.83B | $1.88B | $1.82B | $1.73B | $1.66B | $1.65B | $1.60B | $1.51B | $1.43B | |
| R&D Expense | $8M | $9M | $10M | $10M | $9M | $8M | $7M | $9M | $7M | $10M | $9M | $9M | $9M | $9M | $9M | $7M | |
| SG&A Expense | $148M | $111M | $96M | $100M | $89M | $85M | $77M | $85M | $97M | $88M | $83M | $87M | $88M | $75M | $63M | $73M | |
| Operating Income | $711M | $753M | $489M | $542M | $521M | $494M | $445M | $421M | $398M | $369M | $326M | $307M | $285M | $285M | $220M | $228M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $49M | · | $54M | $55M | $57M | · | $57M | |
| Other Non-op | $1M | $-2M | $10M | $0 | $0 | $-9M | $16M | $0 | $1M | $-17M | $-17M | $1M | $26M | $-7M | $68M | $-65M | |
| Pretax Income | $649M | $708M | $430M | $495M | $469M | $446M | $392M | $354M | $334M | $303M | $270M | $242M | $243M | $220M | $148M | $104M | |
| Income Tax | $115M | $128M | $58M | $110M | $62M | $102M | $78M | $22M | $68M | $60M | $34M | $54M | $50M | $72M | $37M | $24M | |
| Net Income | $534M | $580M | $372M | $385M | $407M | $344M | $314M | $332M | $266M | $243M | $236M | $188M | $193M | $148M | $111M | $80M | |
| EPS (Basic) | $1.33 | $1.45 | $0.91 | $0.96 | $1.01 | $0.85 | $0.78 | $0.81 | $0.65 | $0.59 | $0.57 | $0.45 | $0.47 | $0.36 | $0.27 | $0.19 | |
| EPS (Diluted) | $1.33 | $1.44 | $0.92 | $0.95 | $1.00 | $0.84 | $0.76 | $0.81 | $0.65 | $0.59 | $0.57 | $0.45 | $0.46 | $0.35 | $0.26 | $0.19 | |
| Shares (Basic) | 400,000,000 | 401,000,000 | · | 403,000,000 | 404,000,000 | 405,000,000 | · | 408,000,000 | 408,000,000 | 410,000,000 | · | 412,000,000 | 413,000,000 | 412,000,000 | · | 415,000,000 | |
| Shares (Diluted) | 402,000,000 | 403,000,000 | · | 405,000,000 | 406,000,000 | 407,000,000 | · | 410,000,000 | 411,000,000 | 412,000,000 | · | 415,000,000 | 417,000,000 | 418,000,000 | · | 420,000,000 | |
| EBITDA | · | $827M | · | $542M | $521M | $563M | · | $421M | $398M | $436M | · | $307M | $285M | $354M | · | $228M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $563M | $2.44B | $742M | $659M | $545M | $536M | $564M | $475M | $752M | $533M | · | $424M | $535M | $537M | · | $453M | |
| Receivables | $1.04B | $940M | $779M | $884M | $888M | $888M | $689M | $757M | $749M | $785M | · | $714M | $657M | $655M | · | $550M | |
| Inventory | $2.18B | $1.98B | $1.85B | $1.98B | $1.96B | $1.90B | $1.84B | $1.90B | $1.85B | $1.78B | · | $1.75B | $1.72B | $1.66B | · | $1.61B | |
| Prepaid Expense | $407M | $307M | $392M | $289M | $283M | $215M | $249M | $239M | $235M | $221M | · | $212M | $207M | $187M | · | $181M | |
| Current Assets | $4.19B | $5.66B | $3.78B | $3.82B | $3.69B | $3.55B | $3.36B | $3.39B | $3.60B | $3.34B | · | $3.11B | $3.13B | $3.06B | · | $2.85B | |
| PP&E (Net) | $2.82B | $2.61B | $2.59B | $2.55B | $2.53B | $2.44B | $2.39B | $2.36B | $2.31B | $2.29B | · | $2.30B | $2.32B | $2.32B | · | $2.29B | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | $5.21B | $5.18B | · | $5.09B | $5.09B | $5.07B | · | $4.89B | |
| Accum. Depreciation | · | · | · | · | · | · | · | · | $3.14B | $3.10B | · | $2.99B | $2.96B | $2.92B | · | $2.77B | |
| Goodwill | $5.08B | $4.08B | $4.02B | $4.06B | $4.07B | $4.03B | $4.01B | $4.05B | $4.02B | $4.02B | $4.04B | $4.01B | $4.03B | $4.02B | $4.01B | $3.96B | |
| Intangibles | $869M | $451M | $457M | $462M | $467M | $470M | $475M | $484M | $489M | $498M | · | $507M | $513M | $518M | · | $523M | |
| Other Non-current Assets | $240M | $232M | $288M | $251M | $263M | $248M | $251M | $239M | $232M | $220M | · | $200M | $195M | $195M | · | $201M | |
| Total Assets | $13.25B | $13.07B | $11.18B | $11.18B | $11.05B | $10.77B | $10.52B | $10.56B | $10.68B | $10.41B | · | $10.17B | $10.23B | $10.17B | · | $9.93B | |
| Accounts Payable | $1.15B | $1.06B | $845M | $957M | $1.03B | $991M | $948M | $917M | $971M | $964M | · | $894M | $881M | $877M | · | $812M | |
| Short-term Debt | $450M | $450M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | · | · | · | · | · | · | $1M | |
| Current Liabilities | $2.31B | $2.31B | $1.77B | $1.62B | $1.60B | $1.55B | $1.55B | $1.52B | $2.36B | $1.70B | · | $1.45B | $1.41B | $1.40B | · | $1.38B | |
| Capital Leases | $117M | $118M | $121M | $122M | $129M | $120M | $119M | $122M | $121M | $112M | · | $83M | $77M | $79M | · | $80M | |
| Total Liabilities | $7.52B | $7.54B | $5.83B | $6.03B | $6.00B | $5.98B | $5.96B | $6.05B | $6.40B | $6.32B | · | $6.29B | $6.46B | $6.41B | · | $6.66B | |
| Long-term Debt | $4.05B | $4.24B | $3.05B | $3.19B | $3.26B | $3.32B | $3.31B | $3.39B | $3.66B | $3.69B | · | $3.79B | $3.99B | · | · | $4.17B | |
| Total Debt | · | $4.69B | · | $3.19B | $3.26B | $3.32B | · | $3.39B | $3.66B | $3.69B | · | · | · | $3.99B | · | $4.17B | |
| Common Stock | $400M | $401M | $402M | $403M | $404M | $404M | $405M | $407M | $408M | $408M | · | $412M | $412M | $412M | · | $414M | |
| Paid-in Capital | $1.92B | $2.19B | $2.53B | $2.72B | $2.90B | $3.10B | $3.21B | $3.39B | $3.49B | $3.54B | · | $3.77B | $3.78B | $3.94B | · | $4.00B | |
| Retained Earnings | $5.11B | $4.62B | $4.09B | $3.72B | $3.43B | $3.07B | $2.77B | $2.45B | $2.19B | $1.94B | · | $1.49B | $1.33B | $1.16B | · | $917M | |
| AOCI | $-1.70B | $-1.69B | $-1.67B | $-1.75B | $-1.75B | $-1.83B | $-1.88B | $-1.80B | $-1.86B | $-1.86B | · | $-1.85B | $-1.81B | $-1.81B | · | $-2.11B | |
| Stockholders' Equity | $5.73B | $5.52B | $5.35B | $5.14B | $5.04B | $4.79B | $4.55B | $4.50B | $4.28B | $4.09B | $4.04B | $3.87B | $3.77B | $3.76B | $3.60B | $3.27B | |
| Liabilities + Equity | $13.25B | $13.07B | $11.18B | $11.18B | $11.05B | $10.77B | $10.52B | $10.56B | $10.68B | $10.41B | · | $10.17B | $10.23B | $10.17B | · | $9.93B | |
| Shares Outstanding | 400,000,000 | 401,000,000 | 401,620,565 | 403,000,000 | 404,000,000 | 404,000,000 | 405,000,000 | 407,129,690 | 407,883,027 | 408,169,673 | 410,000,000 | 412,000,000 | 412,000,000 | 412,000,000 | 412,000,000 | 414,000,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $84M | $74M | $73M | $72M | $69M | $69M | $73M | $68M | $69M | $67M | $68M | $68M | $67M | $69M | $67M | $65M | |
| Stock-based Comp | · | · | · | · | · | · | · | · | · | · | $11M | $13M | · | · | $11M | $14M | |
| Restructuring | · | · | · | $0 | $0 | $-4M | · | $-1M | $22M | $0 | · | $4M | $3M | $1M | · | $4M | |
| Other Non-cash | · | $-201M | · | · | · | $-160M | · | · | · | $-133M | · | · | · | $-194M | · | · | |
| Operating Cash Flow | $583M | $453M | $654M | $531M | $446M | $253M | $480M | $244M | $397M | $177M | $458M | $191M | $229M | $23M | $455M | $65M | |
| CapEx | $104M | $94M | $124M | $108M | $102M | $119M | $102M | $82M | $55M | $82M | $55M | $59M | $41M | $64M | $45M | $42M | |
| Investing Cash Flow | $-1.91B | $14M | $-122M | $-104M | $-97M | $-115M | $-107M | $-80M | $-54M | $-75M | $-52M | $-58M | $-41M | $-64M | $-29M | $-41M | |
| Debt Issued | $0 | $1.20B | $500M | $0 | $0 | $0 | $0 | · | · | · | $400M | · | · | · | $0 | · | |
| Net Debt Issued | · | $1.20B | · | · | · | $-1M | · | · | · | $0 | · | · | · | $-176M | · | · | |
| Stock Repurchased | $300M | $300M | $200M | $200M | $175M | $125M | $190M | $100M | $60M | $150M | $100M | $25M | $100M | $25M | $65M | $100M | |
| Net Stock Activity | · | $-300M | · | · | · | $-125M | · | · | · | $-150M | · | · | · | $-25M | · | $-100M | |
| Financing Cash Flow | $-541M | $1.23B | $-449M | $-314M | $-339M | $-167M | $-284M | $-441M | $-123M | $-178M | $-222M | $-243M | $-189M | $-214M | $-89M | $-106M | |
| Net Change in Cash | $-1.87B | $1.69B | $83M | $114M | $9M | $-28M | $90M | $-277M | $218M | $-76M | $185M | $-111M | $-2M | $-254M | $338M | $-84M | |
| Free Cash Flow | · | $359M | · | · | · | $134M | · | · | · | $95M | · | · | · | $-41M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $56M | · | · | · | $-79M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | · | 32.6% | · | 25.9% | 25.4% | 25.4% | · | 22.9% | 21.2% | 20.2% | · | 18.5% | 17.3% | 17.8% | · | 15.9% | |
| Net Margin | · | 25.1% | · | 18.4% | 19.8% | 17.7% | · | 18.1% | 14.1% | 13.3% | · | 11.3% | 11.7% | 9.2% | · | 5.6% | |
| Pretax Margin | · | 30.6% | · | 23.7% | 22.8% | 23.0% | · | 19.3% | 17.8% | 16.6% | · | 14.6% | 14.8% | 13.7% | · | 7.3% | |
| EBITDA Margin | · | 35.8% | · | 25.9% | 25.4% | 29.0% | · | 22.9% | 21.2% | 23.9% | · | 18.5% | 17.3% | 22.1% | · | 15.9% | |
| ROA | · | 4.9% | · | 3.5% | 3.8% | 3.2% | · | 3.2% | 2.5% | 2.4% | · | 1.9% | 1.9% | 1.5% | · | 0.79% | |
| ROE | · | 11.2% | · | 8.0% | 8.7% | 7.8% | · | 7.9% | 6.6% | 6.2% | · | 5.3% | 5.4% | 4.1% | · | 2.3% | |
| ROIC | · | 6.0% | · | 5.1% | 5.5% | 4.7% | · | 5.0% | 4.0% | 3.8% | · | 6.2% | 6.0% | 2.5% | · | 2.4% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 2.4 | · | 2.4 | 2.3 | 2.3 | · | 2.2 | 1.5 | 2.0 | · | 2.1 | 2.2 | 2.2 | · | 2.1 | |
| Quick Ratio | · | 1.5 | · | 0.9 | 0.9 | 0.9 | · | 0.8 | 0.6 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 0.7 | |
| Debt / Equity | · | 0.8 | · | 0.6 | 0.6 | 0.7 | · | 0.8 | 0.9 | 0.9 | · | · | · | 1.1 | · | 1.3 | |
| LT Debt / Equity | · | 0.7 | · | 0.6 | 0.6 | 0.7 | · | 0.8 | 0.7 | 0.9 | · | · | · | 1.1 | · | 1.3 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 7.5 | · | 5.7 | 5.2 | 5.0 | · | 4.0 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.1 | |
| Receivables Turnover | · | 2.5 | · | 2.5 | 2.5 | 2.3 | · | 2.5 | 2.7 | 2.5 | · | 2.6 | 2.8 | 2.8 | · | 3.0 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | $13.77 | · | $12.76 | $12.48 | $11.86 | · | $11.06 | $10.49 | $10.01 | · | $9.40 | $9.16 | $9.13 | · | $7.91 | |
| Revenue / Share | · | $5.74 | · | $5.16 | $5.06 | $4.77 | · | $4.48 | $4.57 | $4.43 | · | $4.00 | $3.95 | $3.83 | · | $3.41 | |
| Cash Flow / Share | · | $1.12 | · | · | · | $0.62 | · | · | · | $0.43 | · | · | · | $0.06 | · | · | |
| Cash / Share | · | $6.07 | · | $1.64 | $1.35 | $1.33 | · | $1.17 | $1.84 | $1.31 | · | $1.03 | $1.30 | $1.30 | · | $1.09 | |
| Dividend / Share | $0.12 | $0.12 | $0.00 | $0.24 | $0.10 | $0.10 | $0.00 | $0.16 | $0.05 | $0.05 | $0.00 | $0.09 | $0.04 | $0.04 | $0.00 | $0.06 | |
| Dividend Paid / Share | · | · | $0.12 | $0.12 | $0.10 | $0.10 | $0.08 | $0.08 | $0.05 | $0.05 | $50000.00 | $0.04 | $0.04 | $0.04 | $40000.00 | $0.02 | |
| EPS (TTM) | $4.64 | $4.31 | · | $3.55 | $3.41 | $3.06 | · | $2.62 | $2.26 | $2.07 | · | $1.52 | $1.26 | $1.15 | · | $1.03 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $9.12B | $8.62B | · | $7.97B | $7.72B | $7.55B | · | $7.27B | $7.09B | $6.86B | · | $6.42B | $6.20B | $5.94B | · | $5.43B | |
| Net Income TTM | $1.87B | $1.74B | · | $1.45B | $1.40B | $1.26B | · | $1.08B | $933M | $860M | · | $640M | $532M | $486M | · | $435M | |
| Market Cap | · | $92.41B | · | $79.08B | $75.20B | $52.41B | · | $40.81B | $31.66B | $27.93B | · | $19.05B | $20.42B | $17.46B | · | $12.81B | |
| Enterprise Value | · | $94.67B | · | $81.61B | $77.91B | $55.20B | · | $43.73B | $34.57B | $31.09B | · | · | · | $20.91B | · | $16.52B | |
| P/E | 57.9 | 53.5 | · | 55.3 | 54.6 | 42.4 | · | 38.3 | 34.3 | 33.1 | · | 30.4 | 39.3 | 36.8 | · | 30.0 | |
| P/S | · | 10.7 | · | 9.9 | 9.7 | 6.9 | · | 5.6 | 4.5 | 4.1 | · | 3.0 | 3.3 | 2.9 | · | 2.4 | |
| P/B | · | 16.7 | · | 15.4 | 14.9 | 10.9 | · | 9.1 | 7.4 | 6.8 | · | 4.9 | 5.4 | 4.6 | · | 3.9 | |
| P / Tangible Book | · | 93.1 | · | 126.9 | 147.4 | 178.3 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | · | 204.0 | · | · | · | 207.2 | · | · | · | 157.8 | · | · | · | 759.0 | · | · | |
| EV / Revenue | · | 11.0 | · | 10.2 | 10.1 | 7.3 | · | 6.0 | 4.9 | 4.5 | · | · | · | 3.5 | · | 3.0 | |
| Earnings Yield | 1.7% | 1.9% | · | 1.8% | 1.8% | 2.4% | · | 2.6% | 2.9% | 3.0% | · | 3.3% | 2.5% | 2.7% | · | 3.3% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $8.25B | $7.43B | $6.64B | $5.66B | $4.97B |
| Operating Margin % | 24.8% | 22.0% | 18.1% | 16.2% | 15.0% |
| Net Income | $1.51B | $1.16B | $765M | $469M | $258M |
| Diluted EPS | $3.71 | $2.81 | $1.83 | $1.11 | $0.59 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.6 | 0.7 | 0.9 | 1.2 | 1.2 |
| Current Ratio | 2.1 | 2.2 | 1.9 | 2.1 | 2.2 |
| Quick Ratio | 0.9 | 0.8 | 0.7 | 0.9 | 0.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.43B | $977M | $682M | $540M | $250M |
Institutional owners (13F) 1,722 filers · $103.5B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
1,722
Value held
$103.5B
New positions
224
Exited positions
77
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 224 (-19 vs prior Q) | 77 (-8 vs prior Q) | 686 (+75 vs prior Q) | 501 (+45 vs prior Q) | +1.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $12,318,938,753 | 45,819,158 | 11.90% | Shares |
| VANGUARD GROUP INC | $10,033,228,166 | 48,937,802 | 9.69% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $7,027,041,646 | 26,136,434 | 6.79% | Shares |
| STATE STREET CORP | $5,090,575,882 | 18,933,928 | 4.92% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,986,888,678 | 18,548,273 | 4.82% | Shares |
| JPMORGAN CHASE & CO | $4,985,067,645 | 18,561,518 | 4.81% | Shares |
| FMR LLC | $4,143,749,364 | 15,412,294 | 4.00% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,766,806,323 | 10,290,881 | 2.67% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $2,556,742,072 | 9,509,195 | 2.47% | Shares |
| NORGES BANK | $2,122,733,853 | 7,895,313 | 2.05% | Shares |
| Invesco Ltd. | $1,842,173,192 | 6,851,793 | 1.78% | Shares |
| JANUS HENDERSON GROUP PLC | $1,769,707,478 | 7,755,645 | 1.71% | Shares |
| MORGAN STANLEY | $1,640,258,520 | 6,100,788 | 1.58% | Shares |
| KENSICO CAPITAL MANAGEMENT CORP | $1,366,776,696 | 5,083,600 | 1.32% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $1,356,509,388 | 4,971,798 | 1.31% | Shares |
| Nuveen, LLC | $1,355,067,452 | 5,040,049 | 1.31% | Shares |
| Bank of New York Mellon Corp | $1,099,765,284 | 4,090,475 | 1.06% | Shares |
| NORTHERN TRUST CORP | $1,006,009,594 | 3,741,760 | 0.97% | Shares |
| GOLDMAN SACHS GROUP INC | $951,505,017 | 3,539,035 | 0.92% | Shares |
| AMERICAN CENTURY COMPANIES INC | $883,243,314 | 3,285,142 | 0.85% | Shares |
| CITADEL ADVISORS LLC | $758,174,177 | 2,819,959 | 0.73% | Shares |
| JANE STREET GROUP, LLC | $727,742,452 | 2,706,771 | 0.70% | Shares |
| AMERIPRISE FINANCIAL INC | $721,289,490 | 2,682,736 | 0.70% | Shares |
| Capital Research Global Investors | $656,188,005 | 2,440,644 | 0.63% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $654,983,222 | 2,842,069 | 0.63% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $646,040,737 | 2,402,889 | 0.62% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $618,047,302 | 2,298,770 | 0.60% | Shares |
| Legal & General Group Plc | $580,990,593 | 2,160,941 | 0.56% | Shares |
| DEUTSCHE BANK AG\ | $541,793,767 | 2,015,152 | 0.52% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $533,404,000 | 1,983,947 | 0.52% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $525,801,979 | 1,955,671 | 0.51% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $516,608,027 | 1,921,476 | 0.50% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $511,853,285 | 1,903,794 | 0.49% | Shares |
| TD Asset Management Inc | $492,394,775 | 1,831,417 | 0.48% | Shares |
| CIBC Private Wealth Group LLC | $454,705,595 | 2,317,207 | 0.44% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $454,285,619 | 1,691,498 | 0.44% | Shares |
| CIBC Bancorp USA Inc. | $410,835,251 | 1,441,922 | 0.40% | Shares |
| UBS Group AG | $390,954,972 | 1,454,121 | 0.38% | Shares |
| Winslow Capital Management, LLC | $379,822,286 | 1,412,714 | 0.37% | Shares |
| Amundi | $355,891,595 | 1,323,706 | 0.34% | Shares |
| Boston Partners | $346,245,076 | 1,287,723 | 0.33% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $344,402,196 | 1,280,946 | 0.33% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $341,189,259 | 1,269,022 | 0.33% | Shares |
| FEDERATED HERMES, INC. | $318,562,535 | 1,184,864 | 0.31% | Shares |
| JENNISON ASSOCIATES LLC | $311,668,251 | 1,159,221 | 0.30% | Shares |
| AustralianSuper Pty Ltd | $304,416,466 | 1,132,249 | 0.29% | Shares |
| Swiss National Bank | $304,049,472 | 1,130,884 | 0.29% | Shares |
| National Pension Service | $298,724,700 | 1,111,079 | 0.29% | Shares |
| ROYAL BANK OF CANADA | $291,543,000 | 1,084,367 | 0.28% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $263,461,829 | 979,922 | 0.25% | Shares |
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Elliott Investment Management L.P. ×7 filings | June 2, 2023 | · | Initial filing | · | SEC |
| Elliott Associates, L.P., Elliott International, L.P., Elliott International Capital Advisors Inc. ×14 filings | Aug. 28, 2019 | · | Initial filing | · | SEC |
| Alcoa Inc. | Feb. 13, 2009 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 89 insiders · 48 officers · 36 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| John C Plant | Executive Chairman & CEO | Feb. 17, 2026 A | 2,471,367 | 0 | 0 | $0 |
| Tolga I Oal | Co-Chief Executive Officer | Sept. 30, 2021 A | 263,085 | 0 | 0 | $0 |
| Klaus Kleinfeld | Chairman and CEO | Jan. 17, 2017 F | 918,498 | 0 | 0 | $0 |
| Patrick Winterlich | EVP, CFO | Feb. 17, 2026 A | 3,168 | 0 | 0 | $0 |
| Ken Giacobbe | EVP and CFO | May 5, 2025 F | 182,285 | 0 | 0 | $0 |
| William F Oplinger | Executive VP & CFO | Jan. 19, 2016 A | 228,224 | 0 | 0 | $0 |
| Charles D Mclane | Executive VP and CFO | Jan. 28, 2013 F | 431,344 | 0 | 0 | $0 |
| Joseph C Muscari | Exec. VP and CFO | Dec. 28, 2006 A | 108,284 | 0 | 0 | $0 |
| Richard B Kelson | Exec. VP and CFO | Dec. 30, 2005 A | 289,018 | 0 | 0 | $0 |
| Neil Edward Marchuk | EVP, CAO | May 11, 2026 S | 65,105 | 0 | 2 | $-22,664,929 |
| Jonathan A Arena | EVP, CL&CO and Secretary | April 15, 2026 A | 3,544 | 0 | 0 | $0 |
| Barbara Lou Shultz | Vice President and Controller | Feb. 26, 2026 S | 23,874 | 0 | 1 | $-260,000 |
| Michael Niem Chanatry | Vice President | Feb. 17, 2026 A | 168,502 | 0 | 0 | $0 |
| Lola Felice Lin | EVP, CL&CO and Secretary | Aug. 5, 2025 S | 63,150 | 0 | 0 | $0 |
| Paul W Myron | Vice President and Controller | May 16, 2021 F | 88,424 | 0 | 0 | $0 |
| Katherine H Ramundo | Executive Vice President | Jan. 19, 2021 F | 163,192 | 0 | 0 | $0 |
| Timothy Donald Myers | Executive Vice President | Feb. 4, 2020 A | 129,473 | 0 | 0 | $0 |
| Mark J Krakowiak | EVP, Strategy and Development | Feb. 15, 2018 A | 27,760 | 0 | 0 | $0 |
| Eric V Roegner | Executive Vice President | Jan. 22, 2018 F | 117,028 | 0 | 0 | $0 |
| Charles P Blankenship | Executive Vice President | Jan. 19, 2018 A | 140,790 | 0 | 0 | $0 |
| Vasantha Nair | Executive Vice President | Jan. 19, 2018 A | 60,485 | 0 | 0 | $0 |
| Kay Meggers | Executive Vice President | Jan. 17, 2017 F | 126,641 | 0 | 0 | $0 |
| Karl Tragl | Executive Vice President | Jan. 13, 2017 A | 23,986 | 0 | 0 | $0 |
| Christoph Kollatz | Exec Vice President | Jan. 13, 2017 A | 32,938 | 0 | 0 | $0 |
| Olivier M Jarrault | Executive Vice President | April 25, 2016 S | 352,889 | 0 | 0 | $0 |
| Robert Sean Collins | Vice President and Controller | March 15, 2016 F | 78,385 | 0 | 0 | $0 |
| Audrey Strauss | Executive Vice President | March 4, 2016 G | 48,000 | 0 | 0 | $0 |
| Roy Christopher Harvey | Executive Vice President | Jan. 19, 2016 A | 55,667 | 0 | 0 | $0 |
| Robert G Wilt | Executive Vice President | Jan. 20, 2015 A | 169,578 | 0 | 0 | $0 |
| Michael T. Barriere | Executive Vice President | April 15, 2014 F | 85,007 | 0 | 0 | $0 |
| Nicholas J Ashooh | Vice President | Aug. 30, 2013 A | 134,637 | 0 | 0 | $0 |
| Chris Ayers | Executive Vice President | Feb. 19, 2013 F | 180,825 | 0 | 0 | $0 |
| Graeme Bottger | Vice President and Controller | Jan. 28, 2013 F | 38,768 | 0 | 0 | $0 |
| Kurt R Waldo | EVP, Chief Legal & Compl. Ofcr | Jan. 23, 2012 F | 68,344 | 0 | 0 | $0 |
| John D Bergen | Vice President | Jan. 20, 2012 A | 41,886 | 0 | 0 | $0 |
| Nicholas John Deroma | Executive Vice President | Jan. 20, 2012 A | 43,418 | 0 | 0 | $0 |
| Helmut Wieser | Executive Vice President | Nov. 25, 2011 A | 85,436 | 0 | 0 | $0 |
| John G Thuestad | Executive Vice President | May 17, 2011 M | 23,674 | 0 | 0 | $0 |
| William F Christopher | Chairman's Counsel | March 17, 2011 F | 421,427 | 0 | 0 | $0 |
| Michael J Schell | Executive Vice President | Dec. 23, 2010 A | 288,847 | 0 | 0 | $0 |
| Bernt Reitan | Former Chairman's Counsel | July 30, 2010 A | 191,534 | 0 | 0 | $0 |
| Tony R Thene | VP - Controller | Jan. 26, 2010 A | 51,310 | 0 | 0 | $0 |
| Lawrence R Purtell | Exec. VP & Chairman's Counsel | May 13, 2008 S | 114,775 | 0 | 0 | $0 |
| Joseph R Lucot | VP - Corporate Controller | Jan. 13, 2008 F | 52,636 | 0 | 0 | $0 |
| Paul D Thomas | Executive Vice President | Jan. 13, 2008 F | 255,347 | 0 | 0 | $0 |
| Ruth Jeannette Mack | Vice President | April 26, 2006 D | 0 | 0 | 0 | $0 |
| Mario Longhi Filho | Vice President | April 21, 2005 A | 67,252 | 0 | 0 | $0 |
| John G Pizzey | Executive Vice President | Dec. 26, 2003 A | · | 0 | 0 | $0 |
| Joseph S Cantie | Director | July 2, 2026 A | 44,082 | 0 | 0 | $0 |
| Gunner Smith | Director | May 21, 2026 A | 5,844 | 0 | 0 | $0 |
| Sharon R Barner | Director | May 21, 2026 A | 16,582 | 0 | 0 | $0 |
| Amy E Alving | Director | May 21, 2026 A | 57,820 | 0 | 0 | $0 |
| Jody Miller | Director | May 21, 2026 A | 30,605 | 0 | 0 | $0 |
| Robert F Leduc | Director | May 21, 2026 A | 35,824 | 0 | 0 | $0 |
| James F Albaugh | Director | May 21, 2026 A | 59,442 | 0 | 0 | $0 |
| SCHMIDT ULRICH | Director | May 21, 2026 A | 53,228 | 0 | 0 | $0 |
| David J Miller | Director | May 24, 2024 A | 51,564 | 0 | 0 | $0 |
| Nicole Weyerhaeuser Piasecki | Director | May 27, 2022 A | 19,877 | 0 | 0 | $0 |
| Sean O Mahoney | Director | Jan. 3, 2020 A | 38,240 | 0 | 0 | $0 |
| Stanley E Oneal | Director | Jan. 3, 2020 A | 41,674 | 0 | 0 | $0 |
| Elmer L Doty | Director | Aug. 16, 2019 F | 77,386 | 0 | 0 | $0 |
| Christopher L Ayers | Director | May 16, 2019 A | 36,744 | 0 | 0 | $0 |
| Rajiv Gupta | Director | May 16, 2019 A | 45,201 | 0 | 0 | $0 |
| Arthur D Collins JR | Director | April 2, 2019 A | 48,225 | 0 | 0 | $0 |
| David P Hess | Director | Jan. 15, 2019 F | 128,613 | 0 | 0 | $0 |
| Patricia F Russo | Director | Jan. 4, 2018 A | 8,289 | 0 | 0 | $0 |
| Patrice E Merrin | Director | Oct. 3, 2017 A | 15,557 | 0 | 0 | $0 |
| Julie Richardson | Director | May 30, 2017 A | 7,521 | 0 | 0 | $0 |
| Leo Rafael Reif | Director | April 4, 2017 A | 4,249 | 0 | 0 | $0 |
| Ratan Tata | Director | April 4, 2017 A | 25,373 | 0 | 0 | $0 |
| Martin Sorrell | Director | Nov. 30, 2016 A | 15,980 | 0 | 0 | $0 |
| Carol L Roberts | Director | Oct. 3, 2016 A | · | 0 | 0 | $0 |
| Michael G Morris | Director | Oct. 3, 2016 A | 30,120 | 0 | 0 | $0 |
| Kathryn S Fuller | Director | Oct. 3, 2016 A | 0 | 0 | 0 | $0 |
| James W Owens | Director | Oct. 3, 2016 A | 10,000 | 0 | 0 | $0 |
| Ernesto Zedillo | Director | Jan. 4, 2016 A | 0 | 0 | 0 | $0 |
| Judith M Gueron | Director | Jan. 2, 2015 A | 15,024 | 0 | 0 | $0 |
| Carlos Ghosn | Director | Jan. 3, 2011 A | 0 | 0 | 0 | $0 |
| Joseph T Gorman | Director | Nov. 13, 2009 M | 6,279 | 0 | 0 | $0 |
| Sir Ronald Hampel | Director | Jan. 12, 2005 P | 19,579 | 0 | 0 | $0 |
| John P Mulroney | Director | July 1, 2004 A | · | 0 | 0 | $0 |
| ELLIOTT INTERNATIONAL, L.P. | 10% owner | Aug. 28, 2019 J | 29,903,797 | 0 | 0 | $0 |
| ELLIOTT ASSOCIATES, L.P. | 10% owner | Aug. 28, 2019 J | 13,435,039 | 0 | 0 | $0 |
| Henry B Schacht | · | June 30, 2016 M | 19,136 | 0 | 0 | $0 |
| Franklin A Thomas | · | June 30, 2010 M | 15,970 | 0 | 0 | $0 |
| Alain J P Belda | · | Jan. 21, 2010 A | 1,410,914 | 0 | 0 | $0 |
| Ricardo E Belda | · | Feb. 17, 2006 A | 130,597 | 0 | 0 | $0 |
| William E Leahey JR | · | Oct. 29, 2004 A | 0 | 0 | 0 | $0 |
| Michael Coleman | · | Sept. 3, 2004 A | 128,998 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 144 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| JXX · Janus Detroit Street Trust | 5.79% | 5,471 NS | July 31, 2026 | N-PORT |
| ITA · iShares Trust | 4.24% | 2,387,297 SH | Sept. 11, 2026 | Daily |
| PPA · Invesco Exchange-Traded Fund Trust | 4.16% | 1,353,434 SH | Oct. 2, 2026 | Daily |
| NEWZ · EA Series Trust | 3.47% | 2,398 NS | July 31, 2026 | N-PORT |
| DFEN · Direxion Shares ETF Trust | 3.13% | 42,548 NS | July 31, 2026 | N-PORT |
| CAML · Professionally Managed Portfolios | 2.94% | 38,462 NS | July 31, 2026 | N-PORT |
| VOT · VANGUARD INDEX FUNDS | 2.36% | 3,065,290 SH | Aug. 19, 2026 | Daily |
| FGSI · First Trust Exchange-Traded Fund IV | 2.02% | 148 NS | July 31, 2026 | N-PORT |
| YOKE · EA Series Trust | 1.86% | 15,387 NS | July 31, 2026 | N-PORT |
| RPG · Invesco Exchange-Traded Fund Trust | 1.75% | 149,501 SH | Oct. 2, 2026 | Daily |
| NULG · Nushares ETF Trust | 1.68% | 158,275 NS | July 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 1.61% | 131,427 NS | July 31, 2026 | N-PORT |
| NUGO · Nushares ETF Trust | 1.57% | 136,171 NS | July 31, 2026 | N-PORT |
| NULC · Nushares ETF Trust | 1.50% | 3,750 NS | July 31, 2026 | N-PORT |
| DUSL · Direxion Shares ETF Trust | 1.48% | 2,956 NS | July 31, 2026 | N-PORT |
| VIS · VANGUARD WORLD FUND | 1.44% | 486,852 SH | Aug. 19, 2026 | Daily |
| IWLG · New York Life Investments Active ET… | 1.39% | 15,369 NS | July 31, 2026 | N-PORT |
| RSPN · Invesco Exchange-Traded Fund Trust | 1.21% | 38,888 SH | Oct. 2, 2026 | Daily |
| GURU · Global X Funds | 1.20% | 2,596 NS | July 31, 2026 | N-PORT |
| PWB · Invesco Exchange-Traded Fund Trust | 1.17% | 140,378 SH | Oct. 2, 2026 | Daily |
| IYJ · iShares Trust | 1.14% | 94,563 SH | Sept. 11, 2026 | Daily |
| JOYT · J.P. Morgan Exchange-Traded Fund Tr… | 1.05% | 3,619 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 1.04% | 8,670,847 SH | Aug. 19, 2026 | Daily |
| IWFG · New York Life Investments Active ET… | 1.03% | 2,205 NS | July 31, 2026 | N-PORT |
| EXI · iShares Trust | 0.92% | 57,507 SH | Sept. 11, 2026 | Daily |
| FFLG · FIDELITY COVINGTON TRUST | 0.88% | 18,462 NS | July 31, 2026 | N-PORT |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 0.87% | 142,271 NS | July 31, 2026 | N-PORT |
| JHAI · Janus Detroit Street Trust | 0.86% | 713 NS | July 31, 2026 | N-PORT |
| UPSD · ETF Series Solutions | 0.84% | 3,495 NS | July 31, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.80% | 7,050 NS | July 31, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.78% | 6,713 NS | July 31, 2026 | N-PORT |
| FOWF · Pacer Funds Trust | 0.72% | 401 NS | July 31, 2026 | N-PORT |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.71% | 18,544 NS | July 31, 2026 | N-PORT |
| FTLS · First Trust Exchange-Traded Fund III | 0.70% | 61,582 NS | July 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.68% | 50,649 SH | Aug. 19, 2026 | Daily |
| QUAL · iShares Trust | 0.68% | 1,379,750 SH | Sept. 11, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.67% | 22,059 NS | July 31, 2026 | N-PORT |
| FYEE · Fidelity Greenwood Street Trust | 0.65% | 5,063 NS | July 31, 2026 | N-PORT |
| GARP · iShares Trust | 0.63% | 84,285 SH | Sept. 11, 2026 | Daily |
| IIGD · Invesco Exchange-Traded Self-Indexe… | 0.62% | 170,000 | Oct. 1, 2026 | Daily |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.60% | 27,925 NS | July 31, 2026 | N-PORT |
| FBUF · Fidelity Greenwood Street Trust | 0.59% | 503 NS | July 31, 2026 | N-PORT |
| FDMO · FIDELITY COVINGTON TRUST | 0.57% | 18,283 NS | July 31, 2026 | N-PORT |
| MTUM · iShares Trust | 0.54% | 575,191 SH | Sept. 11, 2026 | Daily |
| RDVI · First Trust Exchange-Traded Fund IV | 0.53% | 68,121 NS | July 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.51% | 502 SH | Sept. 11, 2026 | Daily |
| RILA · Spinnaker ETF Series | 0.51% | 757 NS | July 31, 2026 | N-PORT |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.47% | 41,484 NS | July 31, 2026 | N-PORT |
| GSY · Invesco Actively Managed Exchange-T… | 0.43% | 17,017,000 | Oct. 2, 2026 | Daily |
| SPMO · Invesco Exchange-Traded Fund Trust … | 0.42% | 431,987 SH | Oct. 2, 2026 | Daily |
| PWS · Pacer Funds Trust | 0.41% | 347 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.41% | 83,708 SH | Oct. 2, 2026 | Daily |
| LGDX · Tidal Trust III | 0.39% | 1,968 NS | July 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.38% | 20,964 NS | July 31, 2026 | N-PORT |
| FBCG · FIDELITY COVINGTON TRUST | 0.37% | 91,742 NS | July 31, 2026 | N-PORT |
| SUSA · iShares Trust | 0.36% | 64,045 SH | Sept. 11, 2026 | Daily |
| IQSU · New York Life Investments ETF Trust | 0.33% | 3,869 NS | July 31, 2026 | N-PORT |
| HFGO · Hartford Funds Exchange-Traded Trust | 0.33% | 2,365 NS | July 31, 2026 | N-PORT |
| EGUS · iShares Trust | 0.33% | 402 SH | Sept. 11, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.32% | 630,209 SH | Aug. 19, 2026 | Daily |
| IWY · iShares Trust | 0.32% | 218,736 SH | Sept. 11, 2026 | Daily |
| VUG · VANGUARD INDEX FUNDS | 0.31% | 4,391,604 SH | Aug. 19, 2026 | Daily |
| VOOG · VANGUARD ADMIRAL FUNDS | 0.30% | 297,330 SH | Aug. 19, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.30% | 6,068 NS | July 31, 2026 | N-PORT |
| INFO · Harbor ETF Trust | 0.30% | 8,834 NS | July 31, 2026 | N-PORT |
| ILCG · iShares Trust | 0.29% | 39,036 SH | Sept. 11, 2026 | Daily |
| IWF · iShares Trust | 0.28% | 1,496,235 SH | Sept. 11, 2026 | Daily |
| AQLT · iShares Trust | 0.28% | 3,939 SH | Sept. 11, 2026 | Daily |
| HEQQ · J.P. Morgan Exchange-Traded Fund Tr… | 0.26% | 275 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.26% | 41,706 SH | Sept. 11, 2026 | Daily |
| EGLE · Global X Funds | 0.26% | 20 NS | July 31, 2026 | N-PORT |
| IVW · iShares Trust | 0.26% | 853,406 SH | Sept. 11, 2026 | Daily |
| IUSG · iShares Trust | 0.24% | 352,291 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.22% | 10,271 NS | July 31, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 839,132 SH | Oct. 2, 2026 | Daily |
| CHRI · Global X Funds | 0.20% | 56 NS | July 31, 2026 | N-PORT |
| ESGU · iShares Trust | 0.19% | 147,077 SH | Sept. 11, 2026 | Daily |
| ADME · ETF Series Solutions | 0.18% | 1,867 NS | July 31, 2026 | N-PORT |
| ACIO · ETF Series Solutions | 0.18% | 14,983 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.18% | 30 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.18% | 311 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.18% | 55,267 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.18% | 20,277 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.17% | 6,777 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.17% | 22 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.17% | 33,586 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.17% | 389 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.17% | 19,622 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.17% | 10,393,345 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.17% | 467,283 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.17% | 1,587 NS | July 31, 2026 | N-PORT |
| TOPC · iShares Trust | 0.17% | 244 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.17% | 12,409 SH | Oct. 2, 2026 | Daily |
| EUSA · iShares, Inc. | 0.16% | 13,769 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.16% | 3,059 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.16% | 119,642 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.16% | 1,510 NS | July 31, 2026 | N-PORT |
| IWL · iShares Trust | 0.16% | 15,521 SH | Sept. 11, 2026 | Daily |
| VOXP · Advisors Series Trust | 0.16% | 33 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.16% | 9,619 NS | July 31, 2026 | N-PORT |
| DFVX · Dimensional ETF Trust | 0.16% | 2,912 NS | July 31, 2026 | N-PORT |
| XVV · iShares Trust | 0.16% | 4,592 SH | Sept. 11, 2026 | Daily |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.15% | 4,790,000 | Oct. 2, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.15% | 12,703,446 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.15% | 65,854 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.15% | 33,513 SH | Aug. 19, 2026 | Daily |
| GLOF · iShares Trust | 0.15% | 1,310 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.14% | 2,372 SH | Oct. 2, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.14% | 2,782 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.14% | 5,042,840 SH | Sept. 11, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.14% | 69,294 SH | Oct. 2, 2026 | Daily |
| ILCB · iShares Trust | 0.14% | 7,763 SH | Sept. 11, 2026 | Daily |
| DYNF · BlackRock ETF Trust | 0.14% | 248,383 SH | Sept. 11, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.13% | 31,278 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.13% | 17,141 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.13% | 275,659 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.12% | 110,248 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.12% | 520,903 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.12% | 54,152 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.12% | 314 SH | Oct. 2, 2026 | Daily |
| TILT · FlexShares Trust | 0.12% | 8,908 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.11% | 1,118 SH | Sept. 11, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.10% | 12,276 NS | July 31, 2026 | N-PORT |
| URTH · iShares, Inc. | 0.10% | 35,869 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.10% | 125,000 | Oct. 2, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.09% | 334,713 SH | Aug. 19, 2026 | Daily |
| ACWI · iShares Trust | 0.09% | 127,169 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.09% | 145,454 NS | July 31, 2026 | N-PORT |
| USCL · iShares Trust | 0.09% | 10,610 SH | Sept. 11, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.08% | 6,820 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.08% | 1,618 NS | July 31, 2026 | N-PORT |
| CRBN · iShares Trust | 0.06% | 3,051 SH | Sept. 11, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.05% | 2,013 SH | Oct. 2, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.05% | 19,514 SH | Oct. 2, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 1,542 SH | Oct. 2, 2026 | Daily |
| DGRO · iShares Trust | 0.04% | 73,135 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.03% | 13,550 SH | Oct. 2, 2026 | Daily |
| GTO · Invesco Actively Managed Exchange-T… | 0.03% | 906,000 | Oct. 2, 2026 | Daily |
| GTOS · Invesco Actively Managed Exchange-T… | 0.02% | 23,000 | Oct. 2, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
HWM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 28 analysts
BUY
Median target
$340.00
+47.0%
9 32.1%
Strong Buy
14 50.0%
Buy
5 17.9%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
21 analysts · 2026-09-28Mean target $337.74 +46.0%
← Below all targets
Current price $231.27
Low$256.56
Mean$337.74
High$375.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HWM | $82.34B | 55.3 | 11.1% | 18.3% | 29.0% | · |
| GE | $323.05B | 37.8 | 18.5% | 19.0% | 45.8% | · |
| RTX | · | 37.0 | 9.7% | 7.6% | 10.7% | · |
| BA | $219.78B | 87.5 | 34.5% | 2.5% | 289.1% | 4.8% |
| LMT | $110.76B | 22.5 | 5.6% | 6.7% | 83.2% | 10.2% |
| GD | $91.03B | 21.8 | 10.1% | 8.0% | 17.1% | · |
| NOC | $80.97B | 19.6 | 2.2% | 10.0% | 26.4% | · |
| TDG | · | 41.1 | 11.2% | 23.5% | -26.0% | 60.1% |
| HONA | · | · | · | · | · | · |
| RKLB | $37.92B | -188.5 | 38.0% | -32.9% | -16.4% | 34.4% |
Latest News Recent headlines mentioning this company
Howmet Aerospace Inc. (HWM): Among Aerospace and Defense Stocks with the Largest 5Y Share Price Returns
Yahoo Finance · 3 months ago
Honeywell Stock Sinks After Officially Completing Aerospace Spin-Off
Nasdaq · 3 months ago
Is SpaceX Worth $1.77 Trillion When It Can't Turn a Profit? These 4 Stocks Suggest There's a Better Way to Play Aerospace.
Nasdaq · 3 months ago
How Is Howmet Aerospace's Stock Performance Compared to Other Aerospace & Defense Stocks?
Yahoo Finance · 3 months, 3 weeks ago
See How Gerdau Ranks Among Analysts' Top Metals Picks
Nasdaq · 4 months ago
Market Update: HWM, CSCO, ITRI, VLO, XYL, GEHC
Yahoo Finance · 4 months, 2 weeks ago
Howmet Aerospace (HWM) Appoints Jonathan Arena as Executive VP and Chief Legal Officer
Yahoo Finance · 4 months, 3 weeks ago
Could Howmet Aerospace (HWM) Be A Beneficiary Of SpaceX IPO?
Yahoo Finance · 5 months, 1 week ago
Defense Stock Face-Off: Lockheed Martin vs. Howmet Aerospace -- Which Is the Better Buy Right Now?
Nasdaq · 5 months, 1 week ago
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Source: SEC 10-Q filed Aug 6, 2026