BA vs HWM Stock Comparison

Boeing and Howmet Aerospace Prices as of Oct 23, 2026 Peers: Industry group
BA Boeing Co
$188.29 -5.7% 1M -13.5% 1Y
Market cap
$148.46B
P/E
71.0x
Revenue (TTM)
$94.00B
Div. yield
–
Commercial Aerospace Industrials
3 wins
HWM Howmet Aerospace Inc.
$185.88 -18.7% 1M -7.1% 1Y
Market cap
$77.71B
P/E
41.6x
Revenue (TTM)
$9.12B
Div. yield
0.00%
Commercial Aerospace Industrials
7 wins

Head to Head

10 decided of 12

Howmet Aerospace leads on 7 of the 12 questions below (Howmet Aerospace 7, Boeing 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBAHWMLeader
Larger companyMarket capitalisation $148.46B $77.71B BA
Cheaper on earningsLower P/E, profitable companies only 71.0x 41.6x HWM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 35.8x –
Faster revenue growthRevenue growth, trailing twelve months +24.8% +18.1% BA
More profitableNet margin, trailing twelve months 2.2% 20.5% HWM
Better return on capitalReturn on invested capital 7.7% 19.4% HWM
Less leveragedLower net debt / EBITDA 3.8x 1.4x HWM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -13.5% -7.1% HWM
Better 5-year returnAnnualised price return, 5 years -2.4%/yr +43.6%/yr HWM
Less volatileAnnualised volatility, 1 year 34.4% 34.9% BA
Higher overall scoreMean of the five percentile scores vs peers 48/100 74/100 HWM

Percentile Scorecard

BAHWM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBAHWM
Valuation 44 #56 of 100 39 #61 of 100
Growth 81 #19 of 97 90 #11 of 97
Profitability 54 #45 of 96 98 #3 of 96
Financial Health 11 #94 of 106 50 #54 of 106
Shareholder Returns – 92 #6 of 65
Overall 48 74
  • BA ranked among 107 companies in Aerospace and Defense
  • HWM ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBAHWMSPY
1 month -5.7%-18.7% -1.0%
3 months -10.2%-35.8% +2.9%
6 months -19.0%-23.3% +6.4%
Year to date -13.3%-9.3% +11.4%
1 year -13.5%-7.1% +13.1%
3 years +3.3%+327.3% +79.4%
3 years, per year +1.1%+62.3% +21.5%
5 years -11.6%+510.2% +67.7%
5 years, per year -2.4%+43.6% +10.9%
10 years +38.8%— +255.2%
10 years, per year +3.3%— +13.5%

Risk

MeasureBAHWMSPY
Volatility, 1Y 34.4%34.9% 12.7%
Downside volatility, 1Y 33.2%36.4% 12.7%
Beta vs S&P 500, 1Y 1.231.08 1.00
Return / volatility, 1Y -0.39-0.20 1.03
Max drawdown, 5Y -50.3%-36.5% -25.4%
From 52-week high -25.3%-36.5% -2.5%
52-week high $252.15$292.71 $779.14
52-week low $179.12$185.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBAHWM
P/E now vs peer median 71.2xmedian 26.2x 39.8xmedian 26.2x
P/S now vs peer median 1.6xmedian 2.9x 8.2xmedian 2.9x
EV/EBITDA now vs peer median 25.7xmedian 14.7x 28.0xmedian 14.7x
P/FCF now vs peer median -708.7xmedian 24.9x 41.5xmedian 24.9x
P/B now vs peer median 24.3xmedian 2.4x 13.0xmedian 2.4x
PEG now vs peer median 2.15median 0.92 0.73median 0.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBAHWM
Revenue $94.00B $9.12B
Gross profit $4.40B $3.29B
Operating income $4.60B $2.50B
Net income $2.43B $1.87B
Free cash flow -$210.00M $1.79B
R&D $3.69B $37.00M
EPS (diluted) $2.64 $4.65
Cash & equivalents $7.24B $563.00M
Total debt $45.90B $20.67B
Shares (diluted) 790.80M 402.00M
Enterprise value $55.15B $73.31B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBAHWM
P/E 71.2x 39.8x
P/FCF -708.7x 41.5x
P/Operating cash flow 40.9x 33.5x
P/S 1.6x 8.2x
P/B 24.3x 13.0x
P/Tangible book 32.5x 15.3x
EV/EBITDA 25.7x 28.0x
EV/EBIT 38.0x 31.4x
EV/Revenue 1.9x 8.6x
EV/FCF -831.9x 43.7x
EV/Operating cash flow 48.0x 35.3x
PEG (3Y EPS CAGR) 2.15 0.73

Growth

14 metrics
MetricBAHWM
Revenue growth (1Y) 24.8% 18.1%
Revenue CAGR (3Y) 8.5% 13.7%
Gross profit growth (1Y) 1,902% 30.2%
Gross profit CAGR (3Y) -3.6% 25.3%
Operating income growth (1Y) 149.8% 32.6%
Operating income CAGR (3Y) 49.8% 34.8%
Net income growth (1Y) 122.8% 33.9%
Net income CAGR (3Y) 36.4% 52.1%
EPS growth (1Y) 118.3% 35.4%
EPS CAGR (3Y) 33.1% 54.1%
Operating cash flow growth (1Y) 158.8% 56.1%
Operating cash flow CAGR (3Y) -26.6% 42.2%
Free cash flow growth (1Y) 97.5% 75.9%
Free cash flow CAGR (3Y) -26.6% 45.6%

Profitability

14 metrics
MetricBAHWM
Gross margin 4.7% 36.0%
EBITDA margin 7.2% 30.7%
Operating margin 4.9% 27.4%
Pretax margin 3.0% 25.0%
Net margin 2.2% 20.5%
FCF margin -0.2% 19.6%
Operating cash flow margin 3.9% 24.4%
Return on equity 40.4% 33.3%
Return on assets 1.5% 14.2%
Return on invested capital 7.7% 19.4%
Return on capital employed 8.2% 23.0%
Asset turnover 0.6x 0.7x
Cash conversion (OCF / net income) 1.5x 1.2x
Stock comp / revenue 0.5% 1.0%

Financial Health

11 metrics
MetricBAHWM
Debt / assets 27.7% 34.0%
Debt / equity 7.5x 0.8x
Net debt / EBITDA 3.8x 1.4x
Debt / FCF -218.6x 2.5x
Liabilities / assets 96.3% 56.7%
Equity / assets 3.7% 43.3%
Interest coverage 1.8x –
Current ratio 1.1x 1.8x
Quick ratio 0.3x 0.7x
Cash ratio 0.2x 0.2x
Altman Z-score 1.47 7.95

Shareholder Returns

7 metrics
MetricBAHWM
Dividend yield – 0.3%
Net buyback yield – 1.3%
Shareholder yield 0.0% 1.6%
Payout ratio (earnings) – 10.4%
Payout ratio (FCF) – 10.9%
Dividend growth (1Y) – 30.0%
Dividend CAGR (3Y) – 47.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBAHWM
Forward P/E – 35.8xFY2026
EPS, next fiscal year $-1.03FY2026 $5.19FY2026
EPS growth, next FY -186.6%FY2026 +37.7%FY2026
EPS growth, the year after – +31.2%
Revenue, next fiscal year $91.39BFY2026 $10.37BFY2026
Revenue growth, next FY +2.2%FY2026 +25.7%FY2026
Revenue growth, the year after +18.3% +15.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBAHWM
Held by institutions 75.6% 91.0%
Institutions holding 2,626 1,600
Change in shares held, QoQ +2.3% +0.7%
Institutions buying 1,327 907
Institutions selling 843 484
Buyers to sellers 1.57 1.87

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BAHWM
BA 1.00 0.40
HWM 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BA and HWM?

Boeing (BA) is the largest by market capitalisation: Boeing (BA) $148.46B, Howmet Aerospace (HWM) $77.71B.

Which stock is cheaper, BA and HWM?

Howmet Aerospace (HWM) trades on the lowest price-to-earnings ratio (Boeing (BA) 71.0x, Howmet Aerospace (HWM) 41.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Boeing (BA) grew revenue fastest over the trailing twelve months: Boeing (BA) +24.8%, Howmet Aerospace (HWM) +18.1%.

Which company is more profitable?

Howmet Aerospace (HWM) has the highest net margin (Boeing (BA) 2.2%, Howmet Aerospace (HWM) 20.5%). On return on invested capital, Howmet Aerospace (HWM) leads (Boeing (BA) 7.7%, Howmet Aerospace (HWM) 19.4%).

Which stock has performed better?

Over the past year Howmet Aerospace (HWM) returned the most: Boeing (BA) -13.5%, Howmet Aerospace (HWM) -7.1%. Over five years, Howmet Aerospace (HWM) compounded fastest (Boeing (BA) -2.4%/yr, Howmet Aerospace (HWM) +43.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Boeing (BA) 0.00%, Howmet Aerospace (HWM) 0.00%. Boeing (BA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Boeing (BA) has been the steadiest (Boeing (BA) 34.4%, Howmet Aerospace (HWM) 34.9%). Volatility measures how widely the price swings, not the risk of the business.

Do BA and HWM move together?

Their daily returns over the past year have a correlation of 0.40, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BA and HWM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Howmet Aerospace (HWM) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.