GE vs HWM vs BA Stock Comparison

General Electric, Howmet Aerospace and Boeing Prices as of Oct 29, 2026 Peers: Industry group
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GE General Electric Co
$313.11 -1.6% 1M -0.4% 1Y
Market cap
$311.41B
P/E
34.2x
Revenue (TTM)
$52.58B
Div. yield
0.01%
Commercial Aerospace Industrials
4 wins
HWM Howmet Aerospace Inc.
$205.71 -10.9% 1M +1.1% 1Y
Market cap
$79.38B
P/E
38.7x
Revenue (TTM)
$9.73B
Div. yield
0.00%
Commercial Aerospace Industrials
7 wins
BA Boeing Co
$172.72 -8.0% 1M -19.1% 1Y
Market cap
$135.84B
P/E
18.6x
Revenue (TTM)
$94.91B
Div. yield
–
Commercial Aerospace Industrials
1 win

Head to Head

12 decided of 12

Howmet Aerospace leads on 7 of the 12 questions below (Howmet Aerospace 7, General Electric 4, Boeing 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGEHWMBALeader
Larger companyMarket capitalisation $311.41B $79.38B $135.84B GE
Cheaper on earningsLower P/E, profitable companies only 34.2x 38.7x 18.6x BA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 41.3x 39.6x — HWM
Faster revenue growthRevenue growth, trailing twelve months +19.6% +22.0% +17.5% HWM
More profitableNet margin, trailing twelve months 17.3% 21.1% 7.7% HWM
Better return on capitalReturn on invested capital -38.7% 21.5% 18.2% HWM
Less leveragedLower net debt / EBITDA -0.7x 1.4x 2.1x GE
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% GE
Better 1-year returnPrice return, last 12 months -0.4% +1.1% -19.1% HWM
Better 5-year returnAnnualised price return, 5 years +36.8%/yr +47.3%/yr -3.6%/yr HWM
Less volatileAnnualised volatility, 1 year 33.4% 35.5% 36.1% GE
Higher overall scoreMean of the five percentile scores vs peers 46/100 73/100 56/100 HWM

Percentile Scorecard

GEHWMBA

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

AxisGEHWMBA
Valuation 33 #67 of 100 40 #60 of 100 64 #37 of 100
Growth 33 #65 of 96 90 #11 of 96 83 #17 of 96
Profitability 57 #41 of 95 99 #2 of 95 64 #35 of 95
Financial Health 20 #84 of 105 47 #56 of 105 12 #93 of 105
Shareholder Returns 84 #11 of 65 88 #9 of 65 –
Overall 46 73 56
  • GE ranked among 107 companies in Aerospace and Defense
  • HWM ranked among 107 companies in Aerospace and Defense
  • BA 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

PeriodGEHWMBASPY
1 month -1.6%-10.9%-8.0% +0.7%
3 months -11.8%-25.8%-21.8% +3.7%
6 months +8.0%-15.4%-24.6% +7.1%
Year to date +1.6%+0.3%-20.4% +12.8%
1 year -0.4%+1.1%-19.1% +11.9%
3 years +257.3%+371.8%-5.3% +85.2%
3 years, per year +52.9%+67.8%-1.8% +22.8%
5 years +379.2%+592.9%-16.6% +67.6%
5 years, per year +36.8%+47.3%-3.6% +10.9%
10 years +123.6%—+20.8% +262.0%
10 years, per year +8.4%—+1.9% +13.7%

Risk

MeasureGEHWMBASPY
Volatility, 1Y 33.4%35.5%36.1% 12.7%
Downside volatility, 1Y 35.3%36.5%36.0% 12.6%
Beta vs S&P 500, 1Y 1.201.091.17 1.00
Return / volatility, 1Y -0.010.03-0.53 0.94
Max drawdown, 5Y -45.1%-36.5%-50.3% -25.4%
From 52-week high -17.8%-29.7%-31.5% -1.2%
52-week high $381.07$292.71$252.15 $779.14
52-week low $273.25$185.88$167.12 $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.

MultipleGEHWMBA
P/E now vs peer median 35.6xmedian 26.9x 39.9xmedian 26.9x 18.7xmedian 26.9x
P/S now vs peer median 6.2xmedian 3.0x 8.4xmedian 3.0x 1.4xmedian 3.0x
EV/EBITDA now vs peer median -21.8xmedian 15.0x 28.2xmedian 15.0x 13.5xmedian 15.0x
P/FCF now vs peer median 40.5xmedian 27.2x 42.4xmedian 27.2x 8,554xmedian 27.2x
P/B now vs peer median 18.2xmedian 2.5x 14.2xmedian 2.5x 20.9xmedian 2.5x
PEG now vs peer median -124.64median 0.93 0.81median 0.93 0.32median 0.93

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 monthsGEHWMBA
Revenue $52.58B $9.73B $94.91B
Gross profit $18.52B $3.56B $8.94B
Operating income -$16.58B $2.73B $9.74B
Net income $9.13B $2.05B $7.66B
Free cash flow $7.99B $1.93B $16.00M
R&D $1.81B $38.00M $3.62B
EPS (diluted) $8.74 $5.13 $9.22
Cash & equivalents $8.76B $507.00M $9.50B
Total debt $19.33B $4.83B $45.92B
Shares (diluted) 1.04B 400.00M 792.90M
Enterprise value $269.93B $75.14B $44.80B

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
MetricGEHWMBA
P/E 35.6x 39.9x 18.7x
P/FCF 40.5x 42.4x 8,554x
P/Operating cash flow 34.3x 34.1x 34.1x
P/S 6.2x 8.4x 1.4x
P/B 18.2x 14.2x 20.9x
P/Tangible book 23.6x 16.7x 25.9x
EV/EBITDA -21.8x 28.2x 13.5x
EV/EBIT -20.2x 31.6x 16.6x
EV/Revenue 6.4x 8.9x 1.7x
EV/FCF 41.8x 44.7x 10,130x
EV/Operating cash flow 35.4x 35.9x 40.4x
PEG (3Y EPS CAGR) -124.64 0.81 0.32

Growth

14 metrics
MetricGEHWMBA
Revenue growth (1Y) 19.6% 22.0% 17.5%
Revenue CAGR (3Y) 7.2% 14.9% 7.8%
Gross profit growth (1Y) 11.7% 33.7% 906.6%
Gross profit CAGR (3Y) 10.9% 26.3% 9.1%
Operating income growth (1Y) 13.2% 36.4% 217.8%
Operating income CAGR (3Y) -98.5% 35.5% 107.6%
Net income growth (1Y) 13.2% 41.6% 177.7%
Net income CAGR (3Y) -3.4% 47.5% 67.1%
EPS growth (1Y) 15.5% 43.6% 168.9%
EPS CAGR (3Y) -0.3% 49.5% 58.4%
Operating cash flow growth (1Y) 21.4% 40.3% 208.0%
Operating cash flow CAGR (3Y) 6.3% 38.8% -12.7%
Free cash flow growth (1Y) 20.1% 50.9% 100.3%
Free cash flow CAGR (3Y) 2.7% 41.0% -84.9%

Profitability

14 metrics
MetricGEHWMBA
Gross margin 35.2% 36.6% 9.4%
EBITDA margin -29.1% 31.4% 12.7%
Operating margin -31.5% 28.1% 10.3%
Pretax margin 20.3% 25.8% 8.3%
Net margin 17.3% 21.1% 7.7%
FCF margin 15.2% 19.8% 0.0%
Operating cash flow margin 17.9% 24.7% 4.2%
Return on equity 51.2% 35.7% 121.0%
Return on assets 7.2% 15.5% 4.6%
Return on invested capital -38.7% 21.5% 18.2%
Return on capital employed -19.5% 24.7% 17.9%
Asset turnover 0.4x 0.7x 0.6x
Cash conversion (OCF / net income) 1.0x 1.2x 0.5x
Stock comp / revenue – 1.0% 0.5%

Financial Health

11 metrics
MetricGEHWMBA
Debt / assets 15.2% 36.4% 26.9%
Debt / equity 1.1x 0.8x 7.0x
Net debt / EBITDA -0.7x 1.4x 2.1x
Debt / FCF 2.4x 2.5x 2,870x
Liabilities / assets 86.0% 56.6% 96.2%
Equity / assets 14.0% 43.4% 3.8%
Interest coverage -17.9x – 4.0x
Current ratio 1.0x 1.9x 1.1x
Quick ratio 0.6x 0.7x 0.3x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 2.77 8.71 1.49

Shareholder Returns

7 metrics
MetricGEHWMBA
Dividend yield 0.6% 0.2% –
Net buyback yield 2.6% 1.6% –
Shareholder yield 3.2% 1.8% 0.0%
Payout ratio (earnings) 19.1% 9.9% –
Payout ratio (FCF) 21.8% 10.5% –
Dividend growth (1Y) 26.6% 23.8% –
Dividend CAGR (3Y) 36.5% 43.3% –

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.

ConsensusGEHWMBA
Forward P/E 41.3xFY2026 39.6xFY2026 –
EPS, next fiscal year $7.59FY2026 $5.19FY2026 $-0.99FY2026
EPS growth, next FY +19.2%FY2026 +37.7%FY2026 -183.2%FY2026
EPS growth, the year after +28.1% +31.2% –
Revenue, next fiscal year $54.10BFY2026 $10.37BFY2026 $91.05BFY2026
Revenue growth, next FY +27.8%FY2026 +25.7%FY2026 +1.8%FY2026
Revenue growth, the year after +11.8% +15.9% +18.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEHWMBA
Held by institutions 79.4% 91.0% 75.6%
Institutions holding 3,444 1,601 2,628
Change in shares held, QoQ +1.5% +0.7% +2.3%
Institutions buying 1,831 908 1,328
Institutions selling 1,149 484 844
Buyers to sellers 1.59 1.88 1.57

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.

GEHWMBA
GE 1.00 0.67 0.43
HWM 0.67 1.00 0.40
BA 0.43 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GE, HWM and BA?

General Electric (GE) is the largest by market capitalisation: General Electric (GE) $311.41B, Howmet Aerospace (HWM) $79.38B, Boeing (BA) $135.84B.

Which stock is cheaper, GE, HWM and BA?

Boeing (BA) trades on the lowest price-to-earnings ratio (General Electric (GE) 34.2x, Howmet Aerospace (HWM) 38.7x, Boeing (BA) 18.6x). On next year's consensus earnings, Howmet Aerospace (HWM) is cheapest (General Electric (GE) 41.3x, Howmet Aerospace (HWM) 39.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Howmet Aerospace (HWM) grew revenue fastest over the trailing twelve months: General Electric (GE) +19.6%, Howmet Aerospace (HWM) +22.0%, Boeing (BA) +17.5%.

Which company is more profitable?

Howmet Aerospace (HWM) has the highest net margin (General Electric (GE) 17.3%, Howmet Aerospace (HWM) 21.1%, Boeing (BA) 7.7%). On return on invested capital, Howmet Aerospace (HWM) leads (General Electric (GE) -38.7%, Howmet Aerospace (HWM) 21.5%, Boeing (BA) 18.2%).

Which stock has performed better?

Over the past year Howmet Aerospace (HWM) returned the most: General Electric (GE) -0.4%, Howmet Aerospace (HWM) +1.1%, Boeing (BA) -19.1%. Over five years, Howmet Aerospace (HWM) compounded fastest (General Electric (GE) +36.8%/yr, Howmet Aerospace (HWM) +47.3%/yr, Boeing (BA) -3.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Electric (GE) has the highest dividend yield: General Electric (GE) 0.01%, Howmet Aerospace (HWM) 0.00%, Boeing (BA) 0.00%. Boeing (BA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, General Electric (GE) has been the steadiest (General Electric (GE) 33.4%, Howmet Aerospace (HWM) 35.5%, Boeing (BA) 36.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GE, HWM and BA?

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.