GEV vs HWM vs FPS Stock Comparison

GE Vernova, Howmet Aerospace and Forgent Power Solutions Prices as of Oct 23, 2026 Peers: Industry group
GEV GE Vernova Inc.
$814.57 -14.4% 1M +36.9% 1Y
Market cap
$229.22B
P/E
24.1x
Revenue (TTM)
$41.37B
Div. yield
–
Power Equipment Industrials
6 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
3 wins

Head to Head

10 decided of 12

GE Vernova leads on 6 of the 12 questions below (GE Vernova 6, Howmet Aerospace 3, Forgent Power Solutions 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGEVHWMFPSLeader
Larger companyMarket capitalisation $229.22B $77.71B $6.10B GEV
Cheaper on earningsLower P/E, profitable companies only 24.1x 41.6x 72.1x GEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 35.8x 17.4x FPS
Faster revenue growthRevenue growth, trailing twelve months +13.0% +18.1% — HWM
More profitableNet margin, trailing twelve months 23.0% 20.5% — GEV
Better return on capitalReturn on invested capital 10.7% 19.4% — HWM
Less leveragedLower net debt / EBITDA -3.4x 1.4x — GEV
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +36.9% -7.1% — GEV
Better 5-year returnAnnualised price return, 5 years — +43.6%/yr — –
Less volatileAnnualised volatility, 1 year 53.5% 34.9% 91.0% HWM
Higher overall scoreMean of the five percentile scores vs peers 83/100 74/100 — GEV

Percentile Scorecard

GEVHWMFPS

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

AxisGEVHWMFPS
Valuation 75 #16 of 61 39 #61 of 100 5 #192 of 203
Growth 98 #2 of 58 90 #11 of 97 –
Profitability 91 #6 of 55 98 #3 of 96 –
Financial Health 57 #31 of 71 50 #54 of 106 20 #178 of 222
Shareholder Returns 93 #3 of 31 92 #6 of 65 –
Overall 83 74 –
  • GEV ranked among 71 companies in Clean Energy Equipment
  • HWM ranked among 107 companies in Aerospace and Defense
  • FPS ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodGEVHWMFPSSPY
1 month -14.4%-18.7%-39.3% -1.0%
3 months -19.7%-35.8%-32.4% +2.9%
6 months -29.1%-23.3%-31.1% +6.4%
Year to date +24.6%-9.3%— +11.4%
1 year +36.9%-7.1%— +13.1%
3 years —+327.3%— +79.4%
3 years, per year —+62.3%— +21.5%
5 years —+510.2%— +67.7%
5 years, per year —+43.6%— +10.9%

Risk

MeasureGEVHWMFPSSPY
Volatility, 1Y 53.5%34.9%91.0% 12.7%
Downside volatility, 1Y 53.7%36.4%90.8% 12.7%
Beta vs S&P 500, 1Y 2.091.083.58 1.00
Return / volatility, 1Y 0.69-0.20— 1.03
Max drawdown, 5Y -38.3%-36.5%-62.5% -25.4%
From 52-week high -30.7%-36.5%-62.5% -2.5%
52-week high $1,174.86$292.71$64.59 $779.14
52-week low $547.96$185.88$24.22 $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.

MultipleGEVHWMFPS
P/E now vs peer median 22.9xmedian 24.1x 39.8xmedian 26.2x 72.1xmedian 25.9x
P/S now vs peer median 5.2xmedian 2.2x 8.2xmedian 2.9x 4.7xmedian 1.9x
EV/EBITDA now vs peer median 68.8xmedian 17.4x 28.0xmedian 14.7x —median 13.7x
P/FCF now vs peer median 17.4xmedian 27.4x 41.5xmedian 24.9x -974.4xmedian 21.1x
P/B now vs peer median 16.5xmedian 1.8x 13.0xmedian 2.4x 9.9xmedian 2.3x
PEG now vs peer median —median 0.76 0.73median 0.92 —median 1.19

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 monthsGEVHWMFPS
Revenue $41.37B $9.12B –
Gross profit $8.36B $3.29B –
Operating income $1.80B $2.50B –
Net income $9.54B $1.87B –
Free cash flow $12.44B $1.79B –
R&D $1.31B $37.00M –
EPS (diluted) $35.29 $4.65 –
Cash & equivalents $13.12B $563.00M $97.48M
Total debt – $20.67B $582.18M
Shares (diluted) 270.00M 402.00M 243.80M
Enterprise value $189.13B $73.31B $6.10B

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
MetricGEVHWMFPS
P/E 22.9x 39.8x 72.1x
P/FCF 17.4x 41.5x -974.4x
P/Operating cash flow 15.3x 33.5x –
P/S 5.2x 8.2x 4.7x
P/B 16.5x 13.0x 9.9x
P/Tangible book 25.2x 15.3x 17.4x
EV/EBITDA 68.8x 28.0x –
EV/EBIT 114.9x 31.4x –
EV/Revenue 5.0x 8.6x –
EV/FCF 16.6x 43.7x –
EV/Operating cash flow 14.6x 35.3x –
PEG (3Y EPS CAGR) – 0.73 –

Growth

14 metrics
MetricGEVHWMFPS
Revenue growth (1Y) 13.0% 18.1% –
Revenue CAGR (3Y) – 13.7% –
Gross profit growth (1Y) 27.7% 30.2% –
Gross profit CAGR (3Y) – 25.3% –
Operating income growth (1Y) 174.7% 32.6% –
Operating income CAGR (3Y) – 34.8% –
Net income growth (1Y) 719.9% 33.9% –
Net income CAGR (3Y) – 52.1% –
EPS growth (1Y) 742.6% 35.4% –
EPS CAGR (3Y) – 54.1% –
Operating cash flow growth (1Y) 295.4% 56.1% –
Operating cash flow CAGR (3Y) – 42.2% –
Free cash flow growth (1Y) 359.3% 75.9% –
Free cash flow CAGR (3Y) – 45.6% –

Profitability

14 metrics
MetricGEVHWMFPS
Gross margin 20.2% 36.0% –
EBITDA margin 7.3% 30.7% –
Operating margin 4.3% 27.4% –
Pretax margin 19.0% 25.0% –
Net margin 23.0% 20.5% –
FCF margin 30.1% 19.6% –
Operating cash flow margin 34.2% 24.4% –
Return on equity 67.6% 33.3% –
Return on assets 12.2% 14.2% –
Return on invested capital 10.7% 19.4% –
Return on capital employed 8.0% 23.0% –
Asset turnover 0.5x 0.7x –
Cash conversion (OCF / net income) 1.5x 1.2x –
Stock comp / revenue – 1.0% –

Financial Health

11 metrics
MetricGEVHWMFPS
Debt / assets 3.5% 34.0% 26.1%
Debt / equity 0.2x 0.8x 0.9x
Net debt / EBITDA -3.4x 1.4x –
Debt / FCF 0.2x 2.5x –
Liabilities / assets 83.8% 56.7% 69.9%
Equity / assets 16.2% 43.3% 30.1%
Interest coverage 9.5x – –
Current ratio 0.8x 1.8x 1.5x
Quick ratio 0.6x 0.7x 1.0x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 2.58 7.95 –

Shareholder Returns

7 metrics
MetricGEVHWMFPS
Dividend yield 0.2% 0.3% –
Net buyback yield 2.5% 1.3% –
Shareholder yield 2.7% 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.

ConsensusGEVHWMFPS
Forward P/E – 35.8xFY2026 17.4xFY2027
EPS, next fiscal year – $5.19FY2026 $1.39FY2027
EPS growth, next FY – +37.7%FY2026 +104.4%FY2027
EPS growth, the year after – +31.2% +54.0%
Revenue, next fiscal year – $10.37BFY2026 $2.41BFY2027
Revenue growth, next FY – +25.7%FY2026 +69.5%FY2027
Revenue growth, the year after – +15.9% +38.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGEVHWMFPS
Held by institutions 79.1% 91.0% 55.4%
Institutions holding 3,414 1,600 369
Change in shares held, QoQ +4.0% +0.7% +46.0%
Institutions buying 1,950 907 296
Institutions selling 982 484 63
Buyers to sellers 1.99 1.87 4.70

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.

GEVHWMFPS
GEV 1.00 0.33 0.63
HWM 0.33 1.00 0.34
FPS 0.63 0.34 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GEV, HWM and FPS?

GE Vernova (GEV) is the largest by market capitalisation: GE Vernova (GEV) $229.22B, Howmet Aerospace (HWM) $77.71B, Forgent Power Solutions (FPS) $6.10B.

Which stock is cheaper, GEV, HWM and FPS?

GE Vernova (GEV) trades on the lowest price-to-earnings ratio (GE Vernova (GEV) 24.1x, Howmet Aerospace (HWM) 41.6x, Forgent Power Solutions (FPS) 72.1x). On next year's consensus earnings, Forgent Power Solutions (FPS) is cheapest (Howmet Aerospace (HWM) 35.8x, Forgent Power Solutions (FPS) 17.4x). 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: GE Vernova (GEV) +13.0%, Howmet Aerospace (HWM) +18.1%.

Which company is more profitable?

GE Vernova (GEV) has the highest net margin (GE Vernova (GEV) 23.0%, Howmet Aerospace (HWM) 20.5%). On return on invested capital, Howmet Aerospace (HWM) leads (GE Vernova (GEV) 10.7%, Howmet Aerospace (HWM) 19.4%).

Which stock has performed better?

Over the past year GE Vernova (GEV) returned the most: GE Vernova (GEV) +36.9%, Howmet Aerospace (HWM) -7.1%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: GE Vernova (GEV) 0.00%, Howmet Aerospace (HWM) 0.00%, Forgent Power Solutions (FPS) 0.00%. GE Vernova (GEV) and Forgent Power Solutions (FPS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Howmet Aerospace (HWM) has been the steadiest (GE Vernova (GEV) 53.5%, Howmet Aerospace (HWM) 34.9%, Forgent Power Solutions (FPS) 91.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GEV, HWM and FPS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GE Vernova (GEV) leads on 6. 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.