HWM vs HON vs WWD Stock Comparison

Howmet Aerospace, Honeywell International and Woodward Prices as of Oct 28, 2026 Peers: Industry group
HWM Howmet Aerospace Inc.
$195.28 -14.5% 1M -2.9% 1Y
Market cap
$82.22B
P/E
44.0x
Revenue (TTM)
$9.12B
Div. yield
0.00%
Commercial Aerospace Industrials
5 wins
WWD Woodward, Inc.
$304.06 -6.7% 1M +15.8% 1Y
Market cap
$18.71B
P/E
33.9x
Revenue (TTM)
$4.19B
Div. yield
0.00%
Commercial Aerospace Industrials
4 wins

Head to Head

12 decided of 12

Howmet Aerospace leads on 5 of the 12 questions below (Howmet Aerospace 5, Woodward 4, Honeywell International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHWMHONWWDLeader
Larger companyMarket capitalisation $82.22B $70.39B $18.71B HWM
Cheaper on earningsLower P/E, profitable companies only 44.0x 10.0x 33.9x HON
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.6x 27.5x 31.3x HON
Faster revenue growthRevenue growth, trailing twelve months +18.1% — +22.3% WWD
More profitableNet margin, trailing twelve months 20.5% — 13.2% HWM
Better return on capitalReturn on invested capital 19.4% — 14.1% HWM
Less leveragedLower net debt / EBITDA 1.4x — 1.1x WWD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% WWD
Better 1-year returnPrice return, last 12 months -2.9% +8.5% +15.8% WWD
Better 5-year returnAnnualised price return, 5 years +45.8%/yr +1.3%/yr +21.9%/yr HWM
Less volatileAnnualised volatility, 1 year 35.2% 25.3% 38.3% HON
Higher overall scoreMean of the five percentile scores vs peers 73/100 66/100 72/100 HWM

Percentile Scorecard

HWMHONWWD

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

AxisHWMHONWWD
Valuation 40 #60 of 100 70 #31 of 100 49 #52 of 100
Growth 91 #10 of 97 23 #75 of 97 89 #12 of 97
Profitability 98 #3 of 96 70 #30 of 96 87 #13 of 96
Financial Health 49 #54 of 105 – 56 #47 of 105
Shareholder Returns 86 #10 of 65 100 #1 of 65 81 #13 of 65
Overall 73 66 72
  • HWM ranked among 107 companies in Aerospace and Defense
  • HON ranked among 107 companies in Aerospace and Defense
  • WWD 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

PeriodHWMHONWWDSPY
1 month -14.5%+3.7%-6.7% +0.9%
3 months -28.4%-9.1%-21.1% +5.9%
6 months -17.4%+4.3%-15.8% +8.5%
Year to date -4.8%+12.4%+0.6% +13.3%
1 year -2.9%+8.5%+15.8% +12.4%
3 years +353.2%+31.4%+154.5% +88.1%
3 years, per year +65.5%+9.5%+36.6% +23.5%
5 years +557.7%+6.4%+169.2% +68.2%
5 years, per year +45.8%+1.3%+21.9% +11.0%
10 years —+121.0%+419.4% +263.4%
10 years, per year —+8.3%+17.9% +13.8%

Risk

MeasureHWMHONWWDSPY
Volatility, 1Y 35.2%25.3%38.3% 12.7%
Downside volatility, 1Y 36.5%24.2%34.1% 12.7%
Beta vs S&P 500, 1Y 1.100.761.28 1.00
Return / volatility, 1Y -0.080.340.41 0.98
Max drawdown, 5Y -36.5%-26.7%-37.5% -25.4%
From 52-week high -33.3%-11.9%-30.3% -0.9%
52-week high $292.71$248.79$436.44 $779.14
52-week low $185.88$188.14$257.64 $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.

MultipleHWMHONWWD
P/E now vs peer median 41.8xmedian 26.4x 9.9xmedian 26.4x 32.7xmedian 26.4x
P/S now vs peer median 8.6xmedian 3.0x 1.7xmedian 3.0x 4.3xmedian 3.0x
EV/EBITDA now vs peer median 29.3xmedian 14.5x —median 14.5x 24.3xmedian 14.5x
P/FCF now vs peer median 43.6xmedian 26.1x 16.6xmedian 26.1x 47.7xmedian 26.1x
P/B now vs peer median 13.6xmedian 2.5x 3.1xmedian 2.5x 7.3xmedian 2.5x
PEG now vs peer median 0.77median 0.90 0.91median 0.90 0.82median 0.90

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 monthsHWMHONWWD
Revenue $9.12B – $4.19B
Gross profit $3.29B – $1.24B
Operating income $2.50B – $655.75M
Net income $1.87B $7.07B $552.03M
Free cash flow $1.79B – $376.53M
R&D $37.00M – $172.23M
EPS (diluted) $4.65 $22.13 $9.05
Cash & equivalents $563.00M $5.69B $474.85M
Total debt $4.50B – $1.34B
Shares (diluted) 402.00M 318.60M 61.02M
Enterprise value $77.82B $70.39B $16.95B

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
MetricHWMHONWWD
P/E 41.8x 9.9x 32.7x
P/FCF 43.6x 16.6x 47.7x
P/Operating cash flow 35.2x 35.7x 30.7x
P/S 8.6x 1.7x 4.3x
P/B 13.6x 3.1x 7.3x
P/Tangible book 16.1x 4.0x 8.9x
EV/EBITDA 29.3x – 24.3x
EV/EBIT 32.9x – 28.7x
EV/Revenue 9.0x – 4.5x
EV/FCF 45.8x – 50.0x
EV/Operating cash flow 36.9x 35.7x 32.2x
PEG (3Y EPS CAGR) 0.77 0.91 0.82

Growth

14 metrics
MetricHWMHONWWD
Revenue growth (1Y) 18.1% – 22.3%
Revenue CAGR (3Y) 13.7% – 14.7%
Gross profit growth (1Y) 30.2% – 39.3%
Gross profit CAGR (3Y) 25.3% – 25.5%
Operating income growth (1Y) 32.6% – 54.9%
Operating income CAGR (3Y) 34.8% – 40.8%
Net income growth (1Y) 33.9% 15.0% 42.4%
Net income CAGR (3Y) 52.1% 9.1% 39.4%
EPS growth (1Y) 35.4% 15.3% 43.5%
EPS CAGR (3Y) 54.1% 10.9% 39.8%
Operating cash flow growth (1Y) 56.1% -74.0% 54.1%
Operating cash flow CAGR (3Y) 42.2% -25.7% 30.5%
Free cash flow growth (1Y) 75.9% – 35.9%
Free cash flow CAGR (3Y) 45.6% – 25.5%

Profitability

14 metrics
MetricHWMHONWWD
Gross margin 36.0% – 29.5%
EBITDA margin 30.7% – 18.5%
Operating margin 27.4% – 15.6%
Pretax margin 25.0% – 16.5%
Net margin 20.5% – 13.2%
FCF margin 19.6% – 9.0%
Operating cash flow margin 24.4% – 14.0%
Return on equity 33.3% 33.9% 22.1%
Return on assets 14.2% 10.8% 10.9%
Return on invested capital 19.4% – 14.1%
Return on capital employed 23.0% – 17.9%
Asset turnover 0.7x – 0.8x
Cash conversion (OCF / net income) 1.2x 0.3x 1.1x
Stock comp / revenue 1.0% – 1.2%

Financial Health

11 metrics
MetricHWMHONWWD
Debt / assets 34.0% – 25.8%
Debt / equity 0.8x – 0.5x
Net debt / EBITDA 1.4x – 1.1x
Debt / FCF 2.5x – 3.6x
Liabilities / assets 56.7% – 52.4%
Equity / assets 43.3% 42.7% 47.6%
Interest coverage – – 13.8x
Current ratio 1.8x 1.0x 1.6x
Quick ratio 0.7x – 1.3x
Cash ratio 0.2x – 0.3x
Altman Z-score 8.25 – 6.46

Shareholder Returns

7 metrics
MetricHWMHONWWD
Dividend yield 0.3% 3.6% 0.4%
Net buyback yield 1.3% – 3.0%
Shareholder yield 1.5% 3.6% 3.4%
Payout ratio (earnings) 10.4% – 13.0%
Payout ratio (FCF) 10.9% – 19.0%
Dividend growth (1Y) 30.0% – 13.7%
Dividend CAGR (3Y) 47.3% – 13.4%

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.

ConsensusHWMHONWWD
Forward P/E 37.6xFY2026 27.5xFY2026 31.3xFY2026
EPS, next fiscal year $5.19FY2026 $7.97FY2026 $9.72FY2026
EPS growth, next FY +37.7%FY2026 -22.2%FY2026 +41.1%FY2026
EPS growth, the year after +31.2% +19.4% +15.8%
Revenue, next fiscal year $10.37BFY2026 $20.59BFY2026 $4.04BFY2026
Revenue growth, next FY +25.7%FY2026 -45.0%FY2026 +13.3%FY2026
Revenue growth, the year after +15.9% +3.9% +13.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHWMHONWWD
Held by institutions 91.0% 76.8% 90.3%
Institutions holding 1,600 2,170 758
Change in shares held, QoQ +0.7% -0.9% +3.3%
Institutions buying 907 2,109 386
Institutions selling 484 53 256
Buyers to sellers 1.87 39.79 1.51

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.

HWMHONWWD
HWM 1.00 0.33 0.56
HON 0.33 1.00 0.38
WWD 0.56 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HWM, HON and WWD?

Howmet Aerospace (HWM) is the largest by market capitalisation: Howmet Aerospace (HWM) $82.22B, Honeywell International (HON) $70.39B, Woodward (WWD) $18.71B.

Which stock is cheaper, HWM, HON and WWD?

Honeywell International (HON) trades on the lowest price-to-earnings ratio (Howmet Aerospace (HWM) 44.0x, Honeywell International (HON) 10.0x, Woodward (WWD) 33.9x). On next year's consensus earnings, Honeywell International (HON) is cheapest (Howmet Aerospace (HWM) 37.6x, Honeywell International (HON) 27.5x, Woodward (WWD) 31.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Woodward (WWD) grew revenue fastest over the trailing twelve months: Howmet Aerospace (HWM) +18.1%, Woodward (WWD) +22.3%.

Which company is more profitable?

Howmet Aerospace (HWM) has the highest net margin (Howmet Aerospace (HWM) 20.5%, Woodward (WWD) 13.2%). On return on invested capital, Howmet Aerospace (HWM) leads (Howmet Aerospace (HWM) 19.4%, Woodward (WWD) 14.1%).

Which stock has performed better?

Over the past year Woodward (WWD) returned the most: Howmet Aerospace (HWM) -2.9%, Honeywell International (HON) +8.5%, Woodward (WWD) +15.8%. Over five years, Howmet Aerospace (HWM) compounded fastest (Howmet Aerospace (HWM) +45.8%/yr, Honeywell International (HON) +1.3%/yr, Woodward (WWD) +21.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Woodward (WWD) has the highest dividend yield: Howmet Aerospace (HWM) 0.00%, Honeywell International (HON) 0.00%, Woodward (WWD) 0.00%. Honeywell International (HON) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Honeywell International (HON) has been the steadiest (Howmet Aerospace (HWM) 35.2%, Honeywell International (HON) 25.3%, Woodward (WWD) 38.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HWM, HON and WWD?

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 5. 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.