HWM vs TDG vs BA Stock Comparison

Howmet Aerospace, TransDigm and Boeing Prices as of Oct 29, 2026 Peers: Industry group
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
TDG TransDigm Group INC
$1,176.47 +7.0% 1M -10.6% 1Y
Market cap
$65.91B
P/E
34.5x
Revenue (TTM)
$10.01B
Div. yield
–
Commercial Aerospace Industrials
2 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
2 wins

Head to Head

11 decided of 12

Howmet Aerospace leads on 7 of the 12 questions below (Howmet Aerospace 7, Boeing 2, TransDigm 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHWMTDGBALeader
Larger companyMarket capitalisation $79.38B $65.91B $135.84B BA
Cheaper on earningsLower P/E, profitable companies only 38.7x 34.5x 18.6x BA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.6x 26.7x — TDG
Faster revenue growthRevenue growth, trailing twelve months +22.0% +16.6% +17.5% HWM
More profitableNet margin, trailing twelve months 21.1% 19.1% 7.7% HWM
Better return on capitalReturn on invested capital 21.5% 15.5% 18.2% HWM
Less leveragedLower net debt / EBITDA 1.4x 6.1x 2.1x HWM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +1.1% -10.6% -19.1% HWM
Better 5-year returnAnnualised price return, 5 years +47.3%/yr +13.5%/yr -3.6%/yr HWM
Less volatileAnnualised volatility, 1 year 35.5% 27.3% 36.1% TDG
Higher overall scoreMean of the five percentile scores vs peers 73/100 65/100 56/100 HWM

Percentile Scorecard

HWMTDGBA

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

AxisHWMTDGBA
Valuation 40 #60 of 100 53 #48 of 100 64 #37 of 100
Growth 90 #11 of 96 65 #34 of 96 83 #17 of 96
Profitability 99 #2 of 95 95 #6 of 95 64 #35 of 95
Financial Health 47 #56 of 105 17 #87 of 105 12 #93 of 105
Shareholder Returns 88 #9 of 65 95 #4 of 65 –
Overall 73 65 56
  • HWM ranked among 107 companies in Aerospace and Defense
  • TDG 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

PeriodHWMTDGBASPY
1 month -10.9%+7.0%-8.0% +0.7%
3 months -25.8%-5.9%-21.8% +3.7%
6 months -15.4%+1.4%-24.6% +7.1%
Year to date +0.3%-11.5%-20.4% +12.8%
1 year +1.1%-10.6%-19.1% +11.9%
3 years +371.8%+43.5%-5.3% +85.2%
3 years, per year +67.8%+12.8%-1.8% +22.8%
5 years +592.9%+88.6%-16.6% +67.6%
5 years, per year +47.3%+13.5%-3.6% +10.9%
10 years —+333.1%+20.8% +262.0%
10 years, per year —+15.8%+1.9% +13.7%

Risk

MeasureHWMTDGBASPY
Volatility, 1Y 35.5%27.3%36.1% 12.7%
Downside volatility, 1Y 36.5%29.1%36.0% 12.6%
Beta vs S&P 500, 1Y 1.090.741.17 1.00
Return / volatility, 1Y 0.03-0.39-0.53 0.94
Max drawdown, 5Y -36.5%-33.6%-50.3% -25.4%
From 52-week high -29.7%-18.9%-31.5% -1.2%
52-week high $292.71$1,450.00$252.15 $779.14
52-week low $185.88$1,076.01$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.

MultipleHWMTDGBA
P/E now vs peer median 39.9xmedian 26.9x 35.3xmedian 26.9x 18.7xmedian 26.9x
P/S now vs peer median 8.4xmedian 3.0x 6.5xmedian 3.0x 1.4xmedian 3.0x
EV/EBITDA now vs peer median 28.2xmedian 15.0x 18.9xmedian 15.0x 13.5xmedian 15.0x
P/FCF now vs peer median 42.4xmedian 27.2x 33.7xmedian 27.2x 8,554xmedian 27.2x
P/B now vs peer median 14.2xmedian 2.5x -6.6xmedian 2.5x 20.9xmedian 2.5x
PEG now vs peer median 0.81median 0.93 1.67median 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 monthsHWMTDGBA
Revenue $9.73B $10.01B $94.91B
Gross profit $3.56B $5.96B $8.94B
Operating income $2.73B $4.61B $9.74B
Net income $2.05B $2.13B $7.66B
Free cash flow $1.93B $1.93B $16.00M
R&D $38.00M – $3.62B
EPS (diluted) $5.13 $33.29 $9.22
Cash & equivalents $507.00M $2.77B $9.50B
Total debt $4.83B $33.49B $45.92B
Shares (diluted) 400.00M 57.40M 792.90M
Enterprise value $75.14B $53.91B $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
MetricHWMTDGBA
P/E 39.9x 35.3x 18.7x
P/FCF 42.4x 33.7x 8,554x
P/Operating cash flow 34.1x 29.6x 34.1x
P/S 8.4x 6.5x 1.4x
P/B 14.2x -6.6x 20.9x
P/Tangible book 16.7x -4.5x 25.9x
EV/EBITDA 28.2x 18.9x 13.5x
EV/EBIT 31.6x 20.8x 16.6x
EV/Revenue 8.9x 9.6x 1.7x
EV/FCF 44.7x 49.7x 10,130x
EV/Operating cash flow 35.9x 43.6x 40.4x
PEG (3Y EPS CAGR) 0.81 1.67 0.32

Growth

14 metrics
MetricHWMTDGBA
Revenue growth (1Y) 22.0% 16.6% 17.5%
Revenue CAGR (3Y) 14.9% 17.0% 7.8%
Gross profit growth (1Y) 33.7% 16.9% 906.6%
Gross profit CAGR (3Y) 26.3% 17.9% 9.1%
Operating income growth (1Y) 36.4% 16.7% 217.8%
Operating income CAGR (3Y) 35.5% 19.4% 107.6%
Net income growth (1Y) 41.6% 10.2% 177.7%
Net income CAGR (3Y) 47.5% 22.8% 67.1%
EPS growth (1Y) 43.6% 10.5% 168.9%
EPS CAGR (3Y) 49.5% 21.1% 58.4%
Operating cash flow growth (1Y) 40.3% 4.5% 208.0%
Operating cash flow CAGR (3Y) 38.8% 22.8% -12.7%
Free cash flow growth (1Y) 50.9% 1.1% 100.3%
Free cash flow CAGR (3Y) 41.0% 22.4% -84.9%

Profitability

14 metrics
MetricHWMTDGBA
Gross margin 36.6% 59.6% 9.4%
EBITDA margin 31.4% 50.7% 12.7%
Operating margin 28.1% 46.0% 10.3%
Pretax margin 25.8% 27.4% 8.3%
Net margin 21.1% 19.1% 7.7%
FCF margin 19.8% 19.3% 0.0%
Operating cash flow margin 24.7% 22.0% 4.2%
Return on equity 35.7% – 121.0%
Return on assets 15.5% 8.2% 4.6%
Return on invested capital 21.5% 15.5% 18.2%
Return on capital employed 24.7% 19.6% 17.9%
Asset turnover 0.7x 0.4x 0.6x
Cash conversion (OCF / net income) 1.2x 1.0x 0.5x
Stock comp / revenue 1.0% 1.5% 0.5%

Financial Health

11 metrics
MetricHWMTDGBA
Debt / assets 36.4% 125.2% 26.9%
Debt / equity 0.8x -3.4x 7.0x
Net debt / EBITDA 1.4x 6.1x 2.1x
Debt / FCF 2.5x 17.4x 2,870x
Liabilities / assets 56.6% 136.7% 96.2%
Equity / assets 43.4% -36.7% 3.8%
Interest coverage – 2.5x 4.0x
Current ratio 1.9x 3.0x 1.1x
Quick ratio 0.7x 1.9x 0.3x
Cash ratio 0.2x 1.1x 0.2x
Altman Z-score 8.71 1.77 1.49

Shareholder Returns

7 metrics
MetricHWMTDGBA
Dividend yield 0.2% – –
Net buyback yield 1.6% 2.6% –
Shareholder yield 1.8% 2.6% 0.0%
Payout ratio (earnings) 9.9% – –
Payout ratio (FCF) 10.5% – –
Dividend growth (1Y) 23.8% – –
Dividend CAGR (3Y) 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.

ConsensusHWMTDGBA
Forward P/E 39.6xFY2026 26.7xFY2026 –
EPS, next fiscal year $5.19FY2026 $44.01FY2026 $-0.99FY2026
EPS growth, next FY +37.7%FY2026 +17.9%FY2026 -183.2%FY2026
EPS growth, the year after +31.2% +7.9% –
Revenue, next fiscal year $10.37BFY2026 $10.01BFY2026 $91.05BFY2026
Revenue growth, next FY +25.7%FY2026 +13.4%FY2026 +1.8%FY2026
Revenue growth, the year after +15.9% +24.4% +18.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHWMTDGBA
Held by institutions 91.0% 93.2% 75.6%
Institutions holding 1,601 1,141 2,628
Change in shares held, QoQ +0.7% +1.2% +2.3%
Institutions buying 908 585 1,328
Institutions selling 484 367 844
Buyers to sellers 1.88 1.59 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.

HWMTDGBA
HWM 1.00 0.39 0.40
TDG 0.39 1.00 0.36
BA 0.40 0.36 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HWM, TDG and BA?

Boeing (BA) is the largest by market capitalisation: Howmet Aerospace (HWM) $79.38B, TransDigm (TDG) $65.91B, Boeing (BA) $135.84B.

Which stock is cheaper, HWM, TDG and BA?

Boeing (BA) trades on the lowest price-to-earnings ratio (Howmet Aerospace (HWM) 38.7x, TransDigm (TDG) 34.5x, Boeing (BA) 18.6x). On next year's consensus earnings, TransDigm (TDG) is cheapest (Howmet Aerospace (HWM) 39.6x, TransDigm (TDG) 26.7x). 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: Howmet Aerospace (HWM) +22.0%, TransDigm (TDG) +16.6%, Boeing (BA) +17.5%.

Which company is more profitable?

Howmet Aerospace (HWM) has the highest net margin (Howmet Aerospace (HWM) 21.1%, TransDigm (TDG) 19.1%, Boeing (BA) 7.7%). On return on invested capital, Howmet Aerospace (HWM) leads (Howmet Aerospace (HWM) 21.5%, TransDigm (TDG) 15.5%, Boeing (BA) 18.2%).

Which stock has performed better?

Over the past year Howmet Aerospace (HWM) returned the most: Howmet Aerospace (HWM) +1.1%, TransDigm (TDG) -10.6%, Boeing (BA) -19.1%. Over five years, Howmet Aerospace (HWM) compounded fastest (Howmet Aerospace (HWM) +47.3%/yr, TransDigm (TDG) +13.5%/yr, Boeing (BA) -3.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, TransDigm (TDG) has been the steadiest (Howmet Aerospace (HWM) 35.5%, TransDigm (TDG) 27.3%, Boeing (BA) 36.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HWM, TDG 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.