HYLN vs HWM vs FPS Stock Comparison

Hyliion Holdings, Howmet Aerospace and Forgent Power Solutions Prices as of Oct 29, 2026 Peers: Industry group
HYLN Hyliion Holdings Corp.
$3.42 -14.7% 1M +50.7% 1Y
Market cap
$574.05M
P/E
–
Revenue (TTM)
$9.25M
Div. yield
–
Power Equipment Industrials
2 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
6 wins

Head to Head

9 decided of 12

Howmet Aerospace leads on 6 of the 12 questions below (Howmet Aerospace 6, Hyliion Holdings 2, Forgent Power Solutions 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHYLNHWMFPSLeader
Larger companyMarket capitalisation $574.05M $79.38B $6.24B HWM
Cheaper on earningsLower P/E, profitable companies only -11.0x 38.7x 84.3x HWM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 39.6x 20.4x FPS
Faster revenue growthRevenue growth, trailing twelve months +163.2% +22.0% — HYLN
More profitableNet margin, trailing twelve months -564.3% 21.1% — HWM
Better return on capitalReturn on invested capital — 21.5% — –
Less leveragedLower net debt / EBITDA — 1.4x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +50.7% +1.1% — HYLN
Better 5-year returnAnnualised price return, 5 years -15.8%/yr +47.3%/yr — HWM
Less volatileAnnualised volatility, 1 year 98.6% 35.5% 91.1% HWM
Higher overall scoreMean of the five percentile scores vs peers 57/100 73/100 — HWM

Percentile Scorecard

HYLNHWMFPS

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

AxisHYLNHWMFPS
Valuation 33 #42 of 62 40 #60 of 100 5 #193 of 203
Growth 90 #7 of 59 90 #11 of 96 –
Profitability 13 #48 of 55 99 #2 of 95 –
Financial Health 93 #6 of 72 47 #56 of 105 20 #174 of 216
Shareholder Returns – 88 #9 of 65 –
Overall 57 73 –
  • HYLN ranked among 72 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

PeriodHYLNHWMFPSSPY
1 month -14.7%-10.9%-23.8% +0.7%
3 months -5.0%-25.8%-14.9% +3.7%
6 months +79.1%-15.4%-24.7% +7.1%
Year to date +85.9%+0.3%— +12.8%
1 year +50.7%+1.1%— +11.9%
3 years +478.0%+371.8%— +85.2%
3 years, per year +79.5%+67.8%— +22.8%
5 years -57.7%+592.9%— +67.6%
5 years, per year -15.8%+47.3%— +10.9%

Risk

MeasureHYLNHWMFPSSPY
Volatility, 1Y 98.6%35.5%91.1% 12.7%
Downside volatility, 1Y 92.9%36.5%90.5% 12.6%
Beta vs S&P 500, 1Y 3.171.093.63 1.00
Return / volatility, 1Y 0.510.03— 0.94
Max drawdown, 5Y -94.0%-36.5%-62.5% -25.4%
From 52-week high -57.8%-29.7%-56.1% -1.2%
52-week high $8.10$292.71$64.59 $779.14
52-week low $1.58$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.

MultipleHYLNHWMFPS
P/E now vs peer median -11.7xmedian 26.6x 39.9xmedian 26.9x 84.3xmedian 25.8x
P/S now vs peer median 66.1xmedian 2.6x 8.4xmedian 3.0x 5.5xmedian 1.9x
EV/EBITDA now vs peer median -10.7xmedian 18.9x 28.2xmedian 15.0x —median 14.6x
P/FCF now vs peer median -10.8xmedian 30.1x 42.4xmedian 27.2x -1,140xmedian 22.2x
P/B now vs peer median 3.6xmedian 1.9x 14.2xmedian 2.5x 11.6xmedian 2.2x
PEG now vs peer median -0.38median 0.97 0.81median 0.93 —median 1.45

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 monthsHYLNHWMFPS
Revenue $9.25M $9.73B –
Gross profit $603.00K $3.56B –
Operating income -$58.73M $2.73B –
Net income -$52.19M $2.05B –
Free cash flow -$56.62M $1.93B –
R&D $37.27M $38.00M –
EPS (diluted) $-0.29 $5.13 –
Cash & equivalents $13.20M $507.00M $97.48M
Total debt – $4.83B $582.18M
Shares (diluted) 178.44M 400.00M 243.80M
Enterprise value $239.94M $75.14B $6.24B

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
MetricHYLNHWMFPS
P/E -11.7x 39.9x 84.3x
P/FCF -10.8x 42.4x -1,140x
P/Operating cash flow -14.4x 34.1x –
P/S 66.1x 8.4x 5.5x
P/B 3.6x 14.2x 11.6x
P/Tangible book 3.6x 16.7x 20.4x
EV/EBITDA -10.7x 28.2x –
EV/EBIT -9.3x 31.6x –
EV/Revenue 59.1x 8.9x –
EV/FCF -9.7x 44.7x –
EV/Operating cash flow -12.9x 35.9x –
PEG (3Y EPS CAGR) -0.38 0.81 –

Growth

14 metrics
MetricHYLNHWMFPS
Revenue growth (1Y) 163.2% 22.0% –
Revenue CAGR (3Y) 62.1% 14.9% –
Gross profit growth (1Y) 154.4% 33.7% –
Gross profit CAGR (3Y) 29.7% 26.3% –
Operating income growth (1Y) 11.9% 36.4% –
Operating income CAGR (3Y) 29.6% 35.5% –
Net income growth (1Y) 7.3% 41.6% –
Net income CAGR (3Y) 30.7% 47.5% –
EPS growth (1Y) 8.9% 43.6% –
EPS CAGR (3Y) 30.4% 49.5% –
Operating cash flow growth (1Y) 10.5% 40.3% –
Operating cash flow CAGR (3Y) 30.3% 38.8% –
Free cash flow growth (1Y) 16.0% 50.9% –
Free cash flow CAGR (3Y) 24.4% 41.0% –

Profitability

14 metrics
MetricHYLNHWMFPS
Gross margin 6.5% 36.6% –
EBITDA margin -551.3% 31.4% –
Operating margin -635.2% 28.1% –
Pretax margin -564.5% 25.8% –
Net margin -564.3% 21.1% –
FCF margin -612.3% 19.8% –
Operating cash flow margin -458.2% 24.7% –
Return on equity -29.7% 35.7% –
Return on assets -28.2% 15.5% –
Return on invested capital – 21.5% –
Return on capital employed -33.4% 24.7% –
Asset turnover 0.0x 0.7x –
Cash conversion (OCF / net income) 0.8x 1.2x –
Stock comp / revenue 64.8% 1.0% –

Financial Health

11 metrics
MetricHYLNHWMFPS
Debt / assets – 36.4% 26.1%
Debt / equity – 0.8x 0.9x
Net debt / EBITDA – 1.4x –
Debt / FCF – 2.5x –
Liabilities / assets 5.6% 56.6% 69.9%
Equity / assets 94.4% 43.4% 30.1%
Interest coverage – – –
Current ratio 7.6x 1.9x 1.5x
Quick ratio 7.1x 0.7x 1.0x
Cash ratio 6.8x 0.2x 0.2x
Altman Z-score 34.04 8.71 –

Shareholder Returns

7 metrics
MetricHYLNHWMFPS
Dividend yield – 0.2% –
Net buyback yield – 1.6% –
Shareholder yield – 1.8% –
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.

ConsensusHYLNHWMFPS
Forward P/E – 39.6xFY2026 20.4xFY2027
EPS, next fiscal year $-0.32FY2026 $5.19FY2026 $1.39FY2027
EPS growth, next FY – +37.7%FY2026 +104.4%FY2027
EPS growth, the year after – +31.2% +53.2%
Revenue, next fiscal year $14.80MFY2026 $10.37BFY2026 $2.41BFY2027
Revenue growth, next FY +325.2%FY2026 +25.7%FY2026 +69.5%FY2027
Revenue growth, the year after +127.8% +15.9% +38.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHYLNHWMFPS
Held by institutions 33.4% 91.0% 64.9%
Institutions holding 168 1,601 370
Change in shares held, QoQ +19.5% +0.7% +46.0%
Institutions buying 106 908 297
Institutions selling 38 484 63
Buyers to sellers 2.79 1.88 4.71

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.

HYLNHWMFPS
HYLN 1.00 0.16 0.37
HWM 0.16 1.00 0.33
FPS 0.37 0.33 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HYLN, HWM and FPS?

Howmet Aerospace (HWM) is the largest by market capitalisation: Hyliion Holdings (HYLN) $574.05M, Howmet Aerospace (HWM) $79.38B, Forgent Power Solutions (FPS) $6.24B.

Which stock is cheaper, HYLN, HWM and FPS?

Howmet Aerospace (HWM) trades on the lowest price-to-earnings ratio (Hyliion Holdings (HYLN) -11.0x, Howmet Aerospace (HWM) 38.7x, Forgent Power Solutions (FPS) 84.3x). On next year's consensus earnings, Forgent Power Solutions (FPS) is cheapest (Howmet Aerospace (HWM) 39.6x, Forgent Power Solutions (FPS) 20.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hyliion Holdings (HYLN) grew revenue fastest over the trailing twelve months: Hyliion Holdings (HYLN) +163.2%, Howmet Aerospace (HWM) +22.0%.

Which company is more profitable?

Howmet Aerospace (HWM) has the highest net margin (Hyliion Holdings (HYLN) -564.3%, Howmet Aerospace (HWM) 21.1%).

Which stock has performed better?

Over the past year Hyliion Holdings (HYLN) returned the most: Hyliion Holdings (HYLN) +50.7%, Howmet Aerospace (HWM) +1.1%. Over five years, Howmet Aerospace (HWM) compounded fastest (Hyliion Holdings (HYLN) -15.8%/yr, Howmet Aerospace (HWM) +47.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hyliion Holdings (HYLN) 0.00%, Howmet Aerospace (HWM) 0.00%, Forgent Power Solutions (FPS) 0.00%. Hyliion Holdings (HYLN) 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 (Hyliion Holdings (HYLN) 98.6%, Howmet Aerospace (HWM) 35.5%, Forgent Power Solutions (FPS) 91.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HYLN, 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, Howmet Aerospace (HWM) 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.