Howmet Aerospace (HWM) Shares Outstanding (Diluted) (2009 - 2026)
Howmet Aerospace (HWM) reported Weighted Average Shares Outstanding (Diluted) of 400 million for Q3 2026, down 1.2% from 405 million a year earlier and down 0.5% from the prior quarter.
Howmet Aerospace (HWM) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Howmet Aerospace posted Weighted Average Shares Outstanding (Diluted) of 406 million, down 1.0% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined for seven consecutive years, with a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 410 million in FY2024 (-1.4%), 416 million in FY2023 (-1.2%), 421 million in FY2022 (-3.2%) and 435 million in FY2021 (-0.9%).
- The Q3 2026 figure ranks as the lowest quarterly Weighted Average Shares Outstanding (Diluted) since Q4 2014.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last 21 quarters, with an average decline of 1.2% over the last eight quarters.
- Over the past five years, the year-over-year decline in Weighted Average Shares Outstanding (Diluted) ranged from 0.9% (Q4 2021) to 3.4% (Q2 2022).
- Per Business Quant data, the three quarters before Q3 2026 came in at 402 million (Q2 2026), 403 million (Q1 2026) and 406 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,888.97 Bn | 1,650.69 Bn | 9.10 Bn | 12.48 Bn |
| 2 | General Electric | 342.82 Bn | 301.57 Bn | 5.02 Bn | 1.04 Bn |
| 3 | Rtx | 267.90 Bn | 237.89 Bn | 5.81 Bn | 1.37 Bn |
| 4 | Lockheed Martin | 137.70 Bn | 121.94 Bn | 2.44 Bn | 231.50 Mn |
| 5 | Boeing | 135.95 Bn | 44.93 Bn | 2.17 Bn | 792.90 Mn |
| 6 | General Dynamics | 98.18 Bn | 83.41 Bn | 2.25 Bn | 273.78 Mn |
| 7 | Motorola Solutions | 87.93 Bn | 84.41 Bn | 1.77 Bn | 167.40 Mn |
| 8 | Howmet Aerospace | 87.90 Bn | 83.65 Bn | 1.00 Bn | 400.00 Mn |
| 9 | Northrop Grumman | 78.19 Bn | 65.65 Bn | 2.35 Bn | 142.40 Mn |
| 10 | Honeywell International | 70.61 Bn | 30.36 Bn | 2.02 Bn | 319.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 400.00 Mn |
| Jun 30, 2026 | 402.00 Mn |
| Mar 31, 2026 | 403.00 Mn |
| Dec 31, 2025 | 406.00 Mn |
| Sep 30, 2025 | 405.00 Mn |
| Jun 30, 2025 | 406.00 Mn |
| Mar 31, 2025 | 407.00 Mn |
| Dec 31, 2024 | 410.00 Mn |
| Sep 30, 2024 | 410.00 Mn |
| Jun 30, 2024 | 411.00 Mn |
| Mar 31, 2024 | 412.00 Mn |
| Dec 31, 2023 | 416.00 Mn |
| Sep 30, 2023 | 415.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 418.00 Mn |
| Dec 31, 2022 | 421.00 Mn |
| Sep 30, 2022 | 420.00 Mn |
| Jun 30, 2022 | 422.00 Mn |
| Mar 31, 2022 | 425.00 Mn |
| Dec 31, 2021 | 435.00 Mn |
Howmet Aerospace Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=HWM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "HWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();