BA vs. HWM: Boeing vs. Howmet Aerospace Stock Comparison

November 11, 2026

How do Boeing (BA) and Howmet Aerospace (HWM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Boeing (BA) and Howmet Aerospace (HWM) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.

Company profile comparison for Boeing (BA) and Howmet Aerospace (HWM)
Profile Item	BA	HWM
Name	The Boeing Company	Howmet Aerospace Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Aerospace & Defense
GICS Sub-Industry	Aerospace & Defense	Aerospace & Defense
Market Capitalization	137.41 billion USD	81.84 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	November 1, 2016
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HWM

GSPC

Boeing (BA) vs. Howmet Aerospace (HWM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Boeing (BA) and Howmet Aerospace (HWM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Boeing (BA) and Howmet Aerospace (HWM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Total Return (1Y)	-10.22%	5.06%
Total Return (3Y, Annualized)	-3.32%	64.83%
Total Return (5Y, Annualized)	-4.57%	46.04%

Risk Profile

Drawdown History

HWM

GSPC

Boeing (BA) vs. Howmet Aerospace (HWM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Boeing (BA) and Howmet Aerospace (HWM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Volatility (1Y, Annualized)	35.25%	37.60%
Beta (5Y)	1.31	1.27
Max Drawdown (5Y)	-50.29%	-36.47%
Avg. Volume (3M)	7.77M	3.47M

Risk-Adjusted Performance

Risk-Return Positioning

BA and HWM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Sharpe Ratio (1Y)	-0.41	0.02
Sortino Ratio (1Y)	-0.60	0.03

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Howmet Aerospace (HWM) earns 37.65% on shareholders’ equity, ranked against its industry; Boeing (BA) has no ROE this period.

BA

Capital Goods industry group

Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%
BA: --

HWM

Capital Goods industry group

37.65%

Max: 40.55%
HWM: 37.65%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Boeing (BA) vs. Howmet Aerospace (HWM): BA does not report ROE, so it has no value marker; HWM is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Howmet Aerospace (HWM) at 21.10% retains a top-quartile share of revenue as profit, ahead of Boeing (BA) at 8.07%, which keeps about the industry-typical share.

BA

Capital Goods industry group

8.07%

Max: 27.47%
Q3: 12.10%
BA: 8.07%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

HWM

Capital Goods industry group

21.10%

Max: 27.47%
HWM: 21.10%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Howmet Aerospace (HWM) at 28.78% carries a top-quartile operating margin, while Boeing (BA) at 0.30% operates in the bottom quartile.

BA

Capital Goods industry group

0.30%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
BA: 0.30%
Min: -12.63%

HWM

Capital Goods industry group

28.78%

Max: 36.60%
HWM: 28.78%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
ROE (TTM)	--	37.65%
ROA (TTM)	-0.11%	13.97%
Net Margin (TTM)	8.07%	21.10%
Operating Margin (TTM)	0.30%	28.78%
Gross Margin (TTM)	9.45%	36.63%

Growth

Revenue Growth

Boeing (BA) at 34.50% sits in the top revenue growth quartile, while Howmet Aerospace (HWM) at 11.06% is closer to the peer norm — faster top-line expansion for BA.

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Howmet Aerospace (HWM) reports EPS growth of 32.03%, ranked against its industry; Boeing (BA) has no EPS growth figure this period.

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Revenue Growth (YoY)	34.50%	11.06%
Revenue Growth (3Y CAGR)	10.33%	13.37%
EPS Growth (YoY)	--	32.03%
EPS Growth (3Y CAGR)	--	49.51%

Financial Strength

Current Ratio (MRQ)

Howmet Aerospace (HWM) at 1.86 keeps current ratio within its industry’s typical mid-range, while Boeing (BA) at 1.13 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BA.

BA

Capital Goods industry group

1.13

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
BA: 1.13
Min: 0.36

HWM

Capital Goods industry group

1.86

Max: 5.22
Q3: 2.95
Median: 2.08
HWM: 1.86
Q1: 1.43
Min: 0.36

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Howmet Aerospace (HWM) at 0.80 is near its industry mid-range for debt-to-equity ratio, while Boeing (BA) at 7.39 sits above its benchmark range, pointing to a heavier debt load relative to equity.

BA

Capital Goods industry group

7.39

BA: 7.39
Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

HWM

Capital Goods industry group

0.80

Max: 2.33
Q3: 1.12
HWM: 0.80
Median: 0.60
Q1: 0.29
Min: 0.00

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Current Ratio (MRQ)	1.13	1.86
Debt / Equity (MRQ)	7.39	0.80
Net Debt / EBITDA	13.81	1.35

Dividends

Dividend Yield (TTM)

Boeing (BA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Howmet Aerospace (HWM) reports a yield of 0.25%, ranking against industry peers normally.

BA

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
BA: 0.00%
Q1: 0.00%
Min: 0.00%

HWM

Capital Goods industry group

0.25%

Max: 2.66%
Q3: 1.14%
HWM: 0.25%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Boeing (BA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Howmet Aerospace (HWM) reports a payout of 9.80%, ranking against industry peers normally.

BA

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
BA: 0.00%
Q1: 0.00%
Min: 0.00%

HWM

Capital Goods industry group

9.80%

Max: 67.39%
Q3: 28.02%
HWM: 9.80%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
Dividend Yield (TTM)	0.00%	0.25%
Dividend Payout Ratio (TTM)	0.00%	9.80%

Valuation

P/E Ratio (TTM)

Boeing (BA) at 17.89 sits in the cheaper P/E ratio quartile, while Howmet Aerospace (HWM) at 40.35 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

BA

Capital Goods industry group

17.89

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
BA: 17.89
Min: 3.03

HWM

Capital Goods industry group

40.35

Max: 59.38
HWM: 40.35
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Boeing (BA) at 1.45 prices around its industry’s typical P/S ratio, while Howmet Aerospace (HWM) at 8.41 clears its benchmark range — HWM looks notably rich on sales.

BA

Capital Goods industry group

1.45

Max: 7.54
Q3: 3.76
Median: 2.15
BA: 1.45
Q1: 1.03
Min: 0.03

HWM

Capital Goods industry group

8.41

HWM: 8.41
Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both Boeing (BA) at 20.99 and Howmet Aerospace (HWM) at 14.20 look expensive — each P/B ratio sits above its industry’s benchmark range.

BA

Capital Goods industry group

20.99

BA: 20.99
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

HWM

Capital Goods industry group

14.20

HWM: 14.20
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Boeing (BA) vs. Howmet Aerospace (HWM): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Boeing (BA) and Howmet Aerospace (HWM)
Metric	BA	HWM
P/E Ratio (TTM)	17.89	40.35
P/S Ratio (TTM)	1.45	8.41
P/B Ratio (MRQ)	20.99	14.20
Free Cash Flow Yield (TTM)	3.44%	1.58%