EMBJ vs. HWM: Embraer vs. Howmet Aerospace Stock Comparison

November 11, 2026

How do Embraer (EMBJ) 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

Embraer (EMBJ) 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.

Howmet Aerospace (HWM) trades as ordinary local shares, while Embraer (EMBJ) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Embraer (EMBJ) and Howmet Aerospace (HWM)
Profile Item	EMBJ	HWM
Name	Embraer S.A. Sponsored American Depositary Receipt	Howmet Aerospace Inc.
Country/Region	Brazil	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	13.18 billion USD	81.84 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 21, 2000	November 1, 2016
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

EMBJ

HWM

GSPC

Embraer (EMBJ) 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 Embraer (EMBJ) and Howmet Aerospace (HWM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Total Return (1Y)	20.08%	5.06%
Total Return (3Y, Annualized)	72.16%	64.83%
Total Return (5Y, Annualized)	35.19%	46.04%

Risk Profile

Drawdown History

EMBJ

HWM

GSPC

Embraer (EMBJ) 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 Embraer (EMBJ) and Howmet Aerospace (HWM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Volatility (1Y, Annualized)	41.67%	37.60%
Beta (5Y)	1.47	1.27
Max Drawdown (5Y)	-54.48%	-36.47%
Avg. Volume (3M)	1.43M	3.47M

Risk-Adjusted Performance

Risk-Return Positioning

EMBJ 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 Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Sharpe Ratio (1Y)	0.38	0.02
Sortino Ratio (1Y)	0.52	0.03

Profitability

ROE (TTM)

Howmet Aerospace (HWM) at 37.65% sits in the top ROE quartile, while Embraer (EMBJ) at 12.19% is closer to the peer norm — stronger capital efficiency for HWM.

EMBJ

Capital Goods industry group

12.19%

Max: 40.55%
Q3: 19.29%
EMBJ: 12.19%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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%

Embraer (EMBJ) vs. Howmet Aerospace (HWM): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Howmet Aerospace (HWM) at 21.10% retains a top-quartile share of revenue as profit, ahead of Embraer (EMBJ) at 5.28%, which keeps about the industry-typical share.

EMBJ

Capital Goods industry group

5.28%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
EMBJ: 5.28%
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%

Embraer (EMBJ) 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% operates in the top operating margin quartile, ahead of Embraer (EMBJ) at 12.98%, which runs around its industry’s norm.

EMBJ

Capital Goods industry group

12.98%

Max: 36.60%
Q3: 18.33%
EMBJ: 12.98%
Median: 11.12%
Q1: 5.14%
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%

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

Profitability Metrics

Profitability metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
ROE (TTM)	12.19%	37.65%
ROA (TTM)	3.70%	13.97%
Net Margin (TTM)	5.28%	21.10%
Operating Margin (TTM)	12.98%	28.78%
Gross Margin (TTM)	17.85%	36.63%

Growth

Revenue Growth

Both Embraer (EMBJ) at 18.50% and Howmet Aerospace (HWM) at 11.06% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Howmet Aerospace (HWM) at 32.03% sits in the top EPS growth quartile, while Embraer (EMBJ) at 0.10% is closer to the peer norm — faster per-share earnings growth for HWM.

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

Growth Metrics

Growth metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Revenue Growth (YoY)	18.50%	11.06%
Revenue Growth (3Y CAGR)	18.62%	13.37%
EPS Growth (YoY)	0.10%	32.03%
EPS Growth (3Y CAGR)	--	49.51%

Financial Strength

Current Ratio (MRQ)

Both Embraer (EMBJ) at 1.44 and Howmet Aerospace (HWM) at 1.86 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

EMBJ

Capital Goods industry group

1.44

Max: 5.22
Q3: 2.95
Median: 2.08
EMBJ: 1.44
Q1: 1.43
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

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

Debt / Equity (MRQ)

Both Embraer (EMBJ) at 0.69 and Howmet Aerospace (HWM) at 0.80 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

EMBJ

Capital Goods industry group

0.69

Max: 2.33
Q3: 1.12
EMBJ: 0.69
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

Embraer (EMBJ) 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 Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Current Ratio (MRQ)	1.44	1.86
Debt / Equity (MRQ)	0.69	0.80
Net Debt / EBITDA	0.52	1.35

Dividends

Dividend Yield (TTM)

Both Embraer (EMBJ) at 0.97% and Howmet Aerospace (HWM) at 0.25% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

EMBJ

Capital Goods industry group

0.97%

Max: 2.66%
Q3: 1.14%
EMBJ: 0.97%
Median: 0.24%
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%

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

Dividend Payout Ratio (TTM)

Howmet Aerospace (HWM) at 9.80% pays out a band-typical share of earnings, while Embraer (EMBJ) at 31.67% distributes more than its industry norm — less retained, thinner cover.

EMBJ

Capital Goods industry group

31.67%

Max: 67.39%
EMBJ: 31.67%
Q3: 28.02%
Median: 6.86%
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%

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

Dividend Metrics

Dividend metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
Dividend Yield (TTM)	0.97%	0.25%
Dividend Payout Ratio (TTM)	31.67%	9.80%

Valuation

P/E Ratio (TTM)

Embraer (EMBJ) at 29.99 is near its industry’s usual P/E ratio, while Howmet Aerospace (HWM) at 40.35 sits in the richer quartile — HWM needs stronger growth or earnings quality to justify the premium.

EMBJ

Capital Goods industry group

29.99

Max: 59.38
Q3: 35.92
EMBJ: 29.99
Median: 25.41
Q1: 19.47
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

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

P/S Ratio (TTM)

Embraer (EMBJ) at 0.30 sits in the cheaper P/S ratio quartile while Howmet Aerospace (HWM) at 8.41 prices above its industry range — a wide gap in sales valuation between them.

EMBJ

Capital Goods industry group

0.30

Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
EMBJ: 0.30
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

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

P/B Ratio (MRQ)

Embraer (EMBJ) at 3.70 sits near its industry’s typical P/B ratio, while Howmet Aerospace (HWM) at 14.20 prices above its benchmark range — HWM looks rich relative to book.

EMBJ

Capital Goods industry group

3.70

Max: 9.66
Q3: 5.00
EMBJ: 3.70
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

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

Valuation Metrics

Valuation metrics for Embraer (EMBJ) and Howmet Aerospace (HWM)
Metric	EMBJ	HWM
P/E Ratio (TTM)	29.99	40.35
P/S Ratio (TTM)	0.30	8.41
P/B Ratio (MRQ)	3.70	14.20
Free Cash Flow Yield (TTM)	12.70%	1.58%