GE vs. HWM: GE Aerospace vs. Howmet Aerospace Stock Comparison
How do GE Aerospace (GE) 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
GE Aerospace (GE) and Howmet Aerospace (HWM) both fall under the Capital Goods industry group, but GE is classified in Industrial Conglomerates while HWM is classified in Aerospace & Defense.
| Profile Item | GE | HWM |
|---|---|---|
| Name | General Electric Company | Howmet Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Industrial Conglomerates | Aerospace & Defense |
| GICS Sub-Industry | Industrial Conglomerates | Aerospace & Defense |
| Market Capitalization | 335.38 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
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GE | HWM |
|---|---|---|
| Total Return (1Y) | 9.16% | 5.06% |
| Total Return (3Y, Annualized) | 55.50% | 64.83% |
| Total Return (5Y, Annualized) | 37.59% | 46.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GE | HWM |
|---|---|---|
| Volatility (1Y, Annualized) | 34.52% | 37.60% |
| Beta (5Y) | 1.39 | 1.27 |
| Max Drawdown (5Y) | -44.94% | -36.47% |
| Avg. Volume (3M) | 4.48M | 3.47M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GE | HWM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.14 | 0.02 |
| Sortino Ratio (1Y) | 0.20 | 0.03 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but GE Aerospace (GE) at 50.17% is the standout with ROE above its industry range; Howmet Aerospace (HWM) at 37.65% also sits in the top quartile.
GE
Capital Goods industry group
50.17%
- GE
- 50.17%
- Max
- 40.55%
- Q3
- 19.29%
- 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%
Net Margin (TTM)
For every dollar of sales, both GE Aerospace (GE) at 17.31% and Howmet Aerospace (HWM) at 21.10% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GE
Capital Goods industry group
17.31%
- Max
- 27.47%
- GE
- 17.31%
- Q3
- 12.10%
- 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%
Operating Margin (TTM)
Both GE Aerospace (GE) at 18.49% and Howmet Aerospace (HWM) at 28.78% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
GE
Capital Goods industry group
18.49%
- Max
- 36.60%
- GE
- 18.49%
- Q3
- 18.33%
- 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%
Profitability Metrics
| Metric | GE | HWM |
|---|---|---|
| ROE (TTM) | 50.17% | 37.65% |
| ROA (TTM) | 5.06% | 13.97% |
| Net Margin (TTM) | 17.31% | 21.10% |
| Operating Margin (TTM) | 18.49% | 28.78% |
| Gross Margin (TTM) | 30.07% | 36.63% |
Growth
Revenue Growth
Both GE Aerospace (GE) at 18.48% 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.
EPS Growth
Both GE Aerospace (GE) at 35.89% and Howmet Aerospace (HWM) at 32.03% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | GE | HWM |
|---|---|---|
| Revenue Growth (YoY) | 18.48% | 11.06% |
| Revenue Growth (3Y CAGR) | 16.32% | 13.37% |
| EPS Growth (YoY) | 35.89% | 32.03% |
| EPS Growth (3Y CAGR) | 446.03% | 49.51% |
Financial Strength
Current Ratio (MRQ)
Howmet Aerospace (HWM) at 1.86 keeps current ratio within its industry’s typical mid-range, while GE Aerospace (GE) at 0.98 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GE.
GE
Capital Goods industry group
0.98
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GE
- 0.98
- 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
Debt / Equity (MRQ)
Howmet Aerospace (HWM) at 0.80 carries an industry-typical debt-to-equity mix, while GE Aerospace (GE) at 1.16 uses more debt funding than most peers.
GE
Capital Goods industry group
1.16
- Max
- 2.33
- GE
- 1.16
- 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
Financial Strength Metrics
| Metric | GE | HWM |
|---|---|---|
| Current Ratio (MRQ) | 0.98 | 1.86 |
| Debt / Equity (MRQ) | 1.16 | 0.80 |
| Net Debt / EBITDA | 0.93 | 1.35 |
Dividends
Dividend Yield (TTM)
Both GE Aerospace (GE) at 0.56% and Howmet Aerospace (HWM) at 0.25% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
GE
Capital Goods industry group
0.56%
- Max
- 2.66%
- Q3
- 1.14%
- GE
- 0.56%
- 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%
Dividend Payout Ratio (TTM)
Both GE Aerospace (GE) at 20.23% and Howmet Aerospace (HWM) at 9.80% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
GE
Capital Goods industry group
20.23%
- Max
- 67.39%
- Q3
- 28.02%
- GE
- 20.23%
- 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%
Dividend Metrics
| Metric | GE | HWM |
|---|---|---|
| Dividend Yield (TTM) | 0.56% | 0.25% |
| Dividend Payout Ratio (TTM) | 20.23% | 9.80% |
Valuation
P/E Ratio (TTM)
Both GE Aerospace (GE) at 36.94 and Howmet Aerospace (HWM) at 40.35 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
GE
Capital Goods industry group
36.94
- Max
- 59.38
- GE
- 36.94
- Q3
- 35.92
- 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
P/S Ratio (TTM)
Both look expensive on sales: GE Aerospace (GE) at 6.38 sits in the upper P/S ratio quartile, and Howmet Aerospace (HWM) at 8.41 prices even higher, above its industry range.
GE
Capital Goods industry group
6.38
- Max
- 7.54
- GE
- 6.38
- Q3
- 3.76
- Median
- 2.15
- 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
P/B Ratio (MRQ)
Measured against book value, both GE Aerospace (GE) at 19.06 and Howmet Aerospace (HWM) at 14.20 look expensive — each P/B ratio sits above its industry’s benchmark range.
GE
Capital Goods industry group
19.06
- GE
- 19.06
- 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
Valuation Metrics
| Metric | GE | HWM |
|---|---|---|
| P/E Ratio (TTM) | 36.94 | 40.35 |
| P/S Ratio (TTM) | 6.38 | 8.41 |
| P/B Ratio (MRQ) | 19.06 | 14.20 |
| Free Cash Flow Yield (TTM) | 1.89% | 1.58% |