GEV vs. HWM: GE Vernova vs. Howmet Aerospace Stock Comparison
How do GE Vernova (GEV) 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 Vernova (GEV) and Howmet Aerospace (HWM) both fall under the Capital Goods industry group, but GEV is classified in Electrical Equipment while HWM is classified in Aerospace & Defense.
Howmet Aerospace (HWM) has been public since November 1, 2016, giving it a longer listed trading history, while GE Vernova (GEV) listed on March 27, 2024 and still has a shorter public-market record.
| Profile Item | GEV | HWM |
|---|---|---|
| Name | GE Vernova Inc. | Howmet Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Aerospace & Defense |
| GICS Sub-Industry | Heavy Electrical Equipment | Aerospace & Defense |
| Market Capitalization | 204.89 billion USD | 81.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 27, 2024 | November 1, 2016 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEV | HWM |
|---|---|---|
| Total Return (1Y) | 44.63% | 5.06% |
| Total Return (3Y, Annualized) | -- | 64.83% |
| Total Return (5Y, Annualized) | -- | 46.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GEV | HWM |
|---|---|---|
| Volatility (1Y, Annualized) | 55.54% | 37.60% |
| Beta (5Y) | 1.12 | 1.27 |
| Max Drawdown (5Y) | -38.29% | -36.47% |
| Avg. Volume (3M) | 2.65M | 3.47M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEV | HWM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 0.02 |
| Sortino Ratio (1Y) | 1.08 | 0.03 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but GE Vernova (GEV) at 93.04% is the standout with ROE above its industry range; Howmet Aerospace (HWM) at 37.65% also sits in the top quartile.
GEV
Capital Goods industry group
93.04%
- GEV
- 93.04%
- 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 Vernova (GEV) at 23.54% 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.
GEV
Capital Goods industry group
23.54%
- Max
- 27.47%
- GEV
- 23.54%
- 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)
Howmet Aerospace (HWM) at 28.78% operates in the top operating margin quartile, ahead of GE Vernova (GEV) at 12.77%, which runs around its industry’s norm.
GEV
Capital Goods industry group
12.77%
- Max
- 36.60%
- Q3
- 18.33%
- GEV
- 12.77%
- 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 | GEV | HWM |
|---|---|---|
| ROE (TTM) | 93.04% | 37.65% |
| ROA (TTM) | 3.22% | 13.97% |
| Net Margin (TTM) | 23.54% | 21.10% |
| Operating Margin (TTM) | 12.77% | 28.78% |
| Gross Margin (TTM) | 21.79% | 36.63% |
Growth
Revenue Growth
Both GE Vernova (GEV) at 8.97% 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 companies show strong earnings momentum, but GE Vernova (GEV) at 217.03% is the standout with EPS growth above its industry range; Howmet Aerospace (HWM) at 32.03% also sits in the top quartile.
Growth Metrics
| Metric | GEV | HWM |
|---|---|---|
| Revenue Growth (YoY) | 8.97% | 11.06% |
| Revenue Growth (3Y CAGR) | 8.68% | 13.37% |
| EPS Growth (YoY) | 217.03% | 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 GE Vernova (GEV) at 0.83 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GEV.
GEV
Capital Goods industry group
0.83
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GEV
- 0.83
- 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)
Both GE Vernova (GEV) at 0.30 and Howmet Aerospace (HWM) at 0.80 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
GEV
Capital Goods industry group
0.30
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GEV
- 0.30
- 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 | GEV | HWM |
|---|---|---|
| Current Ratio (MRQ) | 0.83 | 1.86 |
| Debt / Equity (MRQ) | 0.30 | 0.80 |
| Net Debt / EBITDA | -2.50 | 1.35 |
Dividends
Dividend Yield (TTM)
Both GE Vernova (GEV) at 0.26% and Howmet Aerospace (HWM) at 0.25% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
GEV
Capital Goods industry group
0.26%
- Max
- 2.66%
- Q3
- 1.14%
- GEV
- 0.26%
- 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 Vernova (GEV) at 4.59% 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.
GEV
Capital Goods industry group
4.59%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GEV
- 4.59%
- 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 | GEV | HWM |
|---|---|---|
| Dividend Yield (TTM) | 0.26% | 0.25% |
| Dividend Payout Ratio (TTM) | 4.59% | 9.80% |
Valuation
P/E Ratio (TTM)
GE Vernova (GEV) at 20.32 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.
GEV
Capital Goods industry group
20.32
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- GEV
- 20.32
- 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 Vernova (GEV) at 4.65 sits in the upper P/S ratio quartile, and Howmet Aerospace (HWM) at 8.41 prices even higher, above its industry range.
GEV
Capital Goods industry group
4.65
- Max
- 7.54
- GEV
- 4.65
- 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 Vernova (GEV) at 18.00 and Howmet Aerospace (HWM) at 14.20 look expensive — each P/B ratio sits above its industry’s benchmark range.
GEV
Capital Goods industry group
18.00
- GEV
- 18.00
- 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 | GEV | HWM |
|---|---|---|
| P/E Ratio (TTM) | 20.32 | 40.35 |
| P/S Ratio (TTM) | 4.65 | 8.41 |
| P/B Ratio (MRQ) | 18.00 | 14.20 |
| Free Cash Flow Yield (TTM) | 10.79% | 1.58% |