HWM vs. INIO: Howmet Aerospace vs. Innio Stock Comparison
How do Howmet Aerospace (HWM) and Innio (INIO) 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
Howmet Aerospace (HWM) and Innio (INIO) both fall under the Capital Goods industry group, but HWM is classified in Aerospace & Defense while INIO is classified in Electrical Equipment.
Howmet Aerospace (HWM) has been public since November 1, 2016 with a meaningfully longer listed history, while Innio (INIO) only listed on June 8, 2026 — long-window metrics on the INIO side should be interpreted with caution.
| Profile Item | HWM | INIO |
|---|---|---|
| Name | Howmet Aerospace Inc. | Innio N.V. |
| Country/Region | United States | Germany |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Electrical Equipment |
| GICS Sub-Industry | Aerospace & Defense | Heavy Electrical Equipment |
| Market Capitalization | 81.84 billion USD | 10.33 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | November 1, 2016 | June 8, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HWM | INIO |
|---|---|---|
| Total Return (1Y) | 5.06% | -- |
| Total Return (3Y, Annualized) | 64.83% | -- |
| Total Return (5Y, Annualized) | 46.04% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Innio (INIO) reports a negative beta of -1.88, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Howmet Aerospace (HWM) has a non-negative beta of 1.27.
| Metric | HWM | INIO |
|---|---|---|
| Volatility (1Y, Annualized) | 37.60% | 94.54% |
| Beta (5Y) | 1.27 | -1.88 |
| Max Drawdown (5Y) | -36.47% | -67.59% |
| Avg. Volume (3M) | 3.47M | 5.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Both HWM and INIO need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | HWM | INIO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.02 | -- |
| Sortino Ratio (1Y) | 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; Innio (INIO) has no ROE this period.
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%
INIO
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- INIO
- --
Net Margin (TTM)
Howmet Aerospace (HWM) at 21.10% retains a top-quartile share of revenue as profit, ahead of Innio (INIO) at 2.71%, which keeps about the industry-typical share.
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%
INIO
Capital Goods industry group
2.71%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- INIO
- 2.71%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Howmet Aerospace (HWM) at 28.78% operates in the top operating margin quartile, ahead of Innio (INIO) at 16.58%, which runs around its industry’s norm.
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%
INIO
Capital Goods industry group
16.58%
- Max
- 36.60%
- Q3
- 18.33%
- INIO
- 16.58%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | HWM | INIO |
|---|---|---|
| ROE (TTM) | 37.65% | -- |
| ROA (TTM) | 13.97% | -- |
| Net Margin (TTM) | 21.10% | 2.71% |
| Operating Margin (TTM) | 28.78% | 16.58% |
| Gross Margin (TTM) | 36.63% | 33.08% |
Growth
Revenue Growth
Innio (INIO) at 22.13% 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 INIO.
EPS Growth
Both Howmet Aerospace (HWM) at 32.03% and Innio (INIO) at 59.26% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | HWM | INIO |
|---|---|---|
| Revenue Growth (YoY) | 11.06% | 22.13% |
| Revenue Growth (3Y CAGR) | 13.37% | -- |
| EPS Growth (YoY) | 32.03% | 59.26% |
| 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 Innio (INIO) at 1.27 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for INIO.
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
INIO
Capital Goods industry group
1.27
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- INIO
- 1.27
- Min
- 0.36
Debt / Equity (MRQ)
Howmet Aerospace (HWM) at 0.80 is near its industry mid-range for debt-to-equity ratio, while Innio (INIO) at 8.53 sits above its benchmark range, pointing to a heavier debt load relative to equity.
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
INIO
Capital Goods industry group
8.53
- INIO
- 8.53
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | HWM | INIO |
|---|---|---|
| Current Ratio (MRQ) | 1.86 | 1.27 |
| Debt / Equity (MRQ) | 0.80 | 8.53 |
| Net Debt / EBITDA | 1.35 | 3.24 |
Dividends
Dividend Yield (TTM)
Innio (INIO) 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.
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%
INIO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- INIO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Innio (INIO) 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.
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%
INIO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- INIO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HWM | INIO |
|---|---|---|
| Dividend Yield (TTM) | 0.25% | 0.00% |
| Dividend Payout Ratio (TTM) | 9.80% | 0.00% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Howmet Aerospace (HWM) at 40.35 sits in the richer P/E ratio quartile, and Innio (INIO) at 105.92 is richer still, above its industry range.
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
INIO
Capital Goods industry group
105.92
- INIO
- 105.92
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Innio (INIO) at 2.94 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.
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
INIO
Capital Goods industry group
2.94
- Max
- 7.54
- Q3
- 3.76
- INIO
- 2.94
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Measured against book value, both Howmet Aerospace (HWM) at 14.20 and Innio (INIO) at 30.53 look expensive — each P/B ratio sits above its industry’s benchmark range.
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
INIO
Capital Goods industry group
30.53
- INIO
- 30.53
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | HWM | INIO |
|---|---|---|
| P/E Ratio (TTM) | 40.35 | 105.92 |
| P/S Ratio (TTM) | 8.41 | 2.94 |
| P/B Ratio (MRQ) | 14.20 | 30.53 |
| Free Cash Flow Yield (TTM) | 1.58% | -- |