HWM vs. NXT: Howmet Aerospace vs. Nextracker Stock Comparison
How do Howmet Aerospace (HWM) and Nextracker (NXT) 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 Nextracker (NXT) both fall under the Capital Goods industry group, but HWM is classified in Aerospace & Defense while NXT is classified in Electrical Equipment.
| Profile Item | HWM | NXT |
|---|---|---|
| Name | Howmet Aerospace Inc. | Nextpower Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Electrical Equipment |
| GICS Sub-Industry | Aerospace & Defense | Electrical Components & Equipment |
| Market Capitalization | 81.84 billion USD | 16.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | November 1, 2016 | February 9, 2023 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HWM | NXT |
|---|---|---|
| Total Return (1Y) | 5.06% | 0.06% |
| Total Return (3Y, Annualized) | 64.83% | 45.51% |
| Total Return (5Y, Annualized) | 46.04% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HWM | NXT |
|---|---|---|
| Volatility (1Y, Annualized) | 37.60% | 68.10% |
| Beta (5Y) | 1.27 | 1.66 |
| Max Drawdown (5Y) | -36.47% | -51.10% |
| Avg. Volume (3M) | 3.47M | 2.38M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HWM | NXT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.02 | -0.06 |
| Sortino Ratio (1Y) | 0.03 | -0.09 |
Profitability
ROE (TTM)
Both Howmet Aerospace (HWM) at 37.65% and Nextracker (NXT) at 26.46% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
NXT
Capital Goods industry group
26.46%
- Max
- 40.55%
- NXT
- 26.46%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Howmet Aerospace (HWM) at 21.10% and Nextracker (NXT) at 15.98% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
NXT
Capital Goods industry group
15.98%
- Max
- 27.47%
- NXT
- 15.98%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Howmet Aerospace (HWM) at 28.78% and Nextracker (NXT) at 20.06% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
NXT
Capital Goods industry group
20.06%
- Max
- 36.60%
- NXT
- 20.06%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | HWM | NXT |
|---|---|---|
| ROE (TTM) | 37.65% | 26.46% |
| ROA (TTM) | 13.97% | 10.75% |
| Net Margin (TTM) | 21.10% | 15.98% |
| Operating Margin (TTM) | 28.78% | 20.06% |
| Gross Margin (TTM) | 36.63% | 21.84% |
Growth
Revenue Growth
Nextracker (NXT) at 20.28% 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 NXT.
EPS Growth
Howmet Aerospace (HWM) at 32.03% sits in the top EPS growth quartile, while Nextracker (NXT) at 10.66% is closer to the peer norm — faster per-share earnings growth for HWM.
Growth Metrics
| Metric | HWM | NXT |
|---|---|---|
| Revenue Growth (YoY) | 11.06% | 20.28% |
| Revenue Growth (3Y CAGR) | 13.37% | 23.23% |
| EPS Growth (YoY) | 32.03% | 10.66% |
| EPS Growth (3Y CAGR) | 49.51% | 476.90% |
Financial Strength
Current Ratio (MRQ)
Both Howmet Aerospace (HWM) at 1.86 and Nextracker (NXT) at 2.23 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
NXT
Capital Goods industry group
2.23
- Max
- 5.22
- Q3
- 2.95
- NXT
- 2.23
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while Howmet Aerospace (HWM) at 0.80 runs a more typical debt-to-equity mix.
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
NXT
Capital Goods industry group
0.02
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- NXT
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | HWM | NXT |
|---|---|---|
| Current Ratio (MRQ) | 1.86 | 2.23 |
| Debt / Equity (MRQ) | 0.80 | 0.02 |
| Net Debt / EBITDA | 1.35 | -1.30 |
Dividends
Dividend Yield (TTM)
Nextracker (NXT) 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%
NXT
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nextracker (NXT) 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%
NXT
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- NXT
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HWM | NXT |
|---|---|---|
| Dividend Yield (TTM) | 0.25% | 0.00% |
| Dividend Payout Ratio (TTM) | 9.80% | 0.00% |
Valuation
P/E Ratio (TTM)
Nextracker (NXT) at 26.42 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.
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
NXT
Capital Goods industry group
26.42
- Max
- 59.38
- Q3
- 35.92
- NXT
- 26.42
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both look expensive on sales: Nextracker (NXT) at 4.17 sits in the upper P/S ratio quartile, and Howmet Aerospace (HWM) at 8.41 prices even higher, above its industry range.
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
NXT
Capital Goods industry group
4.17
- Max
- 7.54
- NXT
- 4.17
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both look rich against book: Nextracker (NXT) at 5.98 sits in the upper P/B ratio quartile, and Howmet Aerospace (HWM) at 14.20 prices even higher, above its industry 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
NXT
Capital Goods industry group
5.98
- Max
- 9.66
- NXT
- 5.98
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | HWM | NXT |
|---|---|---|
| P/E Ratio (TTM) | 40.35 | 26.42 |
| P/S Ratio (TTM) | 8.41 | 4.17 |
| P/B Ratio (MRQ) | 14.20 | 5.98 |
| Free Cash Flow Yield (TTM) | 1.58% | 2.32% |