HWM vs. PCAR: Howmet Aerospace vs. PACCAR Stock Comparison

November 11, 2026

How do Howmet Aerospace (HWM) and PACCAR (PCAR) 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 PACCAR (PCAR) both fall under the Capital Goods industry group, but HWM is classified in Aerospace & Defense while PCAR is classified in Machinery.

Company profile comparison for Howmet Aerospace (HWM) and PACCAR (PCAR)
Profile Item	HWM	PCAR
Name	Howmet Aerospace Inc.	PACCAR Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Machinery
GICS Sub-Industry	Aerospace & Defense	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	81.84 billion USD	53.69 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	November 1, 2016	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HWM

PCAR

GSPC

Howmet Aerospace (HWM) vs. PACCAR (PCAR), 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 Howmet Aerospace (HWM) and PACCAR (PCAR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Total Return (1Y)	5.06%	9.49%
Total Return (3Y, Annualized)	64.83%	11.04%
Total Return (5Y, Annualized)	46.04%	16.64%

Risk Profile

Drawdown History

HWM

PCAR

GSPC

Howmet Aerospace (HWM) vs. PACCAR (PCAR), 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 Howmet Aerospace (HWM) and PACCAR (PCAR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Volatility (1Y, Annualized)	37.60%	27.23%
Beta (5Y)	1.27	0.94
Max Drawdown (5Y)	-36.47%	-27.75%
Avg. Volume (3M)	3.47M	3.33M

Risk-Adjusted Performance

Risk-Return Positioning

HWM and PCAR 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 Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Sharpe Ratio (1Y)	0.02	0.19
Sortino Ratio (1Y)	0.03	0.30

Profitability

ROE (TTM)

Howmet Aerospace (HWM) at 37.65% sits in the top ROE quartile, while PACCAR (PCAR) at 13.71% is closer to the peer norm — stronger capital efficiency for HWM.

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%

PCAR

Capital Goods industry group

13.71%

Max: 40.55%
Q3: 19.29%
PCAR: 13.71%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Howmet Aerospace (HWM) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at 9.50%, 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%

PCAR

Capital Goods industry group

9.50%

Max: 27.47%
Q3: 12.10%
PCAR: 9.50%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Howmet Aerospace (HWM) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at 12.59%, 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%

PCAR

Capital Goods industry group

12.59%

Max: 36.60%
Q3: 18.33%
PCAR: 12.59%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
ROE (TTM)	37.65%	13.71%
ROA (TTM)	13.97%	4.53%
Net Margin (TTM)	21.10%	9.50%
Operating Margin (TTM)	28.78%	12.59%
Gross Margin (TTM)	36.63%	14.21%

Growth

Revenue Growth

Howmet Aerospace (HWM) at 11.06% is around its peer norm for revenue growth, while PACCAR (PCAR) at -15.50% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Howmet Aerospace (HWM) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at -42.91% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Revenue Growth (YoY)	11.06%	-15.50%
Revenue Growth (3Y CAGR)	13.37%	-0.44%
EPS Growth (YoY)	32.03%	-42.91%
EPS Growth (3Y CAGR)	49.51%	-7.80%

Financial Strength

Current Ratio (MRQ)

Howmet Aerospace (HWM) at 1.86 keeps current ratio within its industry’s typical mid-range, while PACCAR (PCAR) at 5.47 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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

PCAR

Capital Goods industry group

5.47

PCAR: 5.47
Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both Howmet Aerospace (HWM) at 0.80 and PACCAR (PCAR) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

PCAR

Capital Goods industry group

0.72

Max: 2.33
Q3: 1.12
PCAR: 0.72
Median: 0.60
Q1: 0.29
Min: 0.00

Howmet Aerospace (HWM) vs. PACCAR (PCAR): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Current Ratio (MRQ)	1.86	5.47
Debt / Equity (MRQ)	0.80	0.72
Net Debt / EBITDA	1.35	1.62

Dividends

Dividend Yield (TTM)

PACCAR (PCAR) at 1.30% delivers top-quartile income for its industry, while Howmet Aerospace (HWM) at 0.25% pays a more typical yield — both are credible income propositions, PCAR the richer one.

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%

PCAR

Capital Goods industry group

1.30%

Max: 2.66%
PCAR: 1.30%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Howmet Aerospace (HWM) at 9.80% and PACCAR (PCAR) at 25.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

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%

PCAR

Capital Goods industry group

25.95%

Max: 67.39%
Q3: 28.02%
PCAR: 25.95%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
Dividend Yield (TTM)	0.25%	1.30%
Dividend Payout Ratio (TTM)	9.80%	25.95%

Valuation

P/E Ratio (TTM)

PACCAR (PCAR) at 19.46 sits in the cheaper P/E ratio quartile, while Howmet Aerospace (HWM) at 40.35 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

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

PCAR

Capital Goods industry group

19.46

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
PCAR: 19.46
Min: 3.03

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

P/S Ratio (TTM)

PACCAR (PCAR) at 1.85 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

PCAR

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
PCAR: 1.85
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

PACCAR (PCAR) at 2.57 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.

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

PCAR

Capital Goods industry group

2.57

Max: 9.66
Q3: 5.00
Median: 3.12
PCAR: 2.57
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Howmet Aerospace (HWM) and PACCAR (PCAR)
Metric	HWM	PCAR
P/E Ratio (TTM)	40.35	19.46
P/S Ratio (TTM)	8.41	1.85
P/B Ratio (MRQ)	14.20	2.57
Free Cash Flow Yield (TTM)	1.58%	3.23%