Howmet Aerospace Inc
- Industry
- Aerospace & Defense
- Exchange
- US
- Country
- USA
- IPO date
- Jan 2, 1962
- Employees
- 25,430
- Website
- www.howmet.com
Composite valuation range · conservative $85–$110 / fair $120–$170 / optimistic $180–$230. At $287.94, Above the optimistic ceiling · future growth overdrawn.
At publication $256.55 (May 25, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.
History
Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania. The company was formerly known as Arconic Inc., and was spun off as a standalone company on April 1, 2020. Its listing dates to an IPO of January 2, 1962. In 2026 it completed the acquisition of CAM for $1.8 billion (closed April 6, 2026), strengthening its aerospace fastener portfolio, and it also acquired Brunner as a smaller adjacent addition to its Fastening Systems business.
Industry position
Howmet Aerospace operates in the Industrials sector (Aerospace & Defense) with about 25,430 employees, running across the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. In 2025 revenue was about $8.265 billion, of which roughly 70% came from aerospace markets; Engine Products contributed $4.320 billion, Fastening Systems $1.745 billion, and Engineered Structures $1.148 billion. It holds about 950 granted patents and roughly 1,570 registered trademarks, with brands such as Howmet castings, Huck fasteners, and Dura-Bright; cited peers include TransDigm, HEICO, Hexcel, ATI, and Spirit AeroSystems.