Howmet Aerospace Inc. (HWM)

Howmet Aerospace, Inc. engages in the development and manufacturing of lightweight metal products. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in producing aerospace fastening systems and commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Address

201 ISABELLA STREET
PITTSBURGH, PA 15212-5872

Founded

1888

Number of Employees

23,200

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$43 - - - $22 $50,004 $72,947 $430,011 $341,203 $250,457 $210,001 $169,336
Average Price $34.08 - - - $30.30 $30.74 $18.97 $32.07 $35.46 $47.77 $70.52 $36.89
# Shares Purchased 1,251 - - - 721 1,626,681 3,844,925 13,410,146 9,621,286 5,242,458 2,977,996 4,590,683
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 178.8% - - - 213.5% 209.0% 400.7% 196.3% 167.9% 98.8% 34.7% 157.5%
S&P 500 Return to Date 181.9% - - - 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 70.3%
Excess Total Return -3.1% - - - 108.7% 115.9% 325.9% 164.6% 130.6% 67.5% 27.3% 87.3%
Quartile Rank
Percentile Rank 71% - - - 88% 89% 96% 97% 97% 96% 92% 91%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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