Howmet Aerospace
HWM · Aerospace & Defense
$185.91
3.8%Parsons
PSN · Aerospace & Defense
$49.04
2.6%The short version
- Howmet Aerospace is the larger business, with $8.3B of revenue in fiscal 2025 against $6.4B for Parsons.
- Howmet Aerospace grew revenue faster (11.1%, against −5.7%).
- Howmet Aerospace kept more of each dollar of sales as operating profit (24.8% operating margin, against 6.6% operating margin).
- Howmet Aerospace turned more of its sales into free cash flow (17.3% FCF margin, against 6.5% FCF margin).
- Howmet Aerospace earned a higher return on the capital invested in it (22.4%, against 9.8%).
- Investors pay more for each dollar of Howmet Aerospace’s earnings: a P/E of 40.1x against 23.5x for Parsons.
| Latest fiscal year | HWM · FY25 | PSN · FY25 |
|---|---|---|
| Size | ||
| Market cap | $74.7B | $5.3B |
| Revenue | $8.3B | $6.4B |
| Free cash flow | $1.4B | $410M |
| Net income | $1.5B | $241M |
| Growth | ||
| Revenue growth | 11.1% | −5.7% |
| 5-year growth | 9.4% | 10.2% |
| Share count change | −1.0% | −2.2% |
| Profitability | ||
| Gross margin | — | 22.5% |
| Operating margin | 24.8% | 6.6% |
| Net margin | 18.3% | 3.8% |
| FCF margin | 17.3% | 6.5% |
| Return on capital | 22.4% | 9.8% |
| Return on equity | 30.4% | 9.5% |
| Balance sheet | ||
| Net debt | $2.3B | $781M |
| Net debt / EBITDA | 1.0x | 1.5x |
| Dividends and buybacks | $881M | $125M |
| Valuation & quality | ||
| P/E | 40.1x | 23.5x |
| Piotroski F-score | 7 | 7 |
FY16
HWM $12.4B
PSN —
FY17
HWM $13.0B
PSN $3.0B
FY18
HWM $6.8B
PSN $3.6B
FY19
HWM $7.1B
PSN $4.0B
FY20
HWM $5.3B
PSN $3.9B
FY21
HWM $5.0B
PSN $3.7B
FY22
HWM $5.7B
PSN $4.2B
FY23
HWM $6.6B
PSN $5.4B
FY24
HWM $7.4B
PSN $6.8B
FY25
HWM $8.3B
PSN $6.4B
HWM
PSN
FY16
HWM 7.7%
PSN —
FY17
HWM 3.7%
PSN 5.0%
FY18
HWM 11.4%
PSN 5.8%
FY19
HWM 8.2%
PSN 2.3%
FY20
HWM 11.9%
PSN 4.5%
FY21
HWM 15.0%
PSN 3.6%
FY22
HWM 16.2%
PSN 4.4%
FY23
HWM 18.1%
PSN 5.3%
FY24
HWM 22.0%
PSN 6.3%
FY25
HWM 24.8%
PSN 6.6%
HWM
PSN
FY16
HWM −$1.0B
PSN —
FY17
HWM −$635M
PSN $237M
FY18
HWM −$551M
PSN $255M
FY19
HWM −$180M
PSN $153M
FY20
HWM −$258M
PSN $255M
FY21
HWM $250M
PSN $184M
FY22
HWM $540M
PSN $207M
FY23
HWM $682M
PSN $367M
FY24
HWM $977M
PSN $474M
FY25
HWM $1.4B
PSN $410M
HWM
PSN
FY16
HWM 2.9%
PSN —
FY17
HWM 2.3%
PSN —
FY18
HWM 5.7%
PSN —
FY19
HWM 3.5%
PSN 19.2%
FY20
HWM 7.2%
PSN 7.2%
FY21
HWM 8.3%
PSN 5.1%
FY22
HWM 10.2%
PSN 5.9%
FY23
HWM 13.4%
PSN 8.4%
FY24
HWM 18.9%
PSN 10.9%
FY25
HWM 22.4%
PSN 9.8%
HWM
PSN
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.