HWM
Howmet Aerospace Inc. Industrials - Aerospace & Defense Investor Relations →
Howmet Aerospace Inc. (HWM) closed at $223.16 as of 2026-02-02, trading 148.4% above its 200-week moving average of $89.85. The stock moved further from the line this week, up from 133.9% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Over the past 435 weeks of data, HWM has crossed below its 200-week moving average 6 times. On average, these episodes lasted 17 weeks. Historically, investors who bought HWM at the start of these episodes saw an average one-year return of +29.8%.
With a market cap of $89.8 billion, HWM is a large-cap stock. The company generates a free cash flow yield of 1.0%. Return on equity stands at 30.1%, indicating strong profitability. The stock trades at 17.7x book value.
Over the past 8.4 years, a hypothetical investment of $100 in HWM would have grown to $1188, compared to $306 for the S&P 500. That represents an annualized return of 34.2% vs 14.2% for the index — confirming HWM as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 57.5% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: HWM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HWM Crosses Below the Line?
Across 6 historical episodes, buying HWM when it crossed below its 200-week moving average produced an average return of +41.5% after 12 months (median +72.0%), compared to +24.5% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +73.2% vs +26.8% for the index.
Each line shows $100 invested at the moment HWM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HWM has crossed below its 200-week MA 6 times with an average 1-year return of +29.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2017 | Dec 2017 | 7 | 3.0% | -18.5% | +1123.5% |
| Feb 2018 | Feb 2018 | 1 | 1.5% | -30.0% | +1115.6% |
| Feb 2018 | Jun 2019 | 66 | 30.4% | -20.8% | +1153.8% |
| Mar 2020 | Aug 2020 | 24 | 43.8% | +100.5% | +1338.4% |
| Sep 2020 | Sep 2020 | 2 | 5.9% | +75.2% | +1178.8% |
| Oct 2020 | Nov 2020 | 1 | 3.1% | +72.2% | +1212.1% |
| Average | 17 | — | +29.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02