Can GE Aerospace Outrun Howmet Aerospace in the Next Rally?

HWM: Howmet Aerospace logo
HWM
Howmet Aerospace

Howmet Aerospace surged 11% during the past Week. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer GE Aerospace gives you more. GE Aerospace (GE) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Howmet Aerospace (HWM) stock, suggesting you may be better off investing in GE

  • GE’s quarterly revenue growth was 23.8%, vs. HWM’s 9.2%.
  • In addition, its Last 12 Months revenue growth came in at 17.7%, ahead of HWM’s 8.9%.
  • GE’s 3-year average margin is stronger: 22.6% vs. HWM’s 20.5%.

These differences become even clearer when you look at the financials side by side. The table highlights how HWM’s fundamentals stack up against those of GE on growth, margins, momentum, and valuation multiples.

Valuation & Performance Overview

  HWM GE Preferred
     
Valuation      
P/EBIT Ratio 46.2 37.2 GE
     
Revenue Growth      
Last Quarter 9.2% 23.8% GE
Last 12 Months 8.9% 17.7% GE
Last 3 Year Average 13.5% 15.7% GE
     
Operating Margins      
Last 12 Months 24.0% 20.5% HWM
Last 3 Year Average 20.5% 22.6% GE
     
Momentum      
Last 3 Year Return 448.3% 524.8% HWM

Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: HWM Revenue Comparison | GE Revenue Comparison
See more margin details: HWM Operating Income Comparison | GE Operating Income Comparison

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See detailed fundamentals on Buy or Sell GE Stock and Buy or Sell HWM Stock. Below we compare market return and related metrics across years.

Historical Market Performance

  2020 2021 2022 2023 2024 2025 Total [1] Avg Best
Returns
HWM Return 21% 12% 24% 38% 103% 92% 801%   <===
GE Return -3% 10% -11% 94% 65% 90% 477%    
S&P 500 Return 16% 27% -19% 24% 23% 18% 115%  
Monthly Win Rates [3]
HWM Win Rate 58% 33% 58% 67% 67% 67%   58%  
GE Win Rate 50% 42% 50% 83% 75% 83%   64%  
S&P 500 Win Rate 58% 75% 42% 67% 75% 73%   65% <===
Max Drawdowns [4]
HWM Max Drawdown -61% -17% -4% -2% -3% 0%   -15%  
GE Max Drawdown -51% -3% -35% 0% -3% 0%   -15%  
S&P 500 Max Drawdown -31% -1% -25% -1% -2% -15%   -12% <===

[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 12/24/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year

No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read GE Dip Buyer Analyses and HWM Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.

Still not sure about HWM or GE? Consider portfolio approach.

Multi Asset Portfolios Offer More Upside With Less Risk

Stocks soar and sink but bonds commodities and other assets balance the ride. A multi asset portfolio keeps returns steadier and reduces single market risk.

The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices