COMPARE · Reviewed July 30, 2026
HWM vs LMT
Verdict: Side-by-side breakdown using the Bull Rankings model. HWM scored 66.5, LMT scored 68.6 — LMT leads.
Compare another set
HWM
Howmet Aerospace Inc.
66.5
$277.28 · $110.9B
fundamentals as of
Score gap
2.1
LMT leads
LMT
Lockheed Martin Corporation
68.6
$574.11 · $132.5B
fundamentals as of
The model, pillar by pillar (0–100 each)
HWM
stronger →← stronger
LMT
83
Qualityreturns · margins · balance sheet
81
86
Growthrevenue & earnings expansion
67
41
Valuevaluation vs sector peers
60
HWM is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
HWM
LMT
$1.7bC+
FCF
$8.7bB+
+14.2%B+
Rev
+7.2%B
0.88B
D/E
2.34D
63.3xD
P/E
21.0xB+
0.80A-
PEG
1.18B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
HWM
LMT
267% above
Price vs fair valuelower is cheaper
7% below
~47%/yr
Growth the price implies10-yr FCF · lower = less priced in
~4%/yr
-78%
1-yr DCF upside
+1%
-73%
5-yr DCF upside
+7%
-63%
10-yr DCF upside
+16%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HWM
Why this score
- Durable high returns
LMT
Why this score
- Durable high returns
The companies
HWMHowmet Aerospace Inc.
Why now
Aerospace & Defense · market cap $110.9b. 6% off the 52-week high of $295.28. Revenue growing +14%, comfortably above the S&P median. PEG 0.80 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $312.93 (implying +13% upside).
Moat
Net margin 20% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 32% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. $110.9b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Trailing P/E 63.3x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. P/S 12.9x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard.
LMTLockheed Martin Corporation
Why now
Aerospace & Defense · market cap $132.5b. 17% off the 52-week high of $692.00. 19 sell-side analysts rate this a Hold with a mean 1-yr target of $628.21 (implying +9% upside).
Moat
ROE 72% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 139% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $132.5b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 2.34 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.