HWM vs CEG

Comparison between Howmet Aerospace Inc (HWM, Company) and Constellation Energy Corporation (CEG, Company).

HWM is from the Industrials sector, while CEG is from the Utilities sector.

HWM vs CEG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWM(COMPANY)	CEG(COMPANY)
Market Cap	$103B	$101B
Max Drawdown	91.56%	50.79%
Sharpe Ratio	1.85	0.43
5Y Beta	1.22	1.64
Industry	Aerospace & Defense	Utilities - Independent Power Producers
P/E Ratio	68.56	43.43
Forward P/E	52.36	28.09
PEG Ratio	1.42	3.74
Dividend Yield	0.18%	0.50%
5Y Dividends CAGR	105.35%	N/A
5Y EPS CAGR	41.40%	N/A
Debt to Equity	56.98%	50.58%
Free Cash Flow Yield	1.39%	1.28%
P/S Ratio	12.46	4.58
P/B Ratio	17.94	8.01

Market Cap

Winner

HWM

$103B

CEG

$101B

Max Drawdown

HWM

91.56%

Winner

CEG

50.79%

Sharpe Ratio

Winner

HWM

1.85

CEG

0.43

5Y Beta

Winner

HWM

1.22

CEG

1.64

Industry

HWM

Aerospace & Defense

CEG

Utilities - Independent Power Producers

P/E Ratio

HWM

68.56

Winner

CEG

43.43

Forward P/E

HWM

52.36

Winner

CEG

28.09

PEG Ratio

Winner

HWM

1.42

CEG

3.74

Dividend Yield

HWM

0.18%

Winner

CEG

0.50%

5Y Dividends CAGR

HWM

105.35%

CEG

N/A

5Y EPS CAGR

HWM

41.40%

CEG

N/A

Debt to Equity

HWM

56.98%

Winner

CEG

50.58%

Free Cash Flow Yield

Winner

HWM

1.39%

CEG

1.28%

P/S Ratio

HWM

12.46

Winner

CEG

4.58

P/B Ratio

HWM

17.94

Winner

CEG

8.01

HWM vs CEG - Historical Returns

Returns include dividend reinvestment.

Period	HWM	CEG
1 month	+8.14%	+6.81%
3 months	+20.07%	+11.71%
6 months	+30.88%	-15.07%
1 year	+72.06%	+12.77%
5 years(CAGR)	+52.17%	+51.88%
10 years(CAGR)	+33.51%	N/A
Max(CAGR)	+7.84%	+51.88%

Winner

HWM

+8.14%

CEG

+6.81%

Winner

HWM

+20.07%

CEG

+11.71%

Winner

HWM

+30.88%

CEG

-15.07%

Winner

HWM

+72.06%

CEG

+12.77%

5Y(CAGR)

Winner

HWM

+52.17%

CEG

+51.88%

10Y(CAGR)

HWM

+33.51%

CEG

N/A

Max(CAGR)

HWM

+7.84%

Winner

CEG

+51.88%

HWM vs CEG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HWM	CEG
2026	+27.76%	-16.99%
2025	+85.55%	+46.42%
2024	+104.17%	+95.47%
2023	+39.08%	+44.44%
2022	+22.25%	+64.11%
2021	+18.61%	N/A
2020	+18.07%	N/A
2019	+66.75%	N/A
2018	-38.58%	N/A
2017	+43.34%	N/A
2016	-11.00%	N/A
2015	-37.20%	N/A
2014	+51.25%	N/A
2013	+19.87%	N/A
2012	-4.70%	N/A
2011	-44.79%	N/A
2010	-6.68%	N/A
2009	+37.03%	N/A
2008	-67.90%	N/A
2007	+26.99%	N/A
2006	+2.35%	N/A
2005	-2.52%	N/A
2004	-14.74%	N/A
2003	+65.34%	N/A
2002	-34.82%	N/A
2001	+12.04%	N/A
2000	-15.93%	N/A
1999	+35.96%	N/A

HWM vs CEG Drawdown Comparison

The maximum drawdown for HWM was -88.29%, occurring on Mar 6, 2009. Recovery took 4184 trading sessions.

The maximum drawdown for CEG was -50.70%, occurring on Apr 4, 2025. Recovery took 129 trading sessions.

The current HWM drawdown is -0.81%. The current CEG drawdown is -24.65%.

Rank	HWM	CEG
#1	-88.29% Jul 13, 2007 - Feb 27, 2024	-50.70% Jan 24, 2025 - Jul 31, 2025
#2	-59.33% May 21, 2001 - May 23, 2007	-38.77% Oct 15, 2025 - Feb 5, 2026
#3	-44.73% Jan 5, 2000 - May 16, 2001	-27.64% May 28, 2024 - Sep 20, 2024
#4	-19.41% Feb 19, 2025 - May 1, 2025	-24.19% Nov 25, 2022 - Jul 20, 2023
#5	-15.89% Mar 2, 2026 - May 7, 2026	-21.53% Oct 4, 2024 - Jan 10, 2025
#6	-10.94% Jul 30, 2025 - Sep 22, 2025	-19.64% Feb 3, 2022 - Mar 25, 2022
#7	-10.33% Dec 4, 2024 - Jan 15, 2025	-19.64% Apr 19, 2022 - May 27, 2022
#8	-9.36% May 28, 2024 - Jul 30, 2024	-18.92% May 27, 2022 - Aug 3, 2022
#9	-9.35% Jul 31, 2024 - Aug 16, 2024	-15.70% Aug 4, 2025 - Oct 2, 2025
#10	-9.30% Mar 7, 2024 - May 2, 2024	-12.44% Nov 14, 2023 - Feb 1, 2024
#11	-8.94% Nov 10, 2025 - Dec 24, 2025	-9.06% Sep 19, 2022 - Oct 27, 2022
#12	-7.91% Jan 21, 2026 - Feb 9, 2026	-8.55% Nov 1, 2022 - Nov 22, 2022
#13	-7.59% Jun 18, 2007 - Jul 9, 2007	-8.50% Jan 10, 2025 - Jan 16, 2025
#14	-6.21% Oct 21, 2024 - Nov 6, 2024	-8.34% Mar 6, 2024 - Mar 25, 2024
#15	-6.19% Sep 30, 2025 - Oct 21, 2025	-6.87% Sep 14, 2023 - Oct 10, 2023

Correlation

Correlation between HWM and CEG is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

HWM vs CEG dividend yield comparison.

Year	HWM	CEG
2026	0.04%	0.14%
2025	0.21%	0.44%
2024	0.24%	0.63%
2023	0.31%	0.97%
2022	0.25%	0.65%
2021	0.13%	0.00%
2020	0.05%	0.00%
2019	0.39%	0.00%
2018	1.42%	0.00%
2017	0.88%	0.00%
2016	40.49%	0.00%
2015	1.22%	0.00%
2014	0.76%	0.00%
2013	1.13%	0.00%
2012	1.38%	0.00%
2011	1.39%	0.00%
2010	0.78%	0.00%
2009	1.61%	0.00%
2008	6.04%	0.00%
2007	1.86%	0.00%
2006	2.00%	0.00%
2005	2.03%	0.00%
2004	1.91%	0.00%
2003	1.58%	0.00%
2002	2.63%	0.00%
2001	1.69%	0.00%
2000	1.49%	0.00%
1999	0.02%	0.00%