Macroeconomic Context

Macroeconomic Context: HWM

Economic Environment Analysis (Data Only)

HWM • 2026-02-01

Overview: Economic & Company Trends

Economic Environment

Interest Rates
Inflation (Year-over-Year Change)
Real GDP Growth (Annualized Quarterly Rate)
Unemployment Rate
Economic Indicators Summary
Indicator Current Historical Avg Percentile Trend
Fed Funds Rate 3.72% 2.00% 71th ↓ Falling
10-Year Treasury 4.26% 2.65% 91th ↑ Rising
2-Year Treasury 3.56% 2.17% 71th ↑ Rising
CPI (All Items) YoY 3.0% 3.1% 67th → Stable
Core CPI YoY 2.9% 3.1% 55th → Stable
Real GDP Growth 4.40% 2.71% 79th ↑ Rising
Unemployment Rate 4.40% 4.65% 60th → Stable

Company Fundamentals

Revenue & FCF Growth (YoY)
Operating & Net Margin
ROE & ROA
EPS Trend

Stock Performance

Rolling 12-Month Returns

Data period: 2015-01 to 2026-01

Macro Sensitivity & Exposure Analysis

Analysis based on 1 companies. 0 used regression (sign-stable), 0 used trait-based heuristics. Exposures classified by direction, strength, and confidence.

HWM - Howmet Aerospace Inc.

Company Characteristics
Trait Classification Key Metric
Pricing Power Medium Gross Margin: 21.4%
Leverage Medium D/E: 0.62
Cyclicality High Score: 95
Duration Short Score: 15
Macro Sensitivity Profile
Macro Variable Direction Strength Confidence Interpretation
CPI ↑ Positive High Moderate High positive cpi exposure
GDP ↔ Mixed Moderate Unstable Moderate mixed gdp exposure
RATES ↑ Positive High Moderate High positive rates exposure
UNEMPLOYMENT ↓ Negative High Moderate High negative unemployment exposure
Level vs Change Sensitivity (Fundamentals)

Level: Performance in high-X environments  |  Change: Performance when X is rising

Variable Level Sensitivity Change Sensitivity
CPI Positive (high)
Performs better in high-inflation environments (high)
Positive (high)
Benefits when inflation rises (high)
RATES Positive (high)
Performs better in high-interest rate environments (high)
Positive (high)
Benefits when interest rates rise (high)
GDP Neutral
No significant sensitivity to GDP levels
Negative (moderate)
Hurt when GDP rises (moderate)
UNEMPLOYMENT Negative (high)
Performs worse in high-unemployment environments (high)
Negative (low)
Hurt when unemployment rises (low)
Macro Risks
  • Cpi falling
  • Rates falling
  • Unemployment rising
Macro Tailwinds
  • Cpi rising
  • Rates rising
  • Unemployment falling

Summary: HWM is positively exposed to inflation and positively exposed to interest rates. Key risks: cpi decreases, rates decreases.

Method: Mixed | Data: 43 quarters (2015Q1-2025Q3)