TPC vs. HWM
TPC (Tutor Perini Corporation) and HWM (Howmet Aerospace Inc.) are both stocks. Both are in the Industrials sector — TPC in Engineering & Construction, HWM in Aerospace & Defense. Over the past 10 years, TPC returned 12.65%/yr vs 33.28%/yr for HWM. At a 0.26 correlation, their price movements are largely independent.
Performance
TPC vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, TPC achieves a 11.97% return, which is significantly lower than HWM's 29.23% return. Over the past 10 years, TPC has underperformed HWM with an annualized return of 12.65%, while HWM has yielded a comparatively higher 33.28% annualized return.
TPC
- 1D
- 1.78%
- 1M
- -7.02%
- YTD
- 11.97%
- 6M
- 11.44%
- 1Y
- 75.81%
- 3Y*
- 120.04%
- 5Y*
- 38.76%
- 10Y*
- 12.65%
HWM
- 1D
- 0.03%
- 1M
- -3.09%
- YTD
- 29.23%
- 6M
- 33.60%
- 1Y
- 54.66%
- 3Y*
- 79.69%
- 5Y*
- 50.00%
- 10Y*
- 33.28%
TPC vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPC Tutor Perini Corporation | 11.97% | 177.18% | 165.93% | 20.53% | -38.97% | -4.48% | 0.70% | -19.47% | -37.00% | -9.46% |
HWM Howmet Aerospace Inc. | 29.23% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between TPC and HWM is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 3, 1973 | 0.26 |
The correlation between TPC and HWM shifts across timeframes, from 0.26 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TPC:
$4.03B
HWM:
$106.66B
TPC:
$2.35
HWM:
$4.31
TPC:
31.89
HWM:
61.42
TPC:
0.71
HWM:
12.42
TPC:
3.32
HWM:
19.32
TPC:
$5.69B
HWM:
$8.62B
TPC:
$667.75M
HWM:
$2.81B
TPC:
$285.88M
HWM:
$2.66B
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Return for Risk
TPC vs. HWM — Risk / Return Rank
TPC
HWM
TPC vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tutor Perini Corporation (TPC) and Howmet Aerospace Inc. (HWM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TPC | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 3.46 | -0.86 |
| Martin ratioReturn relative to average drawdown | 7.47 | 9.77 | -2.30 |
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Drawdowns
TPC vs. HWM - Drawdown Comparison
The maximum TPC drawdown since its inception was -95.89%, which is greater than HWM's maximum drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for TPC and HWM.
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Drawdown Indicators
| TPC | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.89% | -88.30% | -7.59% |
Max Drawdown (1Y)Largest decline over 1 year | -29.33% | -15.89% | -13.44% |
Max Drawdown (3Y)Largest decline over 3 years | -40.94% | -19.41% | -21.53% |
Max Drawdown (5Y)Largest decline over 5 years | -67.46% | -21.61% | -45.85% |
Max Drawdown (10Y)Largest decline over 10 years | -91.02% | -64.81% | -26.21% |
Current DrawdownCurrent decline from peak | -22.95% | -3.26% | -19.69% |
Average DrawdownAverage peak-to-trough decline | -51.96% | -31.00% | -20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.18% | 5.61% | +4.57% |
Volatility
TPC vs. HWM - Volatility Comparison
Tutor Perini Corporation (TPC) has a higher volatility of 14.19% compared to Howmet Aerospace Inc. (HWM) at 11.03%. This indicates that TPC's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPC | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 11.03% | +3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 38.23% | 25.03% | +13.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.98% | 31.46% | +15.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.36% | 32.20% | +23.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.08% | 39.82% | +25.26% |
Dividends
TPC vs. HWM - Dividend Comparison
TPC's dividend yield for the trailing twelve months is around 0.24%, more than HWM's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 0.18% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
TPC Tutor Perini Corporation | 0.24% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TPC vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Tutor Perini Corporation and Howmet Aerospace Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TPC vs. HWM - Profitability Comparison
TPC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported a gross profit of 154.63M and revenue of 1.39B. Therefore, the gross margin over that period was 11.1%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
TPC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported an operating income of 59.18M and revenue of 1.39B, resulting in an operating margin of 4.3%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
TPC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported a net income of 73.49M and revenue of 1.39B, resulting in a net margin of 5.3%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
TPC and HWM have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPC has higher volatility (14.19%) compared to HWM (11.03%). In terms of maximum drawdown, TPC dropped -95.89% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.75 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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