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Side-by-side financial comparison of Assurant (AIZ) and Howmet Aerospace (HWM). Click either name above to swap in a different company.

Assurant is the larger business by last-quarter revenue ($3.4B vs $2.3B, roughly 1.5× Howmet Aerospace). Howmet Aerospace runs the higher net margin — 25.1% vs 8.0%, a 17.1% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (19.0% vs 11.3%). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (10.9% CAGR vs 8.1%).

Assurant, Inc. is a global provider of risk management products and services with headquarters in Atlanta. Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company's main operating segments are Global Housing and Global Lifestyle.

Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

AIZ vs HWM — Head-to-Head

Bigger by revenue
AIZ
AIZ
1.5× larger
AIZ
$3.4B
$2.3B
HWM
Growing faster (revenue YoY)
HWM
HWM
+7.7% gap
HWM
19.0%
11.3%
AIZ
Higher net margin
HWM
HWM
17.1% more per $
HWM
25.1%
8.0%
AIZ
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
10.9%
8.1%
AIZ

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AIZ
AIZ
HWM
HWM
Revenue
$3.4B
$2.3B
Net Profit
$274.1M
$580.0M
Gross Margin
Operating Margin
32.6%
Net Margin
8.0%
25.1%
Revenue YoY
11.3%
19.0%
Net Profit YoY
87.0%
EPS (diluted)
$5.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIZ
AIZ
HWM
HWM
Q1 26
$3.4B
$2.3B
Q4 25
$3.4B
$2.2B
Q3 25
$3.2B
$2.1B
Q2 25
$3.2B
$2.1B
Q1 25
$3.1B
$1.9B
Q4 24
$3.1B
$1.9B
Q3 24
$3.0B
$1.8B
Q2 24
$2.9B
$1.9B
Net Profit
AIZ
AIZ
HWM
HWM
Q1 26
$274.1M
$580.0M
Q4 25
$225.2M
$372.0M
Q3 25
$265.6M
$385.0M
Q2 25
$235.3M
$407.0M
Q1 25
$146.6M
$344.0M
Q4 24
$201.3M
$314.0M
Q3 24
$133.8M
$332.0M
Q2 24
$188.7M
$266.0M
Operating Margin
AIZ
AIZ
HWM
HWM
Q1 26
32.6%
Q4 25
8.5%
22.6%
Q3 25
10.2%
25.9%
Q2 25
9.2%
25.4%
Q1 25
6.0%
25.4%
Q4 24
8.1%
23.5%
Q3 24
5.1%
22.9%
Q2 24
8.0%
21.2%
Net Margin
AIZ
AIZ
HWM
HWM
Q1 26
8.0%
25.1%
Q4 25
6.7%
17.2%
Q3 25
8.2%
18.4%
Q2 25
7.4%
19.8%
Q1 25
4.8%
17.7%
Q4 24
6.5%
16.6%
Q3 24
4.5%
18.1%
Q2 24
6.5%
14.1%
EPS (diluted)
AIZ
AIZ
HWM
HWM
Q1 26
$5.41
Q4 25
$4.37
$0.92
Q3 25
$5.17
$0.95
Q2 25
$4.56
$1.00
Q1 25
$2.83
$0.84
Q4 24
$3.86
$0.76
Q3 24
$2.55
$0.81
Q2 24
$3.58
$0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIZ
AIZ
HWM
HWM
Cash + ST InvestmentsLiquidity on hand
$2.4M
Total DebtLower is stronger
$450.0K
Stockholders' EquityBook value
$5.9B
$5.5M
Total Assets
$35.8B
$13.1M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIZ
AIZ
HWM
HWM
Q1 26
$2.4M
Q4 25
$1.8B
$742.0M
Q3 25
$1.7B
$659.0M
Q2 25
$1.5B
$545.0M
Q1 25
$1.7B
$536.0M
Q4 24
$1.8B
$564.0M
Q3 24
$1.8B
$475.0M
Q2 24
$1.7B
$752.0M
Total Debt
AIZ
AIZ
HWM
HWM
Q1 26
$450.0K
Q4 25
$3.0B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Stockholders' Equity
AIZ
AIZ
HWM
HWM
Q1 26
$5.9B
$5.5M
Q4 25
$5.9B
$5.4B
Q3 25
$5.8B
$5.1B
Q2 25
$5.5B
$5.0B
Q1 25
$5.2B
$4.8B
Q4 24
$5.1B
$4.6B
Q3 24
$5.3B
$4.5B
Q2 24
$5.0B
$4.3B
Total Assets
AIZ
AIZ
HWM
HWM
Q1 26
$35.8B
$13.1M
Q4 25
$36.3B
$11.2B
Q3 25
$35.8B
$11.2B
Q2 25
$35.5B
$11.0B
Q1 25
$35.0B
$10.8B
Q4 24
$35.0B
$10.5B
Q3 24
$35.3B
$10.6B
Q2 24
$33.8B
$10.7B
Debt / Equity
AIZ
AIZ
HWM
HWM
Q1 26
0.08×
Q4 25
0.57×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.75×
Q2 24
0.86×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIZ
AIZ
HWM
HWM
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$359.0M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIZ
AIZ
HWM
HWM
Q1 26
Q4 25
$671.0M
$654.0M
Q3 25
$505.0M
$531.0M
Q2 25
$265.5M
$446.0M
Q1 25
$392.4M
$253.0M
Q4 24
$102.8M
$480.0M
Q3 24
$436.5M
$244.0M
Q2 24
$710.9M
$397.0M
Free Cash Flow
AIZ
AIZ
HWM
HWM
Q1 26
$359.0M
Q4 25
$611.7M
$530.0M
Q3 25
$442.1M
$423.0M
Q2 25
$205.6M
$344.0M
Q1 25
$339.0M
$134.0M
Q4 24
$34.8M
$378.0M
Q3 24
$389.4M
$162.0M
Q2 24
$655.5M
$342.0M
FCF Margin
AIZ
AIZ
HWM
HWM
Q1 26
15.5%
Q4 25
18.3%
24.4%
Q3 25
13.7%
20.2%
Q2 25
6.5%
16.8%
Q1 25
11.0%
6.9%
Q4 24
1.1%
20.0%
Q3 24
13.1%
8.8%
Q2 24
22.4%
18.2%
Capex Intensity
AIZ
AIZ
HWM
HWM
Q1 26
9.3%
Q4 25
1.8%
5.7%
Q3 25
1.9%
5.2%
Q2 25
1.9%
5.0%
Q1 25
1.7%
6.1%
Q4 24
2.2%
5.4%
Q3 24
1.6%
4.5%
Q2 24
1.9%
2.9%
Cash Conversion
AIZ
AIZ
HWM
HWM
Q1 26
Q4 25
2.98×
1.76×
Q3 25
1.90×
1.38×
Q2 25
1.13×
1.10×
Q1 25
2.68×
0.74×
Q4 24
0.51×
1.53×
Q3 24
3.26×
0.73×
Q2 24
3.77×
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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