Howmet Aerospace Inc.

HWM Industrials Aerospace & Defense

Howmet Aerospace Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 11.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.1%, EPS grew 31.7%, free cash flow grew 38.0% and total debt rose 24.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five.

199.61 6.33 −3.07%
Market cap
$82.1B
P/E
42.8×
Fwd P/E
33.7×
Dividend yield
0.32%
F-score
8/9
Altman Z
10.60
Beneish M
−2.55
Dividend safety
78/100

Howmet Aerospace Inc. 10-Q filed Oct 29, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 4:40 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 6, 2026: 38 modified; 5 with only figures updated

  1. Modified · Earnings Summary:

    Sales. Sales were $2,5472,703 in the secondthird quarter of 2026 compared to $2,0532,089 in the secondthird quarter of 2025, and $4,8607,563 in the sixnine months ended JuneSeptember 30, 2026 compared to $3,9956,084 in the sixnine months ended JuneSeptember 30, 2025. The increase of $494614, or 2429%, in the secondthird quarter of 2026 and the increase of $8651,479, or 2224% in the sixnine months ended JuneSeptember 30, 2026, was primarily due to growth in the commercial and defense aerospace and , gas turbines , and commercial transportation markets, including growth in engine spares, favorable product pricing, cost pass through, and sales from the Consolidated Aerospace Manufacturing, LLC (“CAM”) and Brunner Manufacturing Co. Inc. (“Brunner”) acquisitions from the dates they were acquired by the Company, partially offset by lower volumes in the commercial transportation market and the disk forging facility divestiture on March 31, 2026. Product price increases are in excess of material and inflationary cost pass through to our customers.

37 more changes in this Item, word by word, in Powerpack.