Howmet Aerospace Stock Hits New High as Earnings, Guidance, Cash Flow Impress
Howmet Aerospace Inc. (NYSE: HWM ) reported better-than-expected second-quarter results Thursday and raised its full-year outlook, sending the stock higher following the release. Shares gained as investors responded to the earnings and revenue beats, stronger margins, robust cash generation and increased 2026 guidance. Adjusted earnings were $1.33 a share, beating the $1.25 estimate. Revenue rose 24% year over year to $2.547 billion, above the $2.428 billion estimate. Organic growth was 21%, while GAAP EPS increased to $1.33 from $1 a year earlier. • Howmet Aerospace stock is showing upward bias. What should traders watch with HWM? Profitability and Market Growth Adjusted EBITDA rose 39% to $817 million, with margin expanding 340 basis points to 32.1%. GAAP operating income increased 36% to $711 million, and operating margin improved to 27.9%. Management said key results exceeded the...
Howmet Aerospace Inc. (NYSE: HWM ) reported better-than-expected second-quarter results Thursday and raised its full-year outlook, sending the stock higher following the release. Shares gained as investors responded to the earnings and revenue beats, stronger margins, robust cash generation and increased 2026 guidance. 25 estimate.
428 billion estimate. 33 from $1 a year earlier. • Howmet Aerospace stock is showing upward bias. What should traders watch with HWM?
1%. 9%. Management said key results exceeded the high end of guidance. Commercial aerospace revenue grew 28%, gas turbines rose 38% and defense aerospace increased 11%.
Management cited record aircraft backlogs, higher engine spares demand and strength in defense and gas turbines, while commercial transportation began to recover. 373 billion. 7%. Fastening Systems revenue grew 37% to $589 million, including contributions from the CAM and Brunner acquisitions.
1% margin. Engineered Structures revenue declined 13% to $269 million following the Savannah disk forging facility divestiture and product rationalization. 8%. Forged Wheels revenue increased 14% to $316 million despite an 8% volume decline, while adjusted EBITDA rose 16% to $88 million.
Cash Flow and Capital Returns Operating cash flow was $583 million, while free cash flow totaled $479 million. Ending cash, cash equivalents and restricted cash were $564 million. 4 times. Howmet repaid $186 million of debt, repurchased $300 million of stock during the quarter and another $200 million in July.
It also increased its quarterly dividend 17% to 14 cents a share. 06 estimate. 753 billion estimate. 95 billion.
Howmet identified tariffs, trade policies, energy costs, supply-chain disruption and regulatory risks as potential headwinds. 02 at the time of publication on Thursday. The stock traded at a new 52-week high earlier in the day, according to Pro data. 94 Billion In Value After Earnings Photo: Shutterstock