Howmet Aerospace reports Q4 adjusted EPS $1.05, consensus 97c

Reports Q4 revenue $2.2B, consensus $2.13B. Howmet Aerospace (HWM) Executive Chairman and Chief Executive Officer John Plant said, “The Howmet team delivered an exceptional quarter to cap a strong 2025. Revenue growth accelerated in the fourth quarter 2025 to 15% year over year, reflecting healthy growth in the commercial aerospace, defense aerospace, and gas turbines markets. Adjusted EBITDA* grew 29% year over year to $653 million and Adjusted EBITDA Margin* increased approximately 330 basis points to 30.1%, both records. Adjusted Earnings per Share* grew 42% to a record $1.05. Free Cash Flow for full year 2025 was $1.43 billion and 93% conversion of Net Income* after record capital expenditures of $453 million as Howmet continued to invest for growth.”