The earnings call presented a strong performance with significant revenue growth, increased cash flow, and positive market expansions in defense and industrial sectors. Despite challenges in commercial transportation and potential supply chain risks, the overall financial performance and increased guidance suggest a favorable outlook.

Company Guidance

During the Howmet Aerospace Second Quarter 2025 Earnings Conference Call, the company reported robust financial performance with a revenue increase of 9% year-over-year, reaching $2.53 billion, surpassing the high end of guidance. EBITDA margins were strong at 28.7%, a 300 basis point improvement year-over-year, leading to an EBITDA of $589 million. Free cash flow was reported at $344 million, enabling share repurchases of $175 million in the quarter and $300 million in the first half, with an additional $100 million completed in July. A 20% increase in the common stock dividend to $0.12 per quarter was announced. Earnings per share rose by 36% year-over-year to $0.91. In terms of market performance, commercial aerospace revenue increased by 8%, defense aerospace by 21%, and the industrial sector by 17%. The company also highlighted a healthy cash balance of $546 million and continued debt reduction, with a net debt to trailing EBITDA ratio improving to 1.3x. Looking ahead, Howmet increased its full-year guidance, projecting revenue of $8.13 billion, EBITDA of $2.32 billion, and free cash flow of $1.225 billion.

Record Revenue and Growth

Revenue growth increased 9% year-over-year to $2.53 billion, exceeding the high end of guidance. EBITDA margins rose by 300 basis points to 28.7%.

Strong Cash Flow and Shareholder Returns

Free cash flow was $344 million, enabling $175 million in share repurchases and a 20% increase in common stock dividend to $0.12 per quarter.

Defense and Industrial Market Expansion

Defense aerospace revenue reached a record $352 million, up 21%. Industrial and other markets grew by 17%, driven by oil and gas (up 26%) and IGT (up 25%).

Engine Products Segment Performance

Engine Products delivered record revenue of $1.056 billion, up 13%, with an EBITDA margin of 33%.

Positive Outlook and Increased Guidance

Guidance for the full year has increased, with projected revenue at $8.13 billion, EBITDA at $2.32 billion, and free cash flow at $1.225 billion.

Howmet Aerospace (HWM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HWM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.91 / -	0.71	―	―	―
Jul 31, 2025	2025 (Q2)	0.87 / 0.91	0.67	35.82% (+0.24)
May 01, 2025	2025 (Q1)	0.78 / 0.86	0.57	50.88% (+0.29)
Feb 13, 2025	2024 (Q4)	0.72 / 0.74	0.53	39.62% (+0.21)
Nov 06, 2024	2024 (Q3)	0.65 / 0.71	0.46	54.35% (+0.25)
Jul 30, 2024	2024 (Q2)	0.60 / 0.67	0.44	52.27% (+0.23)
May 02, 2024	2024 (Q1)	0.52 / 0.57	0.42	35.71% (+0.15)
Feb 13, 2024	2023 (Q4)	0.47 / 0.53	0.38	39.47% (+0.15)
Nov 02, 2023	2023 (Q3)	0.43 / 0.46	0.36	27.78% (+0.10)
Aug 01, 2023	2023 (Q2)	0.43 / 0.44	0.35	25.71% (+0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HWM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$192.01	$179.65	-6.44%
May 01, 2025	$138.40	$147.84	+6.82%
Feb 13, 2025	$127.92	$127.91	>-0.01%
Nov 06, 2024	$101.88	$114.54	+12.43%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Howmet Aerospace (HWM) report earnings?

Howmet Aerospace (HWM) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Howmet Aerospace (HWM) earnings time?

Howmet Aerospace (HWM) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HWM EPS forecast?

HWM EPS forecast for the fiscal quarter 2025 (Q3) is 0.91.

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