The earnings call presented a strong performance with significant revenue growth, improved EBITDA margins, increased dividends, and enhanced guidance. However, there were some challenges in commercial transportation and aerospace destocking.

Company Guidance -

Q3 2025

During the second quarter of 2025, Howmet Aerospace delivered strong financial results, surpassing guidance expectations. Revenue increased by 9% year-over-year to $2.53 billion, with EBITDA margins improving to 28.7%, up 300 basis points year-over-year, resulting in an EBITDA of $589 million. Free cash flow was robust at $344 million, enabling share repurchases totaling $300 million in the first half and $100 million in July, alongside $76 million in debt repayment. Earnings per share saw a significant increase of 36% year-over-year to $0.91. The company announced a 20% increase in the quarterly dividend to $0.12 per share. In terms of business segments, Forged Wheels maintained a strong margin of 27.5%, while Engineered Structures achieved an EBITDA margin of 21.4%. Howmet's overall revenue growth was driven by a 40% increase in spares across commercial aerospace, defense aerospace, and industrial gas turbines. Guidance for the third quarter anticipates revenue of $2.03 billion, EBITDA of $580 million, and EPS of $0.90, with full-year guidance revised upward to reflect increased revenue, EBITDA, and free cash flow expectations.

Record Revenue and Growth

Revenue increased by 9% year-over-year, breaking the $2 billion mark at $2.53 billion and exceeding the high end of guidance.

Strong EBITDA Performance

EBITDA margins were healthy at 28.7%, up 300 basis points year-over-year, with a total EBITDA of $589 million.

Free Cash Flow and Share Repurchases

Free cash flow was $344 million, enabling $175 million in share repurchases for the quarter, totaling $300 million in the first half, with an additional $100 million already completed in July.

Increased Dividend

Announced an increase in the common stock dividend to $0.12 per quarter starting in August, a 20% increase quarter-over-quarter.

Earnings Per Share Growth

Earnings per share was $0.91, an increase of 36% year-over-year.

Defense Aerospace Growth

Defense aerospace achieved record quarterly revenue of $352 million, up 21%, driven by engine spares, new engine builds, and F-35 structures.

Increased Guidance

Full-year guidance for revenue, EBITDA, and EPS has been increased, with revenue now expected to reach $8.13 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)	0.90 / -	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	$192.14	$179.77	-6.44%
May 01, 2025	$138.49	$147.94	+6.82%
Feb 13, 2025	$128.01	$128.00	>-0.01%
Nov 06, 2024	$101.94	$114.62	+12.44%

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 Inc. (HWM) report earnings?

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

What is Howmet Aerospace Inc. (HWM) earnings time?

Howmet Aerospace Inc. (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 0.9.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing