Howmet Aerospace Reports Stellar Q3 2025 Results with Record Revenue and Strong Cash Flow

Howmet Aerospace Reports Impressive Q3 2025 Results

Pittsburgh, PA (October 30, 2025) – Howmet Aerospace (NYSE: HWM) has released its financial results for the third quarter of 2025, marking a significant achievement with a record revenue of $2.09 billion. This represents an impressive 14% increase year-over-year, attributed primarily to robust growth in the commercial aerospace sector. The company also highlighted its net income of $385 million, translating to earnings of $0.95 per share, which surpasses the $332 million reported in the same quarter of the previous year.

The quarterly revenue growth was propelled by a 15% boost in the commercial aerospace segment, alongside a 24% expansion in the defense aerospace market and an 18% increase in industrial and other sectors. However, the commercial transportation segment did experience a slight decline of 3%. This balanced growth illustrates Howmet's ability to maintain strong financial health despite market fluctuations.

John Plant, Executive Chairman and CEO of Howmet Aerospace expressed his optimism regarding the results: "Our team delivered a very strong performance in Q3, with results beating guidance on all fronts. Revenue growth has accelerated, demonstrating healthy demand across our major markets, including commercial and defense aerospace. We also achieved a solid adjusted EBITDA margin of 29.4%, which is a testament to our operational efficiency."

The company generated an impressive cash flow of $531 million from operations for the quarter. Out of this, $200 million was allocated to stock repurchases, along with a noteworthy dividend increase to $0.12 per share, a 20% growth from Q2 2025. This not only signifies confidence in their financial stability but also a commitment to shareholder value.

In terms of earnings before interest, taxes, depreciation, and amortization (EBITDA), Howmet reported an adjusted figure of $614 million, marking a 26% rise from last year, and demonstrating a solid EBITDA margin excluding special items of 29.4%. With free cash flow reaching $423 million, the company continues to make significant investments in growth, supported by ongoing customer contracts.

Upcoming Guidance and Future Outlook

Looking ahead, Howmet Aerospace has raised its projections for full-year 2025, anticipating revenue to be in the vicinity of $8.175 billion to $8.195 billion. For 2026, the company foresees a revenue increase of approximately 10%, expecting to reach around $9 billion. This positive outlook is bolstered by continued growth in air traffic and a significant backlog of commercial aircraft that extends through the decade, suggesting robust demand for both new commercial equipment and engine parts.

Mr. Plant continued: "Our outlook for 2026 indicates that the markets we serve remain solid. We are witnessing steady growth in air travel, and our customers are increasingly reliant on us for critical components. However, we do acknowledge the challenges in the commercial transportation market, and we will navigate this landscape carefully."

As part of their ongoing financial strategy, there has also been a focus on debt reduction, with Howmet successfully paying down $63 million of its USD-denominated term loan during the quarter, leading to an annualized interest expense savings of approximately $4 million. Furthermore, the company received an upgrade from Standard & Poor’s rating agency, improving its long-term issuer credit rating from BBB to BBB+.

The company will hold a quarterly conference call today at 10 AM Eastern Time, further discussing these results and future developments. Investors and stakeholders are encouraged to view the details via the Howmet website. As a leader in aerospace solutions, Howmet Aerospace continues to drive innovation and operational excellence in meeting the demands of the modern aerospace and transportation sectors.

In summary, Howmet Aerospace's Q3 results redefine their position in the aerospace market, showcasing exceptional growth and a commitment to delivering value to their shareholders. As they continue to expand their business, they remain focused on securing a sustainable and prosperous future.