Howmet Aerospace Reports Record FY 2025 Performance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Source: PRnewswire
- Significant Revenue Growth: Howmet Aerospace achieved record revenue of $8.3 billion in FY 2025, an 11% increase year-over-year, primarily driven by a 12% growth in the commercial aerospace market, 21% in defense aerospace, and 25% in gas turbines, indicating strong demand and market positioning in the aerospace sector.
- Record Net Income: The company reported a net income of $1.5 billion for FY 2025, with earnings per share of $3.71, reflecting a 25% increase from $1.2 billion and a 32% increase from $2.81 per share in FY 2024, showcasing significant improvements in profitability and effective cost management.
- Strong Free Cash Flow: Howmet generated $1.43 billion in free cash flow for FY 2025, achieving a conversion rate of 93% of net income, demonstrating robust cash generation capabilities post capital expenditures, which supports future investments and shareholder returns.
- Stock Buybacks and Debt Management: The company repurchased $700 million of common stock and reduced debt by $265 million in FY 2025, reflecting proactive measures in optimizing capital structure and enhancing shareholder value.
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Analyst Views on HWM
Wall Street analysts forecast HWM stock price to fall
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 252.550
Low
209.00
Averages
236.77
High
258.00
Current: 252.550
Low
209.00
Averages
236.77
High
258.00
About HWM
Howmet Aerospace Inc. is a global provider of advanced engineered solutions for the aerospace and transportation industries. The Company’s primary business focus is on jet engine components, aerospace fastening systems, and airframe structural components. Its Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines and industrial gas turbine applications. Its Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial and other fasteners. Its Engineered Structures segment produces titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, titanium extrusions, and machining services for airframe, wing, aero-engine, and landing gear components. Its Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks and the commercial transportation market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Competitive Pressure: Amid Boeing's gradual recovery, sentiment around Airbus has notably shifted, with analysts noting that while Airbus delivered 793 aircraft in 2025, the decline in delivery numbers may affect its market share.
- Financial Performance Exceeds Expectations: Airbus reported an adjusted EBIT of €2.98 billion in the fourth quarter, surpassing market expectations of €2.87 billion, indicating the company's resilience in maintaining profitability despite challenges.
- Cautious Future Outlook: Airbus expects an adjusted EBIT of around €7.5 billion in 2026; however, the downward adjustment of delivery targets may heighten investor concerns regarding its long-term growth prospects.
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- Clear Use of Proceeds: The net proceeds from this bond offering will be combined with $600 million in commercial paper borrowings and cash to finance the approximately $1.8 billion acquisition plan, indicating the company's proactive strategic positioning for business expansion.
- Strong Underwriter Lineup: Citigroup Global Markets, Goldman Sachs, J.P. Morgan Securities, and SMBC Nikko Securities are acting as joint book-running managers for this offering, showcasing market trust and support for Howmet Aerospace.
- Compliance Statement: This offering is conducted under an effective registration statement with the SEC, ensuring compliance and transparency, which further enhances investor confidence and promotes a positive image for the company in the capital markets.
See More
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- Underwriting Team: The bond offering is being managed by Citigroup Global Markets, Goldman Sachs, J.P. Morgan, and SMBC Nikko Securities, showcasing strong market confidence and support for Howmet Aerospace.
- Compliance Statement: The announcement clarifies that the bond offering does not constitute an offer to sell or solicit purchases, with all related documents filed with the SEC, ensuring compliance and transparency.
See More
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See More
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- Curtiss-Wright Contract Win: Curtiss-Wright has been selected by Boeing to supply mission computers for the U.S. Air Force's C-17 Globemaster III, with an estimated contract value exceeding $400 million, enhancing the operational life of this critical military platform and reinforcing Curtiss-Wright's pivotal role in defense modernization.
See More
