---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-055980"
form_type: "8-K"
ticker: "HWM"
cik: "0000004281"
company_name: "Howmet Aerospace Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:02:26.269613+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Howmet Q1 revenue record $1.82B (+14% YoY); raises FY guidance; adj. EPS $0.57 (+36%)

## Summary
- Revenue $1.82B (record), net income $243M vs $148M YoY; adj. EBITDA $437M (+21%), margin 24.0%.
- All end markets up; commercial aerospace +23%; Boeing 737 MAX assumptions cut to 20/month, but overall guidance raised $200M.
- Segment highlights: Engine Products EBITDA $249M (margin 28.1%); Fastening Systems EBITDA $92M (+59%); Forged Wheels margin 28.5%.
- Raised FY2024 guidance: revenue $7.30B (midpoint), adj. EPS $2.35, free cash flow $800M; Q2 guidance also above expectations.
- Repurchased $150M shares at $66.87; expect to increase quarterly dividend to $0.07 from $0.05 in Q3; Moody's upgraded to investment grade.

## SEC filing metadata
- accession: 0001104659-24-055980
- form_type: 8-K
- ticker: HWM
- cik: 0000004281
- company_name: Howmet Aerospace Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4281/000110465924055980/0001104659-24-055980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4281/000110465924055980/tm2413242d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-055980
- JSON: https://secwatch.observer/filing/0001104659-24-055980.json
- Plain text: https://secwatch.observer/filing/0001104659-24-055980.txt

## Key facts
- Earnings Releases
  Howmet Aerospace Inc. reported first quarter of 2024 results: revenue $1.82 billion, net income $243 million, EPS $0.59. Guidance raised.
  - Period: first quarter of 2024
  - Revenue: $1.82 billion
  - Net income: $243 million
  - EPS: $0.59
  - Guidance: raised
  - Result: reported results
  source text: Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased First Quarter 2024 GAAP Financial Results · Revenue of $1.82 billion, up 14% year over year, driven by commercial aerospace, up 23% · Net income of $243 million versus $148 million in the first quarter 2023; earnings per share of $0.59 versus
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000110465924055980/0001104659-24-055980-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.