earnings
confidence high
sentiment positive
materiality 0.80
Howmet Aerospace Q1 record revenue $1.94B, up 6%; raises FY guidance for adj. EBITDA, EPS, FCF
Howmet Aerospace Inc.
2025-Q1 EPS reported
$0.84
revenue$1,942,000,000
- Q1 revenue of $1.94B (record), up 6% YoY; GAAP EPS $0.84 vs $0.59; adj. EPS $0.86, up 51%.
- Adjusted EBITDA $560M, margin 28.8% (+480bps); raised FY 2025 adj. EBITDA guidance to $2.225-2.275B.
- Commercial aerospace up 9%; Forged Wheels down 13% on lower commercial transport volumes.
- Repurchased $125M in Q1 and $100M in April; dividend doubled to $0.10/sh; Fitch upgraded to BBB+.
- Free cash flow $134M, up from $95M; FY 2025 FCF guidance raised to $1.1-1.2B.