earnings
confidence high
sentiment positive
materiality 0.80
Howmet Aerospace Q2 revenue record $2.05B (+9% YoY); raises FY2025 guidance across all metrics
Howmet Aerospace Inc.
2025-Q2 EPS reported
$1.84
revenue$3,995,000,000
- GAAP EPS $1.00 vs $0.65; Adjusted EPS $0.91 (+36% YoY); Adj. EBITDA $589M (+22%); margin 28.7%.
- Engine Products revenue $1.056B (+13%); Fastening Systems $431M (+9%); Engineered Structures $290M (+5%); Forged Wheels $276M (-1%).
- Repurchased $175M stock in Q2 and $100M in July at avg $142.36 and $182.90; dividend raised 20% to $0.12.
- Paid down $76M of USD Term Loan; FY2025 guidance raised: rev baseline $8.13B, Adj. EBITDA $2.32B, FCF $1.225B.
- Free cash flow $344M in Q2; cash from operations $446M; capex up ~60% in H1 2025 supporting growth.
item 2.02item 9.01