secwatch.observer — SEC 8-K summary
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Issuer:     Howmet Aerospace Inc. (HWM)
CIK:        0000004281
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001104659-25-072451
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Howmet Aerospace Q2 revenue record $2.05B (+9% YoY); raises FY2025 guidance across all metrics
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4281/000110465925072451/0001104659-25-072451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4281/000110465925072451/tm2522109d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-072451

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