---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001202"
form_type: "8-K"
ticker: "HWM"
cik: "0000004281"
company_name: "Howmet Aerospace Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:30:19.627548+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Howmet Q2 revenue $1.65B (+18% YoY), raises FY guidance, plans dividend increase

## Summary
- Revenue $1.65B (+18% YoY); adjusted EPS $0.44 vs $0.35 YoY.
- FY 2023 guidance raised: revenue $6.44B midpoint, adj. EBITDA $1.445B.
- $100M share repurchases in Q2 at avg $44.52; $822M authorization remains.
- Plans $200M redemption of 5.125% Notes due 2024 to cut annual interest ~$10M.
- Expects to increase quarterly dividend 25% to $0.05/sh in Q4 2023.

## SEC filing metadata
- accession: 0001157523-23-001202
- form_type: 8-K
- ticker: HWM
- cik: 0000004281
- company_name: Howmet Aerospace Inc.
- filed_at: 2023-08-01T23:59:59+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/4281/000115752323001202/0001157523-23-001202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4281/000115752323001202/a53492701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001202
- JSON: https://secwatch.observer/filing/0001157523-23-001202.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001202.txt

## Key facts
- Earnings Releases
  Howmet Aerospace Inc. reported Full Year 2023 results: revenue $6.440B, EPS $1.70. Guidance raised.
  - Period: Full Year 2023
  - Revenue: $6.440B
  - EPS: $1.70
  - Guidance: raised
  - Result: guidance update
  source text: and $0.04 per share dividend on common stock 2023 Guidance Q3 2023 Guidance FY 2023 Guidance Low Baseline High Low Baseline High Revenue $1.580B $1.590B $1.600B $6.400B $6.440B $6.470B Adj. EBITDA *1 $355M $360M $365M $1.435B $1.445B $1.455B Adj. EBITDA Margin *1 22.5% 22.6% 22.8% 22.4% 22.4% 22.5% Adj. Earnings per Share *1 $0.41 $0.42 $0.43 $1.69
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000115752323001202/0001157523-23-001202-index.htm
- Earnings Releases
  Howmet Aerospace Inc. reported the second quarter of 2023 results: revenue $1.65 billion, net income $193 million, EPS $0.46 per share. Guidance raised.
  - Period: the second quarter of 2023
  - Revenue: $1.65 billion
  - Net income: $193 million
  - EPS: $0.46 per share
  - Guidance: raised
  - Result: reported results
  source text: Second Quarter 2023 Highlights Revenue of $1.65 billion, up 18% year over year, driven by commercial aerospace, up 23% year over year Net income of $193 million, or $0.46 per share, versus $147 million, or $0.35 per share, in the second quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000115752323001202/0001157523-23-001202-index.htm

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