---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001618"
form_type: "8-K"
ticker: "HWM"
cik: "0000004281"
company_name: "Howmet Aerospace Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:15:35.617716+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Howmet Q3 revenue $1.66B (+16% YoY); raises FY2023 outlook; dividend up 25%

## Summary
- Revenue $1.66B (+16% YoY), commercial aerospace up 23%; net income $188M vs $80M YoY.
- Adjusted EPS $0.46 (+28% YoY); adjusted EBITDA $382M (+18%); operating margin 18.5%.
- Raised FY2023 guidance: revenue $6.545B baseline, adj. EBITDA $1.485B, adj. EPS $1.77.
- Redeemed $200M of 5.125% notes due 2024, repurchased $25M stock, increased dividend to $0.05/share (+25%).
- Fitch upgraded to BBB; Moody's outlook raised to positive.

## SEC filing metadata
- accession: 0001157523-23-001618
- form_type: 8-K
- ticker: HWM
- cik: 0000004281
- company_name: Howmet Aerospace Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4281/000115752323001618/0001157523-23-001618-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4281/000115752323001618/a53734945.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001618
- JSON: https://secwatch.observer/filing/0001157523-23-001618.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001618.txt

## Key facts
- Earnings Releases
  Howmet Aerospace Inc. reported third quarter of 2023 results: revenue $1.66 billion, net income $188 million, EPS $0.45. Guidance reaffirmed.
  - Period: third quarter of 2023
  - Revenue: $1.66 billion
  - Net income: $188 million
  - EPS: $0.45
  - Guidance: reaffirmed
  - Result: reported results
  source text: 2024 Preliminary Revenue Growth Guidance Approximately 7% PITTSBURGH--(BUSINESS WIRE)--November 2, 2023--Howmet Aerospace (NYSE:HWM): Third Quarter 2023 Highlights Revenue of $1.66 billion, up 16% year over year, driven by commercial aerospace, up 23% year over year Net income of $188 million versus $80 million in the third quarter 2022; earnings per share of $0.45
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000115752323001618/0001157523-23-001618-index.htm

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