---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000226"
form_type: "8-K"
ticker: "HWM"
cik: "0000004281"
company_name: "Howmet Aerospace Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:53:56.704301+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Howmet Q4 rev $1.7B (+14%), Adj EPS $0.53 (+39%); FY rev $6.6B (+17%); FY24 rev guidance $7.1B midpoint

## Summary
- Q4 2023 revenue $1.7B (+14% YoY); net income $236M ($0.57 EPS); adjusted EPS $0.53 (+39% YoY).
- FY2023 revenue $6.6B (+17% YoY); adjusted EBITDA $1.5B (+18%); free cash flow $682M.
- FY2024 guidance: revenue $7.0-7.2B (~+7% YoY); adj. EPS $2.10-2.20; FCF $700-770M.
- In 2023, deployed $800M for debt paydown ($476M), share repurchases ($250M), and dividends ($73M).
- S&P upgraded Howmet to BBB-; company now investment grade by two of three rating agencies.

## SEC filing metadata
- accession: 0001157523-24-000226
- form_type: 8-K
- ticker: HWM
- cik: 0000004281
- company_name: Howmet Aerospace Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4281/000115752324000226/0001157523-24-000226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4281/000115752324000226/a54895480.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000226
- JSON: https://secwatch.observer/filing/0001157523-24-000226.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000226.txt

## Key facts
- Earnings Releases
  Howmet Aerospace Inc. reported Full Year 2023 results: revenue $6.6 billion, net income $766 million, EPS $1.84.
  - Period: Full Year 2023
  - Revenue: $6.6 billion
  - Net income: $766 million
  - EPS: $1.84
  - Result: reported results
  source text: end of quarter of $610 million, including impacts of debt redemption, common stock repurchases and $0.05 per share dividend on common stock Full Year 2023 Highlights Revenue of $6.6 billion, up 17% year over year, driven by commercial aerospace, up 24% year over year Net income of $765 million, or $1.83 per share, versus $469 million, or $1.11 per share, in the full
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000115752324000226/0001157523-24-000226-index.htm
- Earnings Releases
  Howmet Aerospace Inc. reported Fourth Quarter 2023 results: revenue $1.7 billion, net income $218 million, EPS $0.53.
  - Period: Fourth Quarter 2023
  - Revenue: $1.7 billion
  - Net income: $218 million
  - EPS: $0.53
  - Result: reported results
  source text: Revenue Growth of Approx. 7% and Improved Cash Generation PITTSBURGH--(BUSINESS WIRE)--February 13, 2024--Howmet Aerospace (NYSE:HWM): Fourth Quarter 2023 Highlights Revenue of $1.7 billion, up 14% year over year, driven by commercial aerospace, up 22% year over year Net income of $236 million versus $111 million in the fourth quarter 2022; earnings per share of
  evidence_url: https://www.sec.gov/Archives/edgar/data/4281/000115752324000226/0001157523-24-000226-index.htm

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