David J. Miller
On May 7, 2025, David J. Miller, a director of Howmet Aerospace Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) of his decision to resign from the Board, effective immediately.
Highest-materiality recent filing
Autodesk to acquire MaintainX for approx $3.6B, strengthening operations platform
Autodesk (ADSK) entered definitive agreement to acquire MaintainX for ~$3.6 billion in all-cash transaction.
Howmet Q1 revenue up 19% to $2.31B; GAAP EPS $1.44; raises FY2026 guidance
Revenue $2,313M (+19% YoY); GAAP EPS $1.44 (+71%); Adjusted EPS $1.22 (+42%).
Howmet completes $1.8B cash acquisition of Consolidated Aerospace from Stanley Black & Decker
Acquired Consolidated Aerospace Manufacturing, LLC for ~$1.8 billion cash on April 6, 2026.
Howmet Investor Day Targets $2B+ Gas Turbine Revenue, Sees Aero Growth
Gas turbines revenue expected to double from ~$1B in 2025 to >$2B in next 3-5 years.
Howmet closes $1.2B note offering to fund Consolidated Aerospace acquisition
Issued $400M 3.750% notes due 2028, $300M 3.900% notes due 2029, $500M 4.750% notes due 2036.
Howmet proposes senior notes offering to fund ~$1.8B CAM acquisition
Howmet Aerospace announced proposed senior notes offering; pricing and terms subject to market conditions.
Howmet prices $1.2B debt offering to fund Consolidated Aerospace acquisition
Howmet priced $400M 3.750% notes due 2028, $300M 3.900% notes due 2029, and $500M 4.750% notes due 2036.
Howmet Aerospace Q4 adj EPS $1.05 (+42% YoY); FY revenue record $8.3B; guides FY26 ~10% growth
Q4 2025 revenue $2.2B (+15% YoY); GAAP EPS $0.92 (+19%); adj EPS $1.05 (+42% YoY); adj EBITDA margin 30.1%.
Howmet Aerospace to acquire Consolidated Aerospace from Stanley Black & Decker for ~$1.8B
All-cash purchase price of approximately $1.8 billion; expected close in first half of 2026.
Howmet Aerospace to redeem all 546,024 shares of $3.75 Preferred Stock on Dec 17, 2025 at $100/share
Redemption date December 17, 2025; price $100 per share plus $0.8125 accrued dividend.
Howmet Aerospace prices $500M 4.550% Notes due 2032 to redeem $625M 5.90% 2027 Notes
Offering of $500M aggregate principal of 4.550% Notes due 2032; closes November 12, 2025.
Howmet Aerospace Q3 revenue $2.09B (+14% YoY); raises FY2025 guidance on all metrics
Revenue $2.09B (+14% YoY); net income $385M ($0.95 EPS); adj. EBITDA $614M (29.4% margin), up 26% YoY.
Ken Giacobbe retiring Dec 31, 2025 after 21 years at Howmet; will serve as special advisor Dec 1-31.
Howmet Aerospace Q2 revenue record $2.05B (+9% YoY); raises FY2025 guidance across all metrics
GAAP EPS $1.00 vs $0.65; Adjusted EPS $0.91 (+36% YoY); Adj. EBITDA $589M (+22%); margin 28.7%.
Howmet CEO John Plant sells 800,000 shares in first-ever sale for estate planning
Sold 800,000 shares on May 12, 2025, his first sale of common stock as director or officer.
Howmet Aerospace Q1 record revenue $1.94B, up 6%; raises FY guidance for adj. EBITDA, EPS, FCF
Q1 revenue of $1.94B (record), up 6% YoY; GAAP EPS $0.84 vs $0.59; adj. EPS $0.86, up 51%.
Howmet Aerospace Q4 rev $1.9B (+9% YoY); raises FY25 growth guide to ~8%
Q4 2024 revenue $1.9B (+9% YoY); net income $314M ($0.77 EPS) vs $236M ($0.57 EPS) in Q4 2023.
Howmet Aerospace Q3 2024: Revenue up 11% to $1.84B; adj. EPS $0.71 (+54% YoY); guidance raised
Net income $332M ($0.81 EPS) vs $188M ($0.45 EPS) YoY; adjusted EPS $0.71 beats high end of guidance.
Howmet Aerospace closes $500M 4.85% notes due 2031, redeems $577M higher-coupon notes
Closed $500M offering of 4.850% notes due Oct 15, 2031; proceeds used to redeem 6.875% notes due 2025.
Howmet Aerospace launches senior notes offering to redeem $577M of 6.875% notes due 2025
Proceeds from new notes plus cash on hand to redeem ~$577M of 6.875% notes due 2025; redemption expected August 23, 2024.
Howmet Aerospace Q2 record revenue $1.88B, adj. EPS $0.67, dividend +60%, buyback +$2B
Revenue of $1.88B (+14% YoY); net income $266M ($0.65 EPS); adj. EPS $0.67 (+52% YoY).
Howmet Q1 revenue record $1.82B (+14% YoY); raises FY guidance; adj. EPS $0.57 (+36%)
Revenue $1.82B (record), net income $243M vs $148M YoY; adj. EBITDA $437M (+21%), margin 24.0%.
Howmet Aerospace establishes $1.0B commercial paper program
Program allows up to $1.0B aggregate face amount of unsecured commercial paper notes outstanding.
Q4 2023 revenue $1.7B (+14% YoY); net income $236M ($0.57 EPS); adjusted EPS $0.53 (+39% YoY).
On May 7, 2025, David J. Miller, a director of Howmet Aerospace Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) of his decision to resign from the Board, effective immediately.
Max materiality 0.90 · Median 0.60 · Most common event debt