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
Howmet Aerospace Q2 revenue up 24% to $2.55B; GAAP EPS $1.33, raises FY2026 guidance
Q2 revenue $2,547M (+24% YoY); organic growth 21%; GAAP EPS $1.33 (+33%).
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).
S&P upgrades Howmet Aerospace ratings to investment grade (BBB-); outlook stable
S&P raised long-term issuer credit rating to BBB- from BB+; short-term to A-3 from B.
Howmet secures $200M USD and ¥33B JPY term loans, redeems $500M 5.125% notes due 2024
Entered $200M USD and ¥33B JPY senior unsecured term loans maturing Nov 22, 2026.
Howmet Q3 revenue $1.66B (+16% YoY); raises FY2023 outlook; dividend up 25%
Revenue $1.66B (+16% YoY), commercial aerospace up 23%; net income $188M vs $80M YoY.
Howmet Q2 revenue $1.65B (+18% YoY), raises FY guidance, plans dividend increase
Revenue $1.65B (+18% YoY); adjusted EPS $0.44 vs $0.35 YoY.
Howmet Aerospace Q1 revenue up 21% YoY to $1.60B; raises full-year 2023 guidance
Revenue $1.60B (+21% YoY), net income $148M vs $131M YoY; adj. EPS $0.42, up 35% 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.
appointed Gunner Smith as a director of the Company, each effective as of September 29, 2023.
On March 17, 2023, Nicole W. Piasecki informed Howmet Aerospace Inc. (the “Company”) of her intention not to seek re-election as a member of the Board of Directors of the Company (the “Board”) at the Company’s 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”).
Mr. Plant is assuming the position of sole Chief Executive Officer of the Company and will continue in his role as Executive Chairman
Tolga I. Oal, the Company’s Co-Chief Executive Officer, is departing the Company to pursue other opportunities and is also stepping down from the Board, each effective as of October 14, 2021.
Max materiality 0.90 · Median 0.60 · Most common event debt