Howmet Q3 Revenue Jumps 29%, Board Adds $5B Buyback
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PITTSBURGH – October 29, 2026 -- Howmet Aerospace (NYSE: HWM) reported third-quarter 2026 revenue of $2.70 billion, up 29% year over year and 25% organically, and raised its full-year 2026 guidance. Adjusted EPS rose 54% to $1.46, while GAAP EPS was $1.42. Executive Chairman and CEO John Plant called it "the strongest quarterly growth rate on record for Howmet."
Adjusted EBITDA climbs 43% to $879 million as margin widens 310 basis points
Adjusted EBITDA margin reached 32.5%. Free cash flow was $562 million after $147 million of capital expenditures. Results exceeded the high end of company guidance.