Citable filing context

HWM filing events and research context

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HWM's research view summarizes recent SEC filing context, starting with other from May 28, 2026.

HWM filing events and research context
FiledItemContext
May 28, 2026otherFiled an 8-K with comprehensive financial disclosures, including details on restructuring and pension plans.
May 26, 2026management_changeHowmet Aerospace Inc. shareholders elected nine director nominees at the 2026 annual meeting.
May 7, 2026earningsHowmet Aerospace reported Q1 2026 revenue of $2.31 billion and adjusted EPS of $1.22, increasing full-year guidance.
May 28, 2026Guidance: amortization_expense_intangible_assets30.00 to 36.00
May 28, 2026Guidance: capital_expenditures_as_percentage_of_sales5.00 to not reported
May 28, 2026Guidance: effective_tax_rate20.50 to 21.50
May 7, 2026mda_quarterlyHowmet Aerospace reported a strong first quarter 2026, with sales increasing 19% to $2,313 million and diluted EPS rising to $1.44 from $0.84 year-over-year. Growth stemmed from robust demand in commercial and defense aerospace, and gas turbine markets, including engine spares, favorable product pricing, and effective cost pass-through. Cost of goods sold as a percentage of sales improved to 63.1%, reflecting enhanced operational efficiency. Engine Products sales surged 29% with EBITDA up 44%, driven by aerospace and gas turbine expansion. Fastening Systems sales increased 14% with EBITDA up 18%, bolstered by aerospace demand and strategic Brunner and subsequent Consolidated Aerospace Manufacturing (CAM) acquisitions. Engineered Structures improved profitability via product rationalization, generating a $93 million gain from a facility sale. Forged Wheels' sales rose 17% and EBITDA 32%, aided by cost pass-through and favorable FX despite weaker commercial transportation volumes. Cash from operations increased to $453 million. Financing included issuing $1.2 billion in new notes and $450 million in commercial paper, largely for the CAM acquisition, projected to increase annual interest expense by $50 million. The company also repurchased $300 million in common stock. Howmet maintains investment-grade credit ratings, with recent upgrades, and anticipates managing its November 2026 JPY Term Loan maturity with current liquidity or refinancing. Capital expenditures are forecast at approximately 5% of sales
Feb 12, 2026businessHowmet is a global leader in lightweight metals engineering and manufacturing, producing innovative, multi-material products from nickel, titanium, aluminum, and cobalt. Its primary markets are aerospace (commercial and defense), commercial transportation, and gas turbines, with 70% of 2025 revenue derived from aerospace. The company operates in 19 countries, with North America and Europe generating 72% and 22% of 2025 sales, respectively. Howmet achieved 11% sales growth in 2025, driven by robust demand in commercial aerospace, defense aerospace, and gas turbines, including engine spares, alongside favorable product pricing that exceeded material and inflationary cost pass-through. This growth was partially offset by lower volumes in the commercial transportation market, which is expected to remain subdued in early 2026. Management projects continued sales growth in aerospace and gas turbines for 2026, supported by elevated capital expenditures for capacity expansion. Recent strategic actions include the proposed $1.8 billion acquisition of CAM and the acquisition of Brunner Manufacturing Co. Inc., both intended to enhance its Fastening Systems segment. Operations are subject to governmental policies, inflation, tariffs, and currency fluctuations.

Source: SEC EDGAR filing text and events; period May 28, 2026; filed May 28, 2026.

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