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Howmet Aerospace Inc. 8-K Filings

HWM NYSE

Every 8-K that Howmet Aerospace Inc. (HWM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow HWM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HWM filings page.

Rhea-AI Summary

Howmet Aerospace reported strong second quarter 2026 results, with revenue of $2.55 billion, up 24% year over year and 21% on an organic basis. GAAP and adjusted diluted EPS were both $1.33, up 33% and 46% respectively. Adjusted EBITDA rose to $817 million, up 39%, with margin expanding 340 basis points to 32.1%. Management stated that revenue, adjusted EBITDA, adjusted EBITDA margin and adjusted EPS all exceeded the high end of guidance.

Free cash flow reached $479 million in the quarter and $838 million for the first half, up 75% year over year, supporting capital deployment. The company completed the $1.8 billion CAM acquisition, repaid a $186 million yen term loan and entered a $300 million cross-currency swap, reducing annualized interest expense by $12 million. Howmet repurchased $300 million of stock in Q2 and $800 million year to date through July, and increased its quarterly dividend 17% to $0.14 per share. Full-year 2026 guidance was raised, with baseline revenue of $10.05 billion, adjusted EBITDA of $3.23 billion, adjusted EPS of $5.27, and free cash flow of $1.9 billion.

Rhea-AI Summary

Howmet Aerospace Inc. reports a segment reorganization and capital structure moves while reaffirming strong 2025 performance. A titanium alloy facility in Whitehall, Michigan was shifted from Engine Products to Engineered Structures, and prior segment data were recast with no impact on consolidated results, financial position or cash flows.

The company prepaid the remaining ¥29,702 million (approximately $187 million) under its JPY Term Loan Facility using cash on hand and entered into a cross-currency swap that synthetically converts $300 million of 6.750% Notes due 2028 into a Japanese yen liability at a fixed 3.88% rate, which is expected to reduce annual interest expense by about $12 million.

Howmet also filed a new shelf registration statement on Form S-3 for potential senior debt issuance and highlights 2025 results, including sales of $8,252, net income of $1,508, Total Segment Adjusted EBITDA of $2,507, cash from operations of $1,884, and total debt of $3,050.

Rhea-AI Summary

Howmet Aerospace Inc. reported the results of its 2026 annual shareholder meeting. As of the March 24, 2026 record date, 400,713,557 shares were outstanding and entitled to vote, with 364,912,140 shares represented in person or by proxy.

Shareholders elected all nine director nominees to one-year terms expiring at the 2027 annual meeting. They also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026, and approved the advisory vote on executive compensation.

Rhea-AI Summary

Howmet Aerospace delivered a strong first quarter of 2026, with revenue of $2.31 billion, up 19% year over year, driven by commercial and defense aerospace and gas turbines. GAAP diluted EPS rose to $1.44 from $0.84, while adjusted EPS increased 42% to $1.22.

Adjusted EBITDA grew 32% to $740 million with margin expanding to 32.0%. Free cash flow climbed to $359 million, supporting $300 million of share repurchases in the quarter and another $150 million in April. The company completed the $1.8 billion CAM acquisition, bought Brunner Manufacturing for $120 million, sold a Savannah forging facility for $230 million, and raised full-year 2026 guidance for revenue, adjusted EBITDA, adjusted EPS, and free cash flow. Fitch also upgraded its long‑term credit rating to A-.

Rhea-AI Summary

Howmet Aerospace Inc. is using a current report to inform investors that its 2025 Environmental, Social and Governance (ESG) Report is now available on the company’s website. The report describes the company’s environmental, social and governance commitment and performance.

The ESG Report is being furnished under Regulation FD and, as stated, is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or automatically incorporated into securities offering documents unless specifically referenced.

Rhea-AI Summary

Howmet Aerospace Inc. completed its previously announced acquisition of Consolidated Aerospace Manufacturing, LLC, a subsidiary of Stanley Black & Decker. The transaction closed on April 6, 2026.

Howmet Aerospace paid a cash purchase price of approximately $1.8 billion, subject to customary adjustments, under a Purchase Agreement between the two companies.

Rhea-AI Summary

Howmet Aerospace used its Technology & Markets Day to lay out multi-year growth and cash-generation targets. The company highlighted a revenue path from $5.3B in 2020 to about $9.1B in 2026, with Adjusted EBITDA rising from $1.1B to roughly $2.4B and margins improving to about 30.3%.

Adjusted EPS is shown increasing from $0.77 in 2020 to about $4.45 in 2026, while annual free cash flow is targeted around $1.6B in 2026 at roughly 90% conversion. Management also emphasized a “fortress balance sheet,” cutting gross debt by about $2B, reducing pension/OPEB gross liabilities by roughly half, and bringing net debt/EBITDA to about 1x.

Growth is tied to strengthening positions in commercial aerospace, defense, gas turbines and forged aluminum wheels, along with a planned acquisition of Consolidated Aerospace Manufacturing and continued capital deployment across capex, share repurchases and disciplined M&A.

Rhea-AI Summary

Howmet Aerospace Inc. closed an underwritten public offering of three senior note series totaling $1.2 billion to help fund its planned purchase of Consolidated Aerospace Manufacturing, LLC. The company issued $400 million of 3.750% notes due 2028, $300 million of 3.900% notes due 2029, and $500 million of 4.750% notes due 2036.

The notes pay interest semi-annually and can be redeemed early at specified make-whole or par prices. Howmet plans to combine the net proceeds with $600 million of commercial paper or other debt and cash on hand to finance the approximately $1.8 billion CAM acquisition. If that deal is not completed or is abandoned, the 2036 notes must be redeemed at 101% of principal plus interest, while proceeds from the 2028 and 2029 notes would be used for general corporate purposes.

Rhea-AI Summary

Howmet Aerospace Inc. has priced an underwritten public offering of $400,000,000 of 3.750% notes due 2028, $300,000,000 of 3.900% notes due 2029, and $500,000,000 of 4.750% notes due 2036, for total senior notes of $1.2 billion. The offering is expected to close on March 3, 2026, subject to customary closing conditions.

The company plans to use the net proceeds, together with $600 million of borrowings under its commercial paper program or debt facilities and cash on hand, to fund the approximately $1.8 billion purchase price for its proposed acquisition of Consolidated Aerospace Manufacturing, LLC. Major banks including Citigroup, Goldman Sachs, J.P. Morgan and SMBC Nikko are acting as joint book-running managers.

Rhea-AI Summary

Howmet Aerospace Inc. filed an update describing a proposed offering of senior notes to help fund its planned acquisition of Consolidated Aerospace Manufacturing, LLC. The company plans to use the notes’ net proceeds together with $600 million of borrowings under its commercial paper program or other debt facilities and cash on hand to finance the approximately $1.8 billion purchase price for the proposed acquisition. The notes will be issued under an existing shelf registration, with final pricing and terms subject to market conditions and other factors, and the transaction remains subject to the usual risks and uncertainties around financing and closing acquisitions.

Rhea-AI Summary

Howmet Aerospace reported a record full year 2025, with revenue of $8.3 billion, up 11% year over year, and GAAP EPS of $3.71, up from $2.81. Adjusted EPS excluding special items rose 40% to $3.77 as margins expanded and all major aerospace markets grew strongly.

Fourth quarter 2025 revenue reached $2.2 billion, up 15%, with adjusted EBITDA of $653 million and a 30.1% margin. Free cash flow for 2025 was $1.43 billion, supporting $700 million of share repurchases, higher dividends, $265 million of debt reduction, and full preferred stock redemption.

The company agreed to acquire Consolidated Aerospace Manufacturing for about $1.8 billion and bought Brunner Manufacturing to strengthen its fastener portfolio. For 2026, Howmet guides revenue to $9.0–$9.2 billion, adjusted EPS to $4.35–$4.55, and free cash flow to $1.55–$1.65 billion.

Rhea-AI Summary

Howmet Aerospace Inc. reported that it has entered into a Purchase Agreement to acquire Consolidated Aerospace Manufacturing, LLC from Stanley Black & Decker, Inc. for a cash purchase price of approximately $1.8 billion, subject to customary adjustments. The transaction is structured as an acquisition of a wholly owned subsidiary of Stanley Black & Decker.

The proposed acquisition is expected to close in the first half of 2026, subject to customary closing conditions and required regulatory approvals. Howmet highlights forward‑looking risks, including the possibility the deal may not close, potential delays, integration challenges, customer or employee disruption, and the risk that anticipated synergies and tax benefits may not be realized.

Rhea-AI Summary

Howmet Aerospace Inc. (HWM) plans to redeem all of its $3.75 Cumulative Preferred Stock on December 17, 2025. The company will pay a redemption price of $100 per share plus accrued dividends that have not been paid or declared, which are stated as $0.8125 per share as of the redemption date. As of the close of business on November 14, 2025, there were 546,024 preferred shares outstanding. The company notes that this report itself is not the formal notice of redemption; the actual redemption will be carried out under a separate notice sent to preferred holders that will detail the specific terms and procedures.

Rhea-AI Summary

Howmet Aerospace closed an underwritten public offering of $500 million 4.550% Notes due 2032. The notes mature on November 15, 2032 and pay interest semi‑annually on May 15 and November 15, beginning May 15, 2026.

The company expects to redeem the remaining $625,000,000 of its 5.90% Notes due 2027 on December 3, 2025, using net proceeds from the 2032 notes and cash on hand. The aggregate redemption price is about $652 million, including approximately $12 million of accrued interest. As a result, Howmet expects an annual interest expense reduction of approximately $14 million. The new notes include standard optional redemption provisions and customary events of default under the Indenture.

Rhea-AI Summary

Howmet Aerospace (HWM) announced the pricing of $500 million aggregate principal amount of 4.550% Notes due 2032.

The company also issued a notice of redemption to redeem on December 3, 2025, all outstanding principal of approximately $625 million of its 5.90% Notes due 2027. The redemption will be made solely pursuant to the delivered notice under the indenture governing those notes.

Taken together, this reflects a planned refinancing that extends maturity to 2032 while addressing the 2027 notes, as disclosed.

Rhea-AI Summary

Howmet Aerospace announced a proposed offering of senior notes, with pricing and terms subject to market conditions and other factors. The company intends to use the net proceeds, together with cash on hand, to redeem all of the outstanding principal amount of approximately $625 million of its 5.90% Notes due 2027.

Howmet plans to issue a notice of redemption for a December 3, 2025 redemption in accordance with the Indenture. The redemption price will be the greater of 100% of principal plus accrued interest or a make‑whole amount based on the Treasury Rate plus 15 basis points, plus accrued interest. The company expects the aggregate redemption price to be approximately $652 million, including accrued interest. The new notes will be offered under an effective shelf registration with a prospectus supplement.

Rhea-AI Summary

Howmet Aerospace Inc. furnished an update on its business by announcing that it issued a press release with its financial results for the third quarter of 2025. The company provided the release as Exhibit 99.1 to a Form 8-K under Item 2.02.

The information under Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act.

Rhea-AI Summary

Howmet Aerospace Inc. announced a planned CFO transition. Ken Giacobbe, Executive Vice President and Chief Financial Officer, will retire on December 31, 2025 after 21 years. From December 1 to December 31, 2025, he will serve as special advisor to Executive Chairman and CEO John Plant.

Effective December 1, 2025, Patrick Winterlich will join as Executive Vice President and CFO. He previously served as EVP and CFO at Hexcel. His compensation includes annual base salary of $700,000, target variable cash incentive equal to 100% of base salary, and an annual equity award targeted at $2,000,000 in time‑vested and performance‑based grants. He will receive a sign‑on cash bonus of $800,000 and relocation assistance.

If involuntarily terminated without cause within five years of hire, any outstanding unvested annual equity awards will continue to vest on the original schedule. Winterlich will participate in executive benefit and severance plans and has agreed to confidentiality, non‑competition, and non‑solicitation covenants.

Rhea-AI Summary

Howmet Aerospace Inc. reported that Lola F. Lin, its Executive Vice President, Chief Legal and Compliance Officer and Secretary, has notified the company of her intention to resign. Her departure will be effective as of September 5, 2025, as she plans to pursue another opportunity.

Until a successor is appointed, the company’s Legal and Compliance teams will report to Neil E. Marchuk, Executive Vice President and Chief Administrative Officer. The company expressed appreciation for Ms. Lin’s contributions during her tenure.