Earnings ·
Howmet Aerospace reports Q3 revenue up 29% to $2.7B, raises dividend 17% to $0.14 per share
HWMHowmet Aerospace Inc.
Howmet Aerospace reported third-quarter 2026 revenue of $2.7 billion, a 29% increase year over year, driven by strong growth in commercial aerospace and gas turbines. Adjusted earnings per share rose 54% to $1.46, while adjusted EBITDA margin expanded 310 basis points to 32.5%. The company generated $562 million in free cash flow and repurchased $500 million of common stock during the quarter. Additionally, the Board authorized a $5 billion increase to its share repurchase program and raised the quarterly dividend by 17% to $0.14 per share. Howmet Aerospace is a leading global provider of advanced engineered solutions for the aerospace, gas turbine, and transportation industries.