Quarterly ResultAug 6, 2026, 07:07 AM
Howmet Aerospace Q2 Revenue $2.55B, EPS $1.33; Raises FY26 Guidance
AI Summary
Howmet Aerospace reported strong second-quarter 2026 financial results, with revenue increasing 24% year-over-year to $2.55 billion and Adjusted EPS rising 46% to $1.33. The company also generated $479 million in free cash flow and deployed $300 million for common stock repurchases during the quarter. Following this performance, Howmet Aerospace raised its full-year 2026 guidance for revenue, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, reflecting confidence in continued market growth and successful integration of recent acquisitions.
Key Highlights
- Q2 Revenue was $2.55 billion, up 24% year-over-year, with organic growth of 21%.
- Q2 Adjusted EPS was $1.33, a 46% increase year-over-year.
- Full Year 2026 Revenue Guidance was increased to a baseline of $10.05 billion.
- Full Year 2026 Adjusted EPS Guidance was increased to a baseline of $5.27.
- Q2 Free Cash Flow was $479 million, up 39% year-over-year.
- The company repurchased $300 million of common stock in Q2, totaling $800 million YTD through July.
- The quarterly common stock dividend was increased by 17% to $0.14 per share.
- Completed the acquisition of Consolidated Aerospace Manufacturing (CAM) for approximately $1.8 billion.
Price Impact
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