Howmet (HWM) Q4 Earnings Surge 14.6% to $2.17B, Outpaces Guidance; CEO Eyes Capacity Expansion

Howmet (NYSE:HWM) reported Q4 CY2025 revenue of $2.17 billion, up 14.6% year-on-year, and non-GAAP profit of $1.05 per share, 8.7% above consensus. Next quarter guidance of $2.24 billion at the midpoint was 3.5% above analyst expectations. The strong results reflect robust commercial and defense aerospace demand, with engine spares and gas turbines driving growth. CEO John Plant attributed the quarter’s outperformance to premium product segments and ongoing capacity expansion. Management plans significant capital deployment into new manufacturing facilities and automation to meet rising demand. However, ramp-up and integration of acquisitions could pressure near-term margins as output scales. Looking ahead, key watchpoints include facility output, integration progress from acquisitions, and sustained spares and turbine demand. The stock closed at $242.97, up from $230.85 pre-earnings.