Howmet Aerospace — Feb 13, 2025 release

dollar amounts)           Third-party sales $ 275 $1,147 $ 245 $ 243 $1,054 Provision for depreciation and amortization $ 10 $ 39 $ 10 $ 12 $42 Segment Adjusted EBITDA $ 72 $ 309 $ 64 $ 66 $287 Segment Adjusted EBITDA Margin 26.2% 26.9% 26.1% 27.2% 27.2% Restructuring and other charges $ — $ — $ 1 $ — $1 Capital expenditures $ 11 $ 36 $ 14 $ 10 $45   Forged Wheels reported fourth quarter 2024 revenue of $243 million, a decrease of 12% year over year due to lower volumes in the commercial transportation market. Segment Adjusted EBITDA was $66 million, a decrease of approximately 8% year over year, driven by lower volumes in the commercial transportation market. Segment Adjusted EBITDA margin increased approximately 100 basis points year over year to 27.2%.   5     Forged Wheels reported full year 2024 revenue of $1.1 billion, down 8% year over year, due to lower volumes in the commercial transportation market as well as a decrease in aluminum and other inflationary cost pass through. Segment Adjusted EBITDA was $287 million, down 7% year over year, driven primarily by lower volumes in the commercial transportation market. Segment Adjusted EBITDA margin increased approximately 30 basis points year over year to 27.2%.   Key Announcements   Repurchased $190 Million of Common Stock in Fourth Quarter 2024, $500 Million in Full Year 2024; $50 Mill