HighGravityDataHowmet Aerospace — May 1, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-043005
Showing in the filing
Quarterly Common Stock Dividend
“$0.10 per share”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 20
Revenue for Q2 FY2025
“$1.980B” – “$2.000B”
Revenue - Baseline for Q2 FY2025
“$1.990B”
Revenue for FY2025
“$7.880B” – “$8.180B”
Revenue - Baseline for FY2025
“$8.030B”
Adj. EBITDA for Q2 FY2025
“$555M” – “$565M”
Adj. EBITDA - Baseline for Q2 FY2025
“$560M”
Adj. EBITDA for FY2025
“$2.225B” – “$2.275B”
Adj. EBITDA - Baseline for FY2025
“$2.250B”
Adj. EBITDA Margin for Q2 FY2025
“28.0%” – “28.3%”
Adj. EBITDA Margin - Baseline for FY2025
“28.0%”
Adj. EBITDA Margin for FY2025
“27.8%” – “28.2%”
Adj. Earnings per Share for FY2025
“$3.36” – “$3.44”
Adj. Earnings per Share - Baseline for FY2025
“$3.40”
Free Cash Flow for FY2025
“$1.100B” – “$1.200B”
Free Cash Flow - Baseline for FY2025
“$1.150B”
Quarterly Common Stock Dividend for FY2025
“$0.10 per share”
Quarterly dividend
“$0.10 per share”
Adj. Earnings per Share - Baseline for Q2 FY2025
“$0.86”
Adj. EBITDA Margin - Baseline for Q2 FY2025
“28.1%”
Adj. Earnings per Share for Q2 FY2025
“$0.85” – “$0.87”
Exhibit 99.1 · the passage around this item
… earlier in the release
Key Announcements
· Repurchased
$125 million of common stock in first quarter 2025 at average price of $124.24 per share
· Repurchased
an additional $100 million of common stock in April 2025 at average price of $125.61 per share
· Paid
a quarterly dividend of $0.10 per share on the Company’s common stock in first quarter 2025, up 100% from first quarter 2024’s
$0.05 dividend per share
· Fitch
Ratings upgraded Howmet Aerospace’s Long-Term Issuer Default Rating from BBB to BBB+ on March 31, 2025
· Full Year 2025 Guidance: Revenue range widened with increases to Adj. EBITDA*,
Adj. EPS*, and Free Cash Flow
PITTSBURGH, PA, May 1, 2025 – Howmet Aerospace (NYSE:
HWM) today reported first quarter 2025 results. The Company reported record first quarter 2025 revenue of $1.94 billion, up 6% year over
year, primarily driven by growth in the commercial aerospace market of 9%.
Howmet Aerospace reported Net Income of $344 million, or $0.84 per
share, in the first quarter 2025 versus $243 million, or $0.59 per share, in the first quarter 2024, and included approximately $7 million
in net charges from special items. Net Income excluding special items was $351 million, or $0.86 per share, in the first quarter 2025,
versus $238 million, or $0.57 per share, in the first quarter 2024.
First quarter 2025 Operating Income was $494 million, up 34% year over
year. Operating Income excluding special items was $491 million, up 33% year
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.