HighGravityData

Howmet Aerospace — May 7, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-056645
Open on SEC.gov ↗
Showing in the filing
Quarterly dividend
“$0.12 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 29
Revenue effect of portfolio adjustments (CAM… for FY2026
“adds approximately $275 million”
Net revenue effect of portfolio adjustments for FY2026
“approximately $275 million”
EPS effect of portfolio adjustments (CAM, Br… for FY2026
“insignificant”
EPS accretion from portfolio adjustments (CA… for FY2027
“accretion expected”
Revenue for Q2 FY2026
“$2,390” – “$2,410”
Revenue - Baseline for Q2 FY2026
“$2,400”
Revenue for FY2026
“$9,575” – “$9,725”
Revenue - Baseline for FY2026
“$9,650”
Revenue - Baseline Change for FY2026
“+$550”
Adj. EBITDA for Q2 FY2026
“$760” – “$770”
Adj. EBITDA - Baseline for Q2 FY2026
“$765”
Adj. EBITDA for FY2026
“$3,025” – “$3,095”
Adj. EBITDA - Baseline for FY2026
“$3,060”
Adj. EBITDA Margin - Baseline for Q2 FY2026
“31.9%”
Adj. EBITDA Margin for FY2026
“31.6%” – “31.8%”
Adj. EBITDA Margin - Baseline for FY2026
“31.7%”
Adj. EBITDA - Baseline Change for FY2026
“+$300”
Adj. EBITDA Margin - Baseline Change for FY2026
“+ 140 bps”
Adj. Earnings per Share for Q2 FY2026
“$1.22” – “$1.24”
Adj. Earnings per Share - Baseline for Q2 FY2026
“$1.23”
Adj. Earnings per Share for FY2026
“$4.88” – “$5.00”
Adj. Earnings per Share - Baseline for FY2026
“$4.94”
Adj. Earnings per Share - Baseline Change for FY2026
“+$0.49”
Free Cash Flow for FY2026
“$1,700” – “$1,800”
Free Cash Flow - Baseline for FY2026
“$1,750”
Free Cash Flow - Baseline Change for FY2026
“+$150”
Adj. EBITDA Margin for Q2 FY2026
“31.8%” – “32.0%”
Quarterly common stock dividend declared for FY2026
“$0.12 per share”
Quarterly dividend
“$0.12 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
In April 2026, the Company repurchased an additional $150 million of common stock at an averag e price of $246.18 per share, retiring approximately 0.6 million shares. As of May 4, 2026, total share repurchase authorization available was $1,047 million.   Quarterly Common Stock Dividend of $0.12 Per Share Paid in First Quarter 2026 On February 25, 2026, the Company paid a quarterly dividend of $0.12 per share on its common stock, up 20% from the $0.10 per share dividend paid in the first quarter 2025. The Board of Directors declared a quarter ly dividend of $0.12 per share on the Company’s common stock to be paid on May 26, 2026 to the holders of record of the common stock at the close of business on May 8, 202 6.     4       Fitch Ratings upgraded Howmet Aerospace to A- On February 13, 2026, Fitch Ratings upgraded its Long-Term Issuer Default Rating of Howmet Aerospace from BBB+ to A-, four notches into investment grade. All three major credit rating agencies rate Howmet Aerospace at least three notches into Investment Grade.   Howmet Aerospace will hold its quarterly conference call at 10:00 AM Eastern Time on Thursday, May 7, 2026. The call will be webcast via www.howmet.com. The press release and presentation materials will be available at approximately 7:00 AM ET on May 7, via the “Investors” section of the Howmet Aerospace website.   About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.