Every material Form 8-K Howmet Aerospace filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Howmet Aerospace reported record third-quarter 2025 revenue of $2.09 billion, up 14% year over year, and net income of $385 million, or $0.95 per diluted share, versus $0.81 a year earlier. The company raised its full-year 2025 guidance on all metrics and projected 2026 revenue of approximately $9 billion, up about 10%.
Q3 2025 net income of $385 million ($0.95 per diluted share) versus $332 million ($0.81) in Q3 2024
Full-year 2025 adjusted EPS baseline guidance of $3.67, a $0.07 increase from the prior baseline
Repurchased $200 million of common stock in Q3 2025 and an additional $100 million in October 2025
Quarterly dividend raised 20% to $0.12 per share; $63 million of Term Loan repaid in Q3 2025
Howmet Aerospace said its Executive Vice President and Chief Financial Officer, Ken Giacobbe, will retire on December 31, 2025, after 21 years with the company. Patrick Winterlich, currently CFO of Hexcel Corporation, will join Howmet as EVP and CFO effective December 1, 2025, giving a one-month overlap before Giacobbe's retirement.
Ken Giacobbe retires December 31, 2025; he will serve as special advisor to CEO John Plant from December 1 to December 31, 2025.
Patrick Winterlich joins as EVP and CFO effective December 1, 2025, based at the Pittsburgh headquarters.
Winterlich's pay includes a $700,000 base salary, a target annual cash incentive of 100% of base salary, a $2,000,000 target annual equity award, and an $800,000 sign-on cash bonus.
Howmet Aerospace said its Executive Vice President, Chief Legal and Compliance Officer and Secretary, Lola F. Lin, notified the company on August 15, 2025 that she will resign effective September 5, 2025, to pursue another opportunity. Until a successor is named, the Legal and Compliance teams will report to Neil E. Marchuk, Executive Vice President and Chief Administrative Officer. The filing is a leadership change in a senior legal role, with no financial figures disclosed.
Lola F. Lin resigns as EVP, Chief Legal and Compliance Officer and Secretary, effective September 5, 2025
Notice given to the company on August 15, 2025, to pursue another opportunity
Legal and Compliance teams report to Neil E. Marchuk, EVP and Chief Administrative Officer, until a successor is appointed
Howmet Aerospace reported second quarter 2025 revenue of $2.05 billion, up 9% year over year, and net income of $407 million, or $1.00 per diluted share, versus $266 million, or $0.65, a year earlier. The company raised its full-year 2025 guidance on all metrics and increased its quarterly dividend by 20%, which benefits shareholders.
Net income was $407 million, or $1.00 per diluted share, versus $266 million, or $0.65, in second quarter 2024, including about $36 million in net benefits from special items.
Adjusted EPS excluding special items was $0.91, up 36% year over year; adjusted EBITDA excluding special items was $589 million, up 22%.
Repurchased $175 million of stock in second quarter 2025 and $100 million in July 2025; quarterly dividend raised 20% to $0.12 per share, payable August 25, 2025.
Howmet Aerospace amended the employment letter agreement with Executive Chairman and CEO John C. Plant on June 23, 2025. The amendment provides a special restricted stock unit retention award valued at $45 million, vesting July 1, 2028, subject to continued service, with the award granted on July 1, 2025.
Special retention RSU award valued at $45,000,000, to be granted July 1, 2025, vesting July 1, 2028
Plant's annual base salary remains $1,800,000 with a target annual bonus of 175% of base salary
Full vesting on termination without cause, for good reason, or death or disability on or after January 1, 2028
Except as amended, the 2020 letter agreement, as amended in 2020, 2021 and 2022, remains in effect
Howmet Aerospace director David J. Miller informed the board on May 7, 2025, that he is resigning effective immediately. The company said the resignation was not due to any disagreement over its operations, policies or practices, so the change appears administrative rather than a sign of a dispute.
David J. Miller resigned from the Howmet Aerospace board, effective immediately, with notice given May 7, 2025.
The filing states the resignation was not due to any disagreement with the company on operations, policies or practices.
The board thanked Miller for years of insight and guidance dating back to the company's separations.
Howmet Aerospace reported first quarter 2025 revenue of $1.94 billion, up 6% year over year, and net income of $344 million, or $0.84 per diluted share, versus $243 million, or $0.59, a year earlier. The company widened its full-year 2025 revenue guidance and raised its adjusted EBITDA, adjusted EPS and free cash flow guidance, which matters to shareholders because it signals higher expected earnings and continued capital returns.
Net income of $344 million, or $0.84 per diluted share, versus $243 million, or $0.59, in Q1 2024
Adjusted EPS excluding special items of $0.86, up 51% year over year; FY2025 baseline adjusted EPS guidance of $3.40, range $3.36 to $3.44
Repurchased $125 million of common stock in Q1 2025 and an additional $100 million in April 2025
FY2025 revenue guidance range $7.88 billion to $8.18 billion, baseline $8.03 billion
Howmet Aerospace reported record fourth quarter and full year 2024 revenue, net income and cash generation, with fourth quarter revenue of $1.9 billion, up 9% year over year, and full year revenue of $7.4 billion, up 12%. The company raised the midpoint of its 2025 revenue growth guidance to approximately 8% and expects improved profit and cash generation, and its board approved a 25% increase in the quarterly dividend to $0.10 per share.
Q4 2024 net income was $314 million, or $0.77 per diluted share, versus $236 million, or $0.57, in Q4 2023.
Full year 2024 net income was $1.2 billion, or $2.81 per diluted share, versus $765 million, or $1.83, in 2023.
FY 2025 revenue guidance baseline is $8.030 billion, with the midpoint growth raised to approximately 8% from 7.5%.
The quarterly dividend rises to $0.10 per share, payable February 25, 2025; $2.15 billion of repurchase authorization remained as of January 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Howmet Aerospace filing is on SEC EDGAR ↗. 8-K briefs of other companies →