U.S. COMPANY FILING
Howmet Aerospace Inc. — Form 10-K filed 2026-02-12
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Howmet Aerospace reported 2025 sales of $8,252 million, up 11% YoY; net income of $1,508 million, up 31%; adjusted EBITDA of $2,507 million, up 25%. Announced acquisition of CAM for ~$1.8B, expected to close in H1 2026; completed Brunner acquisition. Repurchased ~4.4M shares; total debt decreased to $3,050M. 2026 outlook: sales growth, higher operating cash flow, elevated capex.
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