Filing Flows › Howmet Aerospace (HWM) › Q4 2025
Howmet Aerospace (HWM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
Howmet Aerospace (HWM) reported revenue of $2.2B for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +4% from the quarter before. Operating margin was 22.6%, net earnings $372M (17.2% of revenue).
Howmet Aerospace, Q4 2025: revenue $2.2B (+15% year over year), operating margin 22.6%, net earnings $372M, operating cash flow $654M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +4% | +15% |
| Operating profit | $489M | -10% | +10% |
| Net earnings | $372M | -3% | +18% |
| Operating cash flow | $654M | +23% | +36% |
| Free cash flow | $530M | +25% | +40% |
What changed
Revenue was $2.2B in Q4 2025, up 15% year over year and up 4% from the previous quarter. Engine Products was the largest line at 54% of revenue.
Operating profit was $0.49B, a 22.6% margin (down 1.0 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, below the 24% margin then. Total costs grew 16% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+121%). Net earnings were $0.37B, up 18% year over year. The effective tax rate was 13.5%.
Operating cash flow was $0.65B (up 36% year over year), 176% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items added $0.21B. Capital expenditures of $0.12B left free cash flow of $0.53B.
Questions
What was Howmet Aerospace's revenue in the fourth quarter 2025?
Howmet Aerospace (HWM) reported revenue of $2.2B for the fourth quarter 2025 (Q4 2025), +15% from a year earlier and +4% from the quarter before.
Was Howmet Aerospace profitable in the fourth quarter 2025?
Operating profit was $489M (22.6% of revenue) and net earnings $372M.
Source: Howmet Aerospace 10-K on SEC EDGAR.