Howmet Aerospace (HWM) 10-K Summaries & Annual Filing History
Review Howmet Aerospace Inc. (HWM) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Howmet Aerospace reported strong annual performance with revenue continuing its multi-year growth trend. The company maintained profitability and generated robust operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.3B
Revenue reported for the fiscal year.
Operating income
$2B
Income from operations reported for the year.
Net income
$1.5B
Net income reported for the year.
Operating cash flow
$1.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $5.7B | +13.9% |
| Dec 31, 2023 | $6.6B | +17.3% |
| Dec 31, 2024 | $7.4B | +11.9% |
| Dec 31, 2025 | $8.3B | +11.1% |
Business overview
Howmet Aerospace is an aerospace company, as indicated by its name. The filing's business overview references standard disclosure items but does not elaborate on specific segments.
Financial performance
Revenue increased for the fourth consecutive year, and operating income remained substantial. Net income and operating cash flow were both strong, reflecting efficient operations.
Material risks
The filing mentions risk factors in a standard section, but the provided context does not enumerate specific risks.
Liquidity and capital
The company plans to arrange financing to support the proposed acquisition of CAM, as noted in the liquidity discussion.
What to watch
Monitor updates on the CAM acquisition in the next filing.