← Filings of HWM
Tables in the 10-Q of Howmet Aerospace Inc.
36 tables with numbers, filed Oct 29, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| | Page |
| Part I | | |
| Item 1. | Financial Statements and Supplementary Data | 3 |
| Statement of Consolidated Operations for the Third Quarter and Nine Months Ended September 30, 2026 and 2025 | 3 |
| Statement of Consolidated Comprehensive Income for the Third Quarter and Nine Months Ended September 30, 2026 and 2025 | 4 |
| Consolidated Balance Sheet as of September 30, 2026 and December 31, 2025 | 5 |
| Statement of Consolidated Cash Flows for the Nine Months Ended September 30, 2026 and 2025 | 6 |
| Statement of Changes in Consolidated Equity for the Third Quarter Ended September 30, 2026 and 2025 | 7 |
First 8 of 19 rows. The CSV has all of them.
Table 2 after “(in millions, except per-share amounts)”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Sales (D) | $2,703 | | $2,089 | | $7,563 | $6,084 |
| Cost of goods sold (exclusive of expenses below) | 1,700 | | 1,365 | | 4,755 | 4,020 |
| Selling, general administrative, and other expenses | 120 | | 100 | | 379 | 274 |
| Research and development expenses | 11 | | 10 | | 28 | 27 |
| Provision for depreciation and amortization | 93 | | 72 | | 251 | 210 |
First 8 of 23 rows. The CSV has all of them.
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Net income | $567 | | $385 | | $1,681 | $1,136 |
| Other comprehensive income (loss), net of tax (J): | | | | | | |
| Change in unrecognized net actuarial loss and prior service cost related to pension and other postretirement benefits | 3 | | 2 | | 11 | 8 |
| Foreign currency translation adjustments | 4 | | (13) | | (38) | 149 |
| Net change in unrecognized (losses) gains on cash flow hedges | (5) | | 6 | | 5 | (33) |
First 8 of 10 rows. The CSV has all of them.
| September 30, 2026 | December 31, 2025 | |
| Assets | | | |
| Current assets: | | | |
| Cash and cash equivalents | $507 | | $742 |
| Receivables from customers, less allowances of $— in both 2026 and 2025 (K) | 1,116 | | 779 |
| Inventories (L) | 2,113 | | 1,849 |
| Prepaid expenses and other current assets | 381 | | 409 |
| Total current assets | 4,117 | | 3,779 |
First 8 of 39 rows. The CSV has all of them.
| Nine months ended | | |
| September 30, | | |
| 2026 | 2025 | |
| Operating activities | | | |
| Net income | $1,681 | | $1,136 |
| Adjustments to reconcile net income to cash provided from operations: | | | |
| Depreciation and amortization | 251 | | 210 |
| Deferred income taxes | 48 | | 75 |
First 8 of 45 rows. The CSV has all of them.
Table 6 after “(in millions, except per-share amounts)”
Download CSV
| Preferred stock | Common stock | | Additional capital | Retained earnings | | Accumulated other comprehensive loss | Total Equity | |
| Balance at June 30, 2025 | $55 | | $404 | | $2,898 | $3,434 | | $(1,749) | $5,042 |
| Net income | — | | — | | — | 385 | | — | 385 |
| Other comprehensive loss (J) | — | | — | | — | — | | (5) | (5) |
| Cash dividends declared: | | | | | | | | | |
| Preferred-Class A @ $0.9375 per share (I) | — | | — | | — | (1) | | — | (1) |
| Common @ $0.24 per share | — | | — | | — | (96) | | — | (96) |
| Repurchase and retirement of common stock (I) | — | | (1) | | (201) | — | | — | (202) |
First 8 of 10 rows. The CSV has all of them.
Table 7 after “(in millions, except per-share amounts)”
Download CSV
| Preferred stock | Common stock | | Additional capital | Retained earnings | | Accumulated other comprehensive loss | Total Equity | |
| Balance at June 30, 2026 | $— | | $400 | | $1,919 | $5,110 | | $(1,697) | $5,732 |
| Net income | — | | — | | — | 567 | | — | 567 |
| Other comprehensive income (J) | — | | — | | — | — | | 2 | 2 |
| Cash dividends declared: | | | | | | | | | |
| Common @ $0.14 per share | — | | — | | — | (56) | | — | (56) |
| Repurchase and retirement of common stock (I) | — | | (2) | | (502) | — | | — | (504) |
| Stock-based compensation | — | | — | | 23 | — | | — | 23 |
First 8 of 10 rows. The CSV has all of them.
Table 8 after “(U.S. dollars in millions, except per-share amounts)”
Download CSV
| Preferred stock | Common stock | | Additional capital | Retained earnings | | Accumulated other comprehensive loss | Total Equity | |
| Balance at December 31, 2024 | $55 | | $405 | | $3,206 | $2,766 | | $(1,878) | $4,554 |
| Net income | — | | — | | — | 1,136 | | — | 1,136 |
| Other comprehensive income (J) | — | | — | | — | — | | 124 | 124 |
| Cash dividends declared: | | | | | | | | | |
| Preferred-Class A @ $2.8125 per share (I) | — | | — | | — | (2) | | — | (2) |
| Common @ $0.44 per share | — | | — | | — | (178) | | — | (178) |
| Repurchase and retirement of common stock (I) | — | | (3) | | (501) | — | | — | (504) |
First 8 of 11 rows. The CSV has all of them.
Table 9 after “(U.S. dollars in millions, except per-share amounts)”
Download CSV
| Preferred stock | Common stock | | Additional capital | Retained earnings | | Accumulated other comprehensive loss | Total Equity | |
| Balance at December 31, 2025 | $— | | $402 | | $2,531 | $4,093 | | $(1,673) | $5,353 |
| Net income | — | | — | | — | 1,681 | | — | 1,681 |
| Other comprehensive loss (J) | — | | — | | — | — | | (22) | (22) |
| Cash dividends declared: | | | | | | | | | |
| Common @ $0.38 per share | — | | — | | — | (153) | | — | (153) |
| Repurchase and retirement of common stock (I) | — | | (4) | | (1,105) | — | | — | (1,109) |
| Stock-based compensation | — | | — | | 80 | — | | — | 80 |
First 8 of 10 rows. The CSV has all of them.
Table 10 after “The Company’s preliminary allocation of the purchase price for both the CAM and Brunner acquisitions, based upon the estimated fair value of”
Download CSV
| Assets Acquired | |
| Receivables from customers | $83 |
| Inventories | 159 |
| Properties, plants, and equipment | 204 |
| Other noncurrent assets | 49 |
| Intangible assets | 425 |
| Total Assets Acquired | 920 |
| Liabilities Assumed | |
First 8 of 15 rows. The CSV has all of them.
Table 11 after “The operating results of the Company’s reportable segments were as follows:”
Download CSV
| Engine Products | Fastening Systems | | Engineered Structures | Forged Wheels | Total Segment | | |
| Third quarter ended September 30, 2026 | | | | | | | | |
| Sales: | | | | | | | | |
| Third-party sales | $1,451 | | $630 | | $295 | | $327 | $2,703 |
| Inter-segment sales | 2 | | — | | 13 | | — | 15 |
| Total sales | $1,453 | | $630 | | $308 | | $327 | $2,718 |
| Expenses: | | | | | | | | |
| Segment Adjusted cost of goods sold(1) | $855 | | $403 | | $229 | | $230 | $1,717 |
First 8 of 44 rows. The CSV has all of them.
| Nine months ended September 30, 2025 | | | | | |
| Sales: | | | | | |
| Third-party sales | $3,099 | $1,291 | $919 | $775 | $6,084 |
| Inter-segment sales | 7 | — | 22 | — | 29 |
| Total sales | $3,106 | $1,291 | $941 | $775 | $6,113 |
| Expenses: | | | | | |
| Segment Adjusted cost of goods sold(1) | $2,002 | $812 | $716 | $525 | $4,055 |
| Other segment items(2) | 81 | 88 | 26 | 33 | 228 |
First 8 of 15 rows. The CSV has all of them.
Table 13 after “The following table reconciles Total Segment Adjusted EBITDA to Income before income taxes. Differences between the total segment and consol”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Total Segment Adjusted EBITDA | $908 | | $637 | | $2,518 | $1,830 |
| Segment provision for depreciation and amortization | (91) | | (70) | | (246) | (205) |
| Unallocated amounts: | | | | | | |
| Restructuring and other credits | (2) | | — | | 91 | 4 |
| Corporate expense(1) | (38) | | (25) | | (122) | (72) |
First 8 of 12 rows. The CSV has all of them.
Table 14 after “The following table reconciles total segment capital expenditures with Capital expenditures as presented in the Statement of Consolidated Ca”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Total segment capital expenditures | $142 | | $105 | | $333 | $319 |
| Corporate | 5 | | 3 | | 12 | 10 |
| Capital expenditures | $147 | | $108 | | $345 | $329 |
Table 15 after “The following table disaggregates segment revenue by major market served. Differences between the total segment and consolidated totals are ”
Download CSV
| Engine Products | Fastening Systems | | Engineered Structures | Forged Wheels | Total Segment | | |
| Third quarter ended September 30, 2026 | | | | | | | | |
| Aerospace - Commercial | $824 | | $439 | | $196 | | $— | $1,459 |
| Aerospace - Defense | 239 | | 73 | | 79 | | — | 391 |
| Commercial Transportation | — | | 57 | | — | | 327 | 384 |
| Gas Turbines | 348 | | 1 | | — | | — | 349 |
| Other | 40 | | 60 | | 20 | | — | 120 |
| Total end-market revenue | $1,451 | | $630 | | $295 | | $327 | $2,703 |
First 8 of 29 rows. The CSV has all of them.
Table 16 after “Restructuring and Other Charges (Credits)”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Layoff costs | $2 | | $— | | $2 | $3 |
| Reversals of previously recorded layoff reserves | — | | — | | — | (2) |
| Pension and Other post-retirement benefits - net settlements (F) | 1 | | — | | 1 | — |
| Net gains related to divestitures of assets and businesses (C) | (1) | | (1) | | (94) | (6) |
| Other | — | | 1 | | — | 1 |
First 8 of 9 rows. The CSV has all of them.
| Layoff costs | Other exit costs | | Total | |
| Reserve balances at December 31, 2025 | $1 | | $— | | $1 |
| Cash payments | — | | (1) | | (1) |
| Restructuring and other charges (credits) | 2 | | (93) | | (91) |
| Other(1) | — | | 94 | | 94 |
| Reserve balances at September 30, 2026 | $3 | | $— | | $3 |
Table 18 after “The components of net periodic cost (benefit) were as follows:”
Download CSV
| Third quarter ended | | Nine months ended | | | |
| September 30, | | September 30, | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Pension benefits | | | | | | |
| Service cost | $— | | $1 | | $1 | $2 |
| Interest cost | 16 | | 18 | | 47 | 56 |
| Expected return on plan assets | (14) | | (17) | | (41) | (50) |
| Recognized net actuarial loss | 9 | | 8 | | 27 | 23 |
First 8 of 16 rows. The CSV has all of them.
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Non-service costs - pension and other postretirement benefits (F) | $8 | | $6 | | $23 | $19 |
| Interest income | (5) | | (5) | | (22) | (13) |
| Foreign currency (gains) losses, net | (1) | | (1) | | 1 | (4) |
| Net realized and unrealized losses | 6 | | 6 | | 14 | 17 |
| Deferred compensation | — | | 4 | | 6 | 14 |
First 8 of 10 rows. The CSV has all of them.
Table 20 after “The tax provision was comprised of the following:”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Pre-tax income at estimated annual effective income tax rate before discrete items | $150 | | $106 | | $432 | $301 |
| Impact of change in estimated annual effective tax rate on previous quarter’s pre-tax income | (2) | | 5 | | — | — |
| Other discrete items | 6 | | (1) | | (35) | (27) |
| Provision for income taxes | $154 | | $110 | | $397 | $274 |
Table 21 after “The information used to compute basic and diluted EPS attributable to Howmet common shareholders was as follows (shares in millions in the t”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Net income | $567 | | $385 | | $1,681 | $1,136 |
| Less: preferred stock dividends declared | — | | 1 | | — | 2 |
| Net income available to Howmet Aerospace common shareholders - basic and diluted | $567 | | $384 | | $1,681 | $1,134 |
| Average shares outstanding - basic | 398 | | 403 | | 400 | 404 |
| Effect of dilutive securities: | | | | | | |
First 8 of 10 rows. The CSV has all of them.
Table 22 after “The following table provides details for share repurchases made for the periods presented:”
Download CSV
| Number of shares(1) | Average price per share(2) | | Total | |
| Q1 2026 open market repurchase | 1,301,914 | | $230.43 | | $300 |
| Q2 2026 open market repurchase | 1,197,056 | | $250.61 | | $300 |
| Q3 2026 open market repurchase | 1,888,442 | | $264.77 | | $500 |
| 2026 open market repurchases as of September 30, 2026 | 4,387,412 | | $250.72 | | $1,100 |
| Q1 2025 open market repurchase | 1,006,102 | | $124.24 | | $125 |
| Q2 2025 open market repurchase | 1,229,313 | | $142.36 | | $175 |
| Q3 2025 open market repurchase | 1,097,686 | | $182.20 | | $200 |
First 8 of 9 rows. The CSV has all of them.
Table 23 after “The following table details the activity of the three components that comprise Accumulated other comprehensive loss:”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Pension and other postretirement benefits (F) | | | | | | |
| Balance at beginning of period | $(584) | | $(666) | | $(592) | $(672) |
| Other comprehensive income: | | | | | | |
| Unrecognized net actuarial (loss) and prior service cost | (8) | | (1) | | (8) | (1) |
| Tax benefit | 6 | | — | | 6 | 1 |
First 8 of 28 rows. The CSV has all of them.
| September 30, 2026 | December 31, 2025 | |
| Finished goods | $447 | | $462 |
| Work-in-process | 1,047 | | 885 |
| Purchased raw materials | 527 | | 424 |
| Operating supplies | 92 | | 78 |
| Total inventories | $2,113 | | $1,849 |
Table 25 after “Properties, Plants, and Equipment, net”
Download CSV
| September 30, 2026 | December 31, 2025 | |
| Land and land rights | $120 | | $85 |
| Structures | 1,197 | | 1,134 |
| Machinery and equipment | 4,523 | | 4,275 |
| 5,840 | | 5,494 |
| Less: accumulated depreciation and amortization | 3,358 | | 3,236 |
| 2,482 | | 2,258 |
| Construction work-in-progress | 430 | | 335 |
First 8 of 9 rows. The CSV has all of them.
Table 26 after “Operating lease right-of-use assets and lease liabilities in the Consolidated Balance Sheet were as follows:”
Download CSV
| September 30, 2026 | December 31, 2025 | |
| Right-of-use assets classified in Other noncurrent assets | $178 | | $162 |
| Current portion of lease liabilities classified in Other current liabilities | $46 | | $42 |
| Long-term portion of lease liabilities classified in Other noncurrent liabilities and deferred credits | 132 | | 121 |
| Total lease liabilities | $178 | | $163 |
| September 30, 2026 | December 31, 2025 | |
| JPY Term Loan Facility, due 2026 | $— | | $191 |
| 6.750% Bonds, due 2028(1) | 300 | | 300 |
| 3.750% Notes, due 2028 | 400 | | — |
| 3.000% Notes, due 2029 | 700 | | 700 |
| 3.900% Notes, due 2029 | 300 | | — |
| 4.850% Notes, due 2031(2) | 500 | | 500 |
| 4.550% Notes, due 2032 | 500 | | 500 |
First 8 of 16 rows. The CSV has all of them.
Table 28 after “The fair value of Long-term debt, less long-term debt due within one year, was based on quoted market prices for public debt with similar te”
Download CSV
| | September 30, 2026 | December 31, 2025 | | | | |
| | Carrying value | Fair value | | Carrying value | Fair value | |
| Available-for-sale securities | Level 1 | $17 | | $17 | | $18 | $18 |
| Held-to-maturity investments | Level 2 | $3 | | $3 | | $5 | $5 |
| Long-term debt, less long-term debt due within one year | Level 2 | $4,052 | | $3,894 | | $2,859 | $2,919 |
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Third-party sales | $1,451 | | $1,087 | | $4,077 | $3,099 |
| Segment Adjusted EBITDA | 567 | | 362 | | 1,542 | 1,023 |
| Segment Adjusted EBITDA Margin | 39.1% | | 33.3% | | 37.8% | 33.0% |
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Third-party sales | $630 | | $448 | | $1,690 | $1,291 |
| Segment Adjusted EBITDA | 185 | | 138 | | 512 | 391 |
| Segment Adjusted EBITDA Margin | 29.4% | | 30.8% | | 30.3% | 30.3% |
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Third-party sales | $295 | | $307 | | $858 | $919 |
| Segment Adjusted EBITDA | 70 | | 64 | | 200 | 199 |
| Segment Adjusted EBITDA Margin | 23.7% | | 20.8% | | 23.3% | 21.7% |
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Third-party sales | $327 | | $247 | | $938 | $775 |
| Segment Adjusted EBITDA | 86 | | 73 | | 264 | 217 |
| Segment Adjusted EBITDA Margin | 26.3% | | 29.6% | | 28.1% | 28.0% |
Table 33 after “Reconciliation of Total Segment Adjusted EBITDA to Income before income taxes”
Download CSV
| Third quarter ended | Nine months ended | | | | |
| September 30, | September 30, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Income before income taxes | $721 | | $495 | | $2,078 | $1,410 |
| Interest expense, net | 48 | | 37 | | 142 | 114 |
| Other expense, net | 8 | | 10 | | 21 | 33 |
| Operating income | $777 | | $542 | | $2,241 | $1,557 |
| Segment provision for depreciation and amortization | 91 | | 70 | | 246 | 205 |
First 8 of 12 rows. The CSV has all of them.
Table 34 after “The three major credit rating agencies have rated Howmet’s debt with investment grade ratings. The Company’s most recent short-term and long”
Download CSV
| Short-Term | Long-Term | Outlook |
| S&P Global Ratings (“S&P”) | A-2 | BBB+ | Stable |
| Moody’s Investors Service, Inc. (“Moody’s”) | P-2 | Baa1 | Positive |
| Fitch Ratings, Inc. (“Fitch”) | F1 | A- | Stable |
Table 35 after “The following table presents information with respect to the Company’s repurchases of its common stock during the quarter ended September 30”
Download CSV
| Period | Total Number of Shares Purchased | Average Price Paid Per Share(1) | | Total Number of Shares Purchased as Part of Publicly Announced Repurchase Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions)(1)(2) | |
| July 1 - July 31, 2026 | 723,044 | | $276.61 | | 723,044 | $697 |
| August 1 - August 31, 2026 | 270,742 | | $277.01 | | 270,742 | $622 |
| September 1 - September 30, 2026 | 894,656 | | $251.49 | | 894,656 | $397 |
| Total for quarter ended September 30, 2026 | 1,888,442 | | $264.77 | | 1,888,442 | |
| 10.1 | Non-Employee Director Compensation Policy, effective January 1, 2027. |
| 31 | Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. |
First 8 of 10 rows. The CSV has all of them.