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Screener / SEC EDGAR /CIK 0000004281 /10-K filed Feb 12, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
ROKXYLHWMTDGDOVFAST
NYSE Industrials · Metals

Howmet Aerospace HWM

HWM quote by TradingView

Howmet Aerospace Inc. is a Delaware corporation with its principal office in Pittsburgh, Pennsylvania. 10-K, Item 1

Headquarters
Pittsburgh, PA
CEO
John C. Plant
Next results
around Feb 11, 2027
Compare with peers Embed

HWM among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 11.1%, above 85% of 81 peers (their median 4.6%) REVENUE GROWTH 11.1% · above 85% Operating margin: 28.1%, above 90% of 71 peers (their median 17.5%) OPERATING MARGIN 28.1% · above 90% Net margin: 21.1%, above 93% of 81 peers (their median 13.0%) NET MARGIN 21.1% · above 93% FCF margin: 19.8%, above 86% of 78 peers (their median 13.0%) FCF MARGIN 19.8% · above 86% Return on capital: 16.4%, above 68% of 65 peers (their median 13.8%) RETURN ON CAPITAL 16.4% · above 68%
HWM Peer median Below the median

What changed

4 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 12, 2026 against Feb 14, 2025.

Risk factors
4 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Valuation of Certain U.S Defined Benefit Pension Plan Obligations (“As described in Note G of the consolidated financial statements, the Company's pension plan benefit obligation as of December 31, 2025 was $1,371 million, of which $1,346 million related to U.S. pension plans. The Company’s pension plan benefit obligations are determined using actuarial methodologie”). No longer listed: Goodwill Impairment Assessment - Engineered Structures Reporting Unit
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Valuation of Certain U.S Defined Benefit Pension Plan Obligations (“As described in Note G of the consolidated financial statements, the Company's pension plan benefit obligation as of December 31, 2025 was $1,371 million, of which $1,346 million related to U.S. pension plans. The Company’s pension plan benefit obligations are determined using actuarial methodologie”). No longer listed: Goodwill Impairment Assessment - Engineered Structures Reporting Unit
  • Receivables +13.1% vs revenue +11.1% (+2.0 pts)
9 more checks with nothing to note
  • Cash from operations $1.9B vs net income $1.5B (FY ending Dec 31, 2025)
  • Inventory +0.5% vs revenue +11.1% (-10.6 pts)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

4 paragraphs in Risk Factors that were not in the 10-K filed Feb 14, 2025. Quoted as filed.

All 4 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    Howmet may not realize the expected benefits of acquisitions on the anticipated time frame or at all. On December 22, 2025, Howmet entered into a purchase agreement with Stanley Black & Decker, pursuant to which the Company has agreed to purchase CAM for a cash purchase price of approximately $1.8 billion, subject to customary…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$5.7B$6.6B$7.4B$8.3B
Net income$469.0M$765.0M$1.2B$1.5B
Operating cash flow$733.0M$901.0M$1.3B$1.9B
Free cash flow$540.0M$682.0M$977.0M$1.4B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$8.3B ▲ 11.1% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Howmet Aerospace, Pittsburgh, PA · from the 10-K filed Feb 12, 2026

Howmet Aerospace Inc. is a Delaware corporation with its principal office in Pittsburgh, Pennsylvania. In this report, unless the context otherwise requires, “Howmet”, the “Company”, “we”, “us”, and “our” refer to Howmet Aerospace Inc. and its consolidated subsidiaries. The Company’s Internet address is https://www.howmet.com.

Headquarters
Pittsburgh, PA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 29, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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