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HOWMET AEROSPACE INC. FY 2025 10-K, explained in plain English

HWM · 10-K for the period ending December 31, 2025, filed February 12, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$8.3B
Gross margin— not reported
Operating income$2.0B
Net income$1.5B
Diluted EPS$3.71
Cash & equivalents$742.0M
Total assets$11.2B
Long-term debt$3.0B

Key takeaway

2025 sales increased 11% to $8,252M on strength in commercial aerospace, defense aerospace, and gas turbines markets, including engine spares, partially offset by weaker commercial transportation volumes.

🔒 4 more takeaways in the full analysis

Beneath the surface

Restructuring and other charges jumped to $84M in 2025 from $21M in 2024, driven mainly by an $89M U.K. pension plan settlement charge, a one-off item that masks underlying operating cost trends.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for HWM.

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