Earnings call briefThird-quarter 2026
Howmet Aerospace HWM
Howmet Aerospace expects gas turbine sales to double from 2025 within three years
Howmet Aerospace said it now expects 2026 free cash flow of $2 billion, plus or minus $50 million.
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On its third-quarter call, Executive Chairman and Chief Executive Officer John Plant said Howmet Aerospace now sees gas turbine sales doubling from 2025 within three years rather than the three to five years previously given.
Howmet Aerospace said gas turbine sales may reach 2.5 times the 2025 level within five years, about $2.5 billion by the decade's end.
Quotes from the call
“For the full year, the guidance increased again across the board to revenues of $10.3 billion, plus or minus $10 million, EBITDA at $3.33 billion plus or minus $5 million, and earnings per share at $5.50, plus or minus a penny. Free cash flow has been increased to $2 billion, plus or minus $50 million.”
Key facts from the call
- 2026 free cash flow outlook
- $2 billion, plus or minus $50 million
- Expected gas turbine sales doubling from 2025
- Within three years
Source: Howmet Aerospace's third-quarter 2026 earnings call, October 29, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.