财务数据和关键指标变化 - 公司第三季度销售额为16.58亿美元,同比增长16% [8] - EBITDA为3.82亿美元,同比增长18%,EBITDA利润率达到23% [8] - 营业利润增长22%,营业利润率达到19% [10] - 每股收益增长28% [20] - 自由现金流为1.32亿美元,公司偿还了2亿美元债务,回购了2500万美元股票,并宣布将股息提高25% [11] 各条业务线数据和关键指标变化 - 发动机业务收入增长17%,EBITDA增长18%,EBITDA利润率达到27.4% [28][29] - 紧固系统业务收入增长20%,EBITDA增长19%,EBITDA利润率达到21.8% [30] - 结构件业务收入增长18%,EBITDA增长7%,EBITDA利润率达到13.2% [31][32] - 锻造轮毂业务收入增长7%,EBITDA增长20%,EBITDA利润率达到19.5% [33] 各个市场数据和关键指标变化 - 商用航空市场收入同比增长23%,占总收入的49% [13] - 国防航空市场收入同比增长13% [13] - 商用运输市场收入同比增长7% [13][14] - 工业及其他市场收入同比增长10% [15] 公司战略和发展方向及行业竞争 - 公司看好商用航空和国防航空市场的长期需求,预计2024年总收入将达到约70亿美元 [42][43] - 公司在高温涡轮叶片等关键技术上具有优势,能够为客户提供更高性能的产品 [144][145][146] - 公司在结构件业务方面仍需进一步提升生产效率和盈利能力 [141][142][143] 管理层对经营环境和未来前景的评论 - 商用航空市场需求持续强劲,航空公司载客率和国际航线恢复情况良好 [37][38] - 国防航空市场也保持强劲,F-35等项目引擎备件需求增加 [39][40] - 工业和商用运输市场整体保持健康,但对2024年商用运输市场增长持谨慎态度 [40][41] - 公司有信心应对短期生产不稳定的挑战,看好中长期发展前景 [152][153] 问答环节重要的提问和回答 问题1 **Kristine Liwag 提问** 询问公司2024年对主要机型产量的假设 [49][50][51][52][53] **John Plant 回答** 公司假设2024年波音737月产量在30-40架之间,具体数字还需进一步确认 [50][51][52][53] 问题2 **Scott Mikus 提问** 询问公司是否考虑转移退休金负债以提高自由现金流 [56][57][58][59][60] **John Plant 回答** 公司目前没有考虑转移退休金负债,未来3-5年内可能会部分转移,但目前有更好的资本使用方式 [59][60] 问题3 **David Strauss 提问** 询问公司对GTF发动机升级计划的时间安排 [64][65][66][67] **John Plant 回答** 公司正在与客户合作推进GTF和LEAP-1B发动机的升级计划,具体时间安排需要向客户了解 [64][65][66]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification N ...

Second Quarter 2023 Earnings Call John Plant: Executive Chairman and Chief Executive Officer Ken Giacobbe: EVP and Chief Financial Officer August 1, 2023 Important Information Forward–Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "anticipates," "believes," "could ...

Howmet Aerospace Inc. (NYSE:HWM) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Paul Luther - Vice President, Investor Relations John Plant - Executive Chairman & Chief Executive Officer Ken Giacobbe - Executive Vice President & Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Robert Stallard - Vertical Research David Strauss - Barclays Peter Arment - Baird Robert Spingarn - Melius Research Myles Walton - Wolfe Research Kristine Liwag – Morg ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification No.) 2 ...

Howmet Aerospace Inc. (NYSE:HWM) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Paul Luther - VP, IR John Plant - Executive Chairman, CEO Ken Giacobbe - EVP and CFO Conference Call Participants Noah Poponak - Goldman Sachs Myles Walton - Wolfe Research Robert Spingarn - Melius Research Kristine Liwag - Morgan Stanley Sheila Kahyaoglu - Jefferies Seth Seifman - JPMorgan Robert Stallard - Vertical Research David Strauss - Morgan Stanley Gautam Khanna - Cowen Matt Akers - Wells F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification No.) ...

Howmet Aerospace Inc. (NYSE:HWM) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Paul Luther - Vice President of Investor Relations John Plant - Executive Chairman & Chief Executive Officer Ken Giacobbe - Executive Vice President & Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Kristine Liwag - Morgan Stanley Myles Walton - Wolfe Research Seth Seifman - JPMorgan David Strauss - Barclays Robert Spingarn - Melius Research Ron Epstei ...

Fourth Quarter and Full Year 2022 Earnings Call John Plant: Executive Chairman and Chief Executive Officer Ken Giacobbe: EVP and Chief Financial Officer February 14, 2023 Important Information Forward–Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "anticipates," " ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification No. ...