Howmet Aerospace Inc.: Capitalizing on Explosive Commercial Aerospace Growth for 2025!

Howmet Aerospace’s third quarter 2024 results demonstrate significant performance gains amidst a complex operating environment. The company’s revenue growth was substantial at 11% year-over-year, with commercial aerospace driving much of this improvement with a 17% increase in revenue. The engine products and fasteners segments excelled, supported by robust structures performance. Operating income grew by 33%, enhancing the margin by 390 basis points to reach 22.8%. Howmet achieved record EBITDA, both in terms of absolute dollar value and margin percentage, indicating strong operational efficiency and cost management capabilities.