Howmet Aerospace (HWM) Q2 FY26 earnings call

Howmet Aerospace delivered a robust second quarter, marked by strong organic revenue growth and significant adjusted EBITDA margin expansion, primarily fueled by demand in commercial aerospace and gas turbine markets. The company continued its aggressive capital deployment strategy, including substantial share repurchases and a dividend increase, while also integrating the CAM acquisition. Management anticipates continued growth, supported by increased capital expenditures for capacity expansion, aiming for a return to target leverage levels by year-end.