Howmet Aerospace Posts Record Quarterly Growth With Expanding Margins
As seen on the 24/7 Wall St. homepage on October 29, 2026.
Howmet's performance was solid in all dimensions, with third quarter results exceeding the high end of guidance. Revenue grew 29% year over year and 25% organically, the strongest quarterly growth rate on record for Howmet. Adjusted EBITDA margin expanded 310 basis points year over year to 32.5%.
Plant is calling the fastest quarterly growth in company history, and margins expanded alongside it. Jet engine parts demand is running hot enough that guidance was never the ceiling.
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Revenue grew 25% on an organic basis, which CEO John Plant identified as the strongest quarterly growth rate in Howmet's history as a standalone company.
Profitability moved with the top line: adjusted EBITDA margin expanded 310 basis points year over year, an uncommon pairing with growth of this size.
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Results also came in above the high end of guidance, meaning internal targets were not the limiting factor this quarter. That distinction matters for investors gauging whether the current pace is sustainable or whether management guides conservatively and then outperforms by design.
Howmet supplies precision components, including jet engine parts, to an aerospace market where demand runs well ahead of pre-pandemic norms as airlines rebuild fleets and defense spending stays elevated. The organic figure strips out currency and acquisition effects, so it reflects genuine underlying demand.
Sources
Mentioned: HWM