Abstract

Howmet Aerospace Inc. will report its quarterly results on February 12, 2026 Pre-Market, and consensus points to continued top-line growth and improved earnings momentum, with investors watching revenue, margins, and adjusted EPS for confirmation of sustained aero demand and operational execution.

Market Forecast

Consensus for the current quarter anticipates revenue of USD 2.13 billion, implying year-over-year growth of 13.14%, with forecast EBIT of USD 0.55 billion growing 29.13% year-over-year and estimated EPS of USD 0.97 up 34.58% year-over-year. The company’s recent trajectory suggests a stable gross profit margin profile into the quarter and continued net profit margin resilience, with adjusted EPS expected to improve sharply against last year’s comparable period. The main business is expected to benefit from aircraft build-rate increases and aftermarket demand, while operational efficiency supports margins. The most promising segment is Engineering Products and Solutions, with revenue of USD 1.11 billion last quarter and robust year-over-year momentum into the current quarter.

Last Quarter Review

Howmet Aerospace Inc. reported last quarter revenue of USD 2.09 billion, a gross profit margin of 34.66%, GAAP net profit attributable to the parent company of USD 0.39 billion with a net profit margin of 18.43%, and adjusted EPS of USD 0.95, with year-over-year growth of 33.80%. A key highlight was EBIT of USD 0.54 billion, exceeding prior expectations and reflecting operational leverage on higher volume and favorable mix. Main business highlights included Engineering Products and Solutions at USD 1.11 billion, Fixed Systems at USD 0.45 billion, Engineered Structures at USD 0.29 billion, and Forged Wheels at USD 0.25 billion, collectively demonstrating balanced growth across commercial aerospace and industrial end markets.

Current Quarter Outlook

Main Business: Aerospace Components and Engineered Systems

The core business, spanning engineered products and fixed systems for commercial and defense aircraft, is poised to benefit from sustained build-rate increases across key platforms and aftermarket activity. Management’s prior quarter performance and the forecasted EPS and EBIT expansion suggest productive pricing and mix, alongside manufacturing efficiencies. Margin expectations align with the company’s recent gross profit margin of 34.66%, implying a constructive spread between revenue growth and cost absorption. Inventory normalization at airframe and engine OEMs, combined with robust demand for precision components, should reinforce the revenue base and support sequential and year-over-year improvement.

Most Promising Segment: Engineering Products and Solutions

Engineering Products and Solutions, at USD 1.11 billion last quarter, stands out as the largest contributor and a key growth engine driven by commercial aerospace demand and aftermarket services. The forecast calls for consolidated revenue growth of 13.14% year-over-year, with segment momentum supported by increased content per aircraft and supply chain stability. Operational throughput gains, including capacity utilization and yield improvements, are expected to support EBIT leverage, consistent with the estimated USD 0.55 billion EBIT for the quarter. Pricing discipline and product mix should underpin EPS growth to USD 0.97, while capacity expansions and process enhancements maintain delivery reliability.

Stock Price Drivers This Quarter

The stock’s performance into and after the print will likely hinge on revenue realization versus the USD 2.13 billion estimate, margin trajectory relative to last quarter’s 34.66% gross profit margin, and adjusted EPS delivery around USD 0.97. Investors will parse management’s commentary on supply-chain stability, OEM schedules, and aftermarket cadence to assess sustainability of growth. Guidance color around production rates, order backlog conversion, and inventory alignment will influence sentiment, while any signs of deferrals or timing shifts at major airframe or engine programs could weigh on the shares. The balance between price-cost dynamics and productivity initiatives will be central to margin confidence.

Analyst Opinions

Analyst commentary gathered in recent months skews bullish, with institutions highlighting resilient aero demand, favorable pricing, and operational execution underpinning margin strength and EPS growth. Recent previews cite upside potential to consensus if aftermarket activity remains firm and if production cadence continues to normalize, supporting the bullish majority view. Well-followed analysts have emphasized the year-over-year expansion embedded in the forecasts—EPS of USD 0.97 up 34.58% and EBIT of USD 0.55 billion up 29.13%—as achievable, contingent on supply-chain coherence and delivery schedules. The constructive stance reflects confidence in the company’s ability to convert backlog and maintain efficiency, with attention on whether management signals any acceleration in revenue above the USD 2.13 billion mark or incremental margin accretion relative to last quarter’s 18.43% net profit margin.