v3.25.2
Earnings Per Share and Common Stock (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Information Used to Compute Basic and Diluted EPS
The information used to compute basic and diluted EPS attributable to Howmet common shareholders was as follows (shares in millions in the table below):
Second quarter endedSix months ended
 June 30,June 30,
 2025202420252024
Net income$407 $266 $751 $509 
Less: preferred stock dividends declared— — 
Net income available to Howmet Aerospace common shareholders - basic and diluted$407 $266 $750 $508 
Average shares outstanding - basic404 408 404 409 
Effect of dilutive securities:
Stock and performance awards
Average shares outstanding - diluted406 411 407 411 
Schedule of Share Repurchases
The following table provides details for share repurchases made for the periods presented:
Number of shares(1)
Average price per share(2)
Total
Q1 2025 open market repurchase1,006,102 $124.24 $125 
Q2 2025 open market repurchase1,229,313 $142.36 $175 
2025 Share repurchases as of June 30, 2025
2,235,415 $134.20 $300 
Q1 2024 open market repurchase2,243,259 $66.87 $150 
Q2 2024 open market repurchase734,737 $81.66 $60 
2024 Share repurchases as of June 30, 2024
2,977,996 $70.52 $210 
(1)All of the shares repurchased have been retired.
(2)Excludes commissions cost.