Howmet Aerospace (HWM) Tax Rate (2009 - 2026)
Howmet Aerospace's (HWM) quarterly Tax Rate came in at 17.72% in Q2 2026, up 450.0% year-over-year from 3.22% in Q2 2025, and down 1.99% quarter-over-quarter from 18.08% in Q1 2026.
Analysis
Howmet Aerospace (HWM) Tax Rate (2009 - 2026) Analysis & Trends
Howmet Aerospace has disclosed Tax Rate across 18 years of filings, most recently posting 17.72% for Q2 2026.
- In Q2 2026, Tax Rate rose 450.0% year-over-year to 17.72%; the TTM figure through Jun 2026 stood at 18.01% (up 212.0% YoY), while the FY2025 annual figure was 18.04%, up 156.0% from the prior year.
- Tax Rate came in at 17.72% for Q2 2026 at Howmet Aerospace, down from 18.08% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 32.73% in Q1 2023 to a low of 6.21% in Q3 2024.
- Average Tax Rate over 5 years is 19.62%, with a median of 20.13% recorded in 2024.
- Year-over-year, Tax Rate soared 4047 bps in 2022 and plunged 1610 bps in 2024.
- Over 5 years, Tax Rate stood at 25.0% in 2022, then slumped by 50 bps to 12.59% in 2023, then soared by 58 bps to 19.9% in 2024, then sank by 32 bps to 13.49% in 2025, then surged by 31 bps to 17.72% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 17.72% in Q2 2026, 18.08% in Q1 2026, and 13.49% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.14 Bn | 258.84 Bn | 9.91 Bn | 17.98% |
| 2 | Boeing | 163.65 Bn | 143.63 Bn | 2.41 Bn | -17.26% |
| 3 | Howmet Aerospace | 93.36 Bn | 92.80 Bn | 951.00 Mn | 17.72% |
| 4 | Honeywell International | 65.01 Bn | 55.81 Bn | 3.65 Bn | 20.96% |
| 5 | TransDigm | 64.58 Bn | 61.80 Bn | 1.63 Bn | 24.26% |
| 6 | Heico | 43.72 Bn | 43.48 Bn | 580.99 Mn | 20.62% |
| 7 | AerCap Holdings | 24.34 Bn | 24.34 Bn | - | -15.48% |
| 8 | Woodward | 20.10 Bn | 19.62 Bn | 349.91 Mn | 24.20% |
| 9 | FTAI Aviation | 19.00 Bn | 18.66 Bn | 317.30 Mn | 17.00% |
| 10 | Textron | 13.90 Bn | 12.46 Bn | 304.00 Mn | 18.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.72% |
| Mar 31, 2026 | 18.08% |
| Dec 31, 2025 | 13.49% |
| Sep 30, 2025 | 22.22% |
| Jun 30, 2025 | 13.22% |
| Mar 31, 2025 | 22.87% |
| Dec 31, 2024 | 19.90% |
| Sep 30, 2024 | 6.21% |
| Jun 30, 2024 | 20.36% |
| Mar 31, 2024 | 19.80% |
| Dec 31, 2023 | 12.59% |
| Sep 30, 2023 | 22.31% |
| Jun 30, 2023 | 20.58% |
| Mar 31, 2023 | 32.73% |
| Dec 31, 2022 | 25.00% |
| Sep 30, 2022 | 23.08% |
| Jun 30, 2022 | 19.67% |
| Mar 31, 2022 | 23.39% |
| Dec 31, 2021 | 1.28% |
| Sep 30, 2021 | -17.39% |