Howmet Aerospace (HWM) Tax Rate (2009 - 2026)

Howmet Aerospace (HWM) posted Tax Rate of 18.08% for Q1 2026, up 34.03% sequentially from 13.49% in Q4 2025, and down 479.0% YoY from 4.77% in Q1 2025.

Howmet Aerospace (HWM) Tax Rate (2009 - 2026) Analysis & Trends

Howmet Aerospace (HWM) has 18 years of Tax Rate data on file, last reported at 18.08% in Q1 2026.

  • Quarterly Tax Rate fell 479.0% year-over-year to 18.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.03% (down 66.0% YoY) and the FY2025 annual result came in at 18.04%, up 156.0% from the prior year.
  • Tax Rate advanced to 18.08% in Q1 2026 per HWM's latest filing, from 13.49% in the prior quarter.
  • The five-year high for Tax Rate was 32.73% in Q1 2023, with the low at 6.21% in Q3 2024.
  • Average Tax Rate over 5 years is 19.74%, with a median of 20.36% recorded in 2024.
  • Year-over-year, Tax Rate soared 4047 bps in 2022 and tumbled 1610 bps in 2024.
  • Howmet Aerospace's Tax Rate stood at 25.0% in 2022, then sank by 50 bps to 12.59% in 2023, then soared by 58 bps to 19.9% in 2024, then plunged by 32 bps to 13.49% in 2025, then surged by 34 bps to 18.08% in 2026.
  • Business Quant data shows HWM's Tax Rate at 18.08% in Q1 2026, 13.49% in Q4 2025, and 22.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 126.92%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 14.40%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 17.82%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 16.12%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 18.08%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 23.43%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 15.05%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 3.83%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 13.07%
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 21.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.08%
Mar 31, 2026 18.08%
Dec 31, 2025 13.49%
Dec 31, 2025 13.49%
Sep 30, 2025 22.22%
Sep 30, 2025 22.22%
Jun 30, 2025 13.22%
Jun 30, 2025 13.22%
Mar 31, 2025 22.87%
Mar 31, 2025 22.87%
Dec 31, 2024 19.90%
Dec 31, 2024 19.90%
Sep 30, 2024 6.21%
Sep 30, 2024 6.21%
Jun 30, 2024 20.36%
Jun 30, 2024 20.36%
Mar 31, 2024 19.80%
Mar 31, 2024 19.80%
Dec 31, 2023 12.59%
Dec 31, 2023 12.59%