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

Howmet Aerospace's (HWM) quarterly Tax Rate came in at 18.08% in Q1 2026, down 479.0% year-on-year from 4.77% in Q1 2025, and up 34.03% quarter-over-quarter from 13.49% in Q4 2025.

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

Howmet Aerospace has disclosed Tax Rate across 18 years of filings, most recently posting 18.08% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 18.08%, down 479.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.03% (down 66.0% YoY), and the FY2025 annual result was 18.04%, up 156.0% from the prior year.
  • Tax Rate came in at 18.08% for Q1 2026 at Howmet Aerospace, up from 13.49% 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.
  • The 5-year median for Tax Rate is 20.36% (2024), against an average of 19.74%.
  • Across the five-year window, Tax Rate surged 4047 bps in 2022 and sank 1610 bps in 2024, its largest moves.
  • Howmet Aerospace's Tax Rate stood at 25.0% in 2022, then plunged by 50 bps to 12.59% in 2023, then soared by 58 bps to 19.9% in 2024, then tumbled by 32 bps to 13.49% in 2025, then surged by 34 bps to 18.08% in 2026.
  • The last three Tax Rate figures came in at 18.08% (Q1 2026), 13.49% (Q4 2025), and 22.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 11.46%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 14.40%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 126.92%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 16.12%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 18.08%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 17.82%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 15.05%
10 TransDigm 74.20 Bn 70.32 Bn 1.51 Bn 23.43%

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%