Howmet Aerospace (HWM) Tax Rate (2009 - 2026)
Howmet Aerospace (HWM) reported Tax Rate of 18.08% for Q1 2026, down 479.0% on a YoY basis from 4.77% in Q1 2025, and up 34.03% sequentially from 13.49% in Q4 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.
- For the quarter ending Q1 2026, Tax Rate fell 479.0% year-over-year to 18.08%; the trailing twelve-month figure through Mar 2026 stood at 17.03% (down 66.0% YoY), and the FY2025 full-year result was 18.04%, up 156.0% from the prior year.
- Tax Rate advanced to 18.08% in Q1 2026, 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.
- A 5-year average of 19.74% and a median of 20.36% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 4047 bps in 2022 and tumbled 1610 bps in 2024, its largest moves.
- Tracing HWM's Tax Rate over 5 years: stood at 25.0% in 2022, then sank by 50 bps to 12.59% in 2023, then surged by 58 bps to 19.9% in 2024, then plunged by 32 bps to 13.49% in 2025, then jumped 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 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn | 14.53% |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn | 18.08% |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn | 23.43% |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn | 13.07% |
| 10 | Embraer | 49.85 Bn | 47.89 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.08% |
| Mar 31, 2026 | 18.08% |
| Mar 31, 2026 | 18.08% |
| Dec 31, 2025 | 13.49% |
| Dec 31, 2025 | 13.49% |
| Dec 31, 2025 | 13.49% |
| Sep 30, 2025 | 22.22% |
| Sep 30, 2025 | 22.22% |
| Sep 30, 2025 | 22.22% |
| Jun 30, 2025 | 13.22% |
| Jun 30, 2025 | 13.22% |
| Jun 30, 2025 | 13.22% |
| Mar 31, 2025 | 22.87% |
| Mar 31, 2025 | 22.87% |
| Mar 31, 2025 | 22.87% |
| Dec 31, 2024 | 19.90% |
| Dec 31, 2024 | 19.90% |
| Dec 31, 2024 | 19.90% |
| Sep 30, 2024 | 6.21% |
| Sep 30, 2024 | 6.21% |