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 has reported Tax Rate for 18 years, with the latest figure 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.
- Over five years, Tax Rate peaked at 32.73% in Q1 2023 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 4047 bps in 2022, then sank 1610 bps in 2024.
- Over 5 years, Tax Rate stood at 25.0% in 2022, then plunged by 50 bps to 12.59% in 2023, then surged by 58 bps to 19.9% in 2024, then tumbled by 32 bps to 13.49% in 2025, then jumped by 34 bps to 18.08% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.08%, 13.49%, and 22.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 24.26% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 15.49% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 9.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.72% |
| Jun 30, 2026 | 17.72% |
| Jun 30, 2026 | 17.72% |
| 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% |