Howmet Aerospace (HWM) Tax Rate (2010 - 2026)
Howmet Aerospace's Tax Rate was 17.72% in Q2 2026, up 4.50 percentage points from 13.22% a year earlier but down 0.36 percentage points from the prior quarter.
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Analysis
Howmet Aerospace (HWM) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Howmet Aerospace's Tax Rate was 18.01% through Jun 30, 2026, up 2.12 percentage points year-over-year; for FY2025, it was 18.04%, up 1.56 percentage points from FY2024.
- Tax Rate shows a five-year change of +41.44 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 16.49% in FY2024 (-5.05 pp), 21.54% in FY2023 (-1.07 pp), 22.61% in FY2022 (+2.24 pp) and 20.37% in FY2021 (+43.76 pp).
- Quarterly Tax Rate has moved between -17.39% (Q3 2021) and 32.73% (Q1 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -0.44 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 50.58 percentage points); the worst was Q3 2021 (a drop of 417.39 percentage points).
- Per Business Quant data, HWM's Tax Rate in the three quarters before Q2 2026 was 18.08% (Q1 2026), 13.49% (Q4 2025) and 22.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 20.96% |
| 10 | TransDigm | 59.83 Bn | 47.91 Bn | 1.63 Bn | 24.26% |
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% |
| Jun 30, 2021 | 32.73% |
API Access
Howmet Aerospace Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HWM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HWM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HWM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();