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| Date | Value |
|---|---|
| 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% |