Howmet Aerospace Inc. (HWM) Tax Rate: 18.04%
Is Howmet Aerospace Inc.’s tax rate high or low?
Howmet Aerospace Inc.'s tax rate of 18.04% is 43% above its 5-year average of 12.61%, near the high end of its 5-year range (-23.39%–22.61%).
4.49% above its 12-month average of 17.27%.
HWM Tax Rate Chart
HWM Average Tax Rate Chart
HWM Current vs Average Tax Rate Chart
HWM Tax Rate Metrics
TAX RATE
18.04%
TAX RATE AVG TTM
17.27%
TAX RATE AVG 3Y
19.67%
TAX RATE AVG 5Y
12.61%
TAX RATE AVG 10Y
72.66%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+4.49%
CURRENT VS 3Y AVG
-8.29%
CURRENT VS 5Y AVG
+43.06%
CURRENT VS 10Y AVG
-75.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Howmet Aerospace Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Howmet Aerospace Inc. Tax Rate FAQ
- What is the tax rate for Howmet Aerospace Inc. (HWM)?
- The tax rate for HWM stock is 18.04%.
- Is Howmet Aerospace Inc.'s tax rate high or low?
- Howmet Aerospace Inc.'s tax rate of 18.04% is 43% above its 5-year average of 12.61%, near the high end of its 5-year range (-23.39%–22.61%).
- What is the TTM average tax rate for Howmet Aerospace Inc. (HWM)?
- The TTM average tax rate for HWM stock is 17.27%.
- What is the 3Y average tax rate for Howmet Aerospace Inc. (HWM)?
- The 3Y average tax rate for HWM stock is 19.67%.
- What is the 5Y average tax rate for Howmet Aerospace Inc. (HWM)?
- The 5Y average tax rate for HWM stock is 12.61%.
- What is the 10Y average tax rate for Howmet Aerospace Inc. (HWM)?
- The 10Y average tax rate for HWM stock is 72.66%.
Howmet Aerospace Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 18.04% |
| 2024-12-31 | 16.49% |
| 2023-12-31 | 21.54% |
| 2022-12-31 | 22.61% |
| 2021-12-31 | 20.37% |
| 2020-12-31 | -23.39% |
| 2019-12-31 | 40.00% |
| 2018-12-31 | 26.04% |
| 2017-12-31 | 115.74% |
| 2016-12-31 | 356.52% |
| 2015-12-31 | 185.25% |
| 2014-12-31 | 153.98% |
Related Metrics
About Howmet Aerospace Inc.
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- John C. Plant