Current Liabilities

Income Taxes Payable

Howmet Aerospace Income Taxes Payable increased by 5.2% to $81.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.9%, from $105.00M to $81.00M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -5.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$80.00M$77.00M$61.00M$63.00M$58.00M$56.00M$48.00M$64.00M$78.00M$73.00M$68.00M$84.00M$81.00M$59.00M$60.00M$105.00M$64.00M$71.00M$77.00M$81.00M
QoQ Change-3.8%-20.8%+3.3%-7.9%-3.4%-14.3%+33.3%+21.9%-6.4%-6.8%+23.5%-3.6%-27.2%+1.7%+75.0%-39.0%+10.9%+8.5%+5.2%
YoY Change-27.5%-27.3%-21.3%+1.6%+34.5%+30.4%+41.7%+31.3%+3.8%-19.2%-11.8%+25.0%-21.0%+20.3%+28.3%-22.9%
Range$48.00M$105.00M
CAGR+0.3%
Avg YoY Growth+4.1%
Median YoY Growth+2.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Howmet Aerospace's income taxes payable?
Howmet Aerospace (HWM) reported income taxes payable of $81.00M in Q1 2026.
How has Howmet Aerospace's income taxes payable changed year-over-year?
Howmet Aerospace's income taxes payable decreased by 22.9% year-over-year, from $105.00M to $81.00M.
What is the long-term trend for Howmet Aerospace's income taxes payable?
Over 5 years (2020 to 2025), Howmet Aerospace's income taxes payable has grown at a -5.5% compound annual growth rate (CAGR), from $102.00M to $77.00M.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.