Non-Current Assets

Net Operating Loss Carryforwards

Howmet Aerospace Net Operating Loss Carryforwards increased by 0.5% to $1.95B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $1.94B to $1.95B. Over 5 years (FY 2020 to FY 2025), Net Operating Loss Carryforwards shows a downward trend with a -9.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase indicates higher potential future tax savings, though it may also reflect past periods of financial difficulty.

Detailed definition

These are tax assets representing losses that can be applied against future taxable income to reduce tax liabilities. Th...

Peer comparison

Standard across all sectors; large banks often have these due to historical cyclical downturns.

Metric ID: net_operating_loss_carryforwards

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$3.23B$2.96B$2.91B$1.94B$1.95B
QoQ Change-8.4%-1.7%-33.2%+0.5%
YoY Change-8.4%-1.7%-33.2%+0.5%
Range$1.94B$3.23B
CAGR-39.6%
Avg YoY Growth-10.7%
Median YoY Growth-5.0%

Frequently Asked Questions

What is Howmet Aerospace's net operating loss carryforwards?
Howmet Aerospace (HWM) reported net operating loss carryforwards of $1.95B in Q4 2025.
How has Howmet Aerospace's net operating loss carryforwards changed year-over-year?
Howmet Aerospace's net operating loss carryforwards increased by 0.5% year-over-year, from $1.94B to $1.95B.
What is the long-term trend for Howmet Aerospace's net operating loss carryforwards?
Over 5 years (2020 to 2025), Howmet Aerospace's net operating loss carryforwards has grown at a -9.8% compound annual growth rate (CAGR), from $3.27B to $1.95B.
What does net operating loss carryforwards mean?
Past losses that can be used to lower future tax bills.