Material Reconciling Items — Income Tax Expense Benefit
Howmet Aerospace Material Reconciling Items — Income Tax Expense Benefit increased by 120.7% to $128.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.5%, from $102.00M to $128.00M. Over 4 years (FY 2021 to FY 2025), Material Reconciling Items — Income Tax Expense Benefit shows an upward trend with a 49.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A lower tax expense is generally favorable for net income, provided it is not due to one-time accounting adjustments.
Detailed definition
This represents the corporate-level income tax expense or benefit that is not allocated to individual operating segments...
Peer comparison
Standard corporate accounting practice for large, multi-segment organizations.
hwm_segment_material_reconciling_items_income_tax_expense_benefitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $36.00M | -$4.00M | $1.00M | $40.00M | $36.00M | $24.00M | $37.00M | $72.00M | $50.00M | $54.00M | $34.00M | $60.00M | $68.00M | $22.00M | $78.00M | $102.00M | $62.00M | $110.00M | $58.00M | $128.00M |
| QoQ Change | — | -111.1% | +125.0% | >999% | -10.0% | -33.3% | +54.2% | +94.6% | -30.6% | +8.0% | -37.0% | +76.5% | +13.3% | -67.6% | +254.5% | +30.8% | -39.2% | +77.4% | -47.3% | +120.7% |
| YoY Change | — | — | — | — | +0.0% | +700.0% | >999% | +80.0% | +38.9% | +125.0% | -8.1% | -16.7% | +36.0% | -59.3% | +129.4% | +70.0% | -8.8% | +400.0% | -25.6% | +25.5% |
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Frequently Asked Questions
- What is Howmet Aerospace's material reconciling items — income tax expense benefit?
- Howmet Aerospace (HWM) reported material reconciling items — income tax expense benefit of $128.00M in Q1 2026.
- How has Howmet Aerospace's material reconciling items — income tax expense benefit changed year-over-year?
- Howmet Aerospace's material reconciling items — income tax expense benefit increased by 25.5% year-over-year, from $102.00M to $128.00M.
- What is the long-term trend for Howmet Aerospace's material reconciling items — income tax expense benefit?
- Over 4 years (2021 to 2025), Howmet Aerospace's material reconciling items — income tax expense benefit has grown at a 49.8% compound annual growth rate (CAGR), from $66.00M to $332.00M.
- What does material reconciling items — income tax expense benefit mean?
- The portion of the company's total income tax expense that is not assigned to specific business segments.