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Current Liabilities

Income Taxes Payable

Howmet Aerospace Income Taxes Payable increased by 5.2% to $81M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.9%, from $105M to $81M. 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 generally reflects higher taxable income, while a decrease suggests tax payments have been made or taxable income has declined.

Detailed definition

Income taxes payable represents the current tax liability owed to government authorities based on taxable income generat...

Peer comparison

Varies based on jurisdictional tax rates and the timing of quarterly estimated tax payments.

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$80M$77M$61M$63M$58M$56M$48M$64M$78M$73M$68M$84M$81M$59M$60M$105M$64M$71M$77M$81M
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$48M$105M
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 $81M 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 $105M to $81M.
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 $102M to $77M.
What does income taxes payable mean?
The amount of income tax the company currently owes to tax authorities.