General Motors (GM) Tax Rate (2010 - 2026)

General Motors has reported Tax Rate for 17 years, with the latest figure at 19.18% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 95.0% year-over-year to 19.18%; the trailing twelve-month figure through Mar 2026 stood at 9.06% (down 2140.0% YoY), and the FY2025 full-year result was 10.84%, down 1916.0% from the prior year.
• Tax Rate for Q1 2026 stood at 19.18%, down from 23.25% in the prior quarter.
• The five-year high for Tax Rate was 23.25% in Q4 2025, with the low at 73.68% in Q4 2023.
• Historically, Tax Rate has averaged 10.36% across 5 years, with a median of 19.18% in 2026.
• Annual changes were most pronounced in 2023 — Tax Rate plunged 9609 bps — and 2024, when it soared 5976 bps.
• General Motors' Tax Rate stood at 22.41% in 2022, then plunged by 429 bps to 73.68% in 2023, then jumped by 81 bps to 13.92% in 2024, then surged by 267 bps to 23.25% in 2025, then retreated by 18 bps to 19.18% in 2026.
• The last three Tax Rate figures came in at 19.18% (Q1 2026), 23.25% (Q4 2025), and 8.95% (Q3 2025), per Business Quant data.