General Motors (GM) Tax Rate (2010 - 2026)
General Motors' (GM) quarterly Tax Rate came in at 13.65% in Q2 2026, down 660.0% YoY from 2.44% in Q2 2025, and down 28.85% on a QoQ basis from 19.18% in Q1 2026.
General Motors (GM) Tax Rate (2010 - 2026) Analysis & Trends
General Motors (GM) has 17 years of Tax Rate data on file, last reported at 13.65% in Q2 2026.
- Quarterly Tax Rate fell 660.0% year-over-year to 13.65% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.24% (down 3211.0% YoY) and the FY2025 annual result came in at 10.84%, down 1916.0% from the prior year.
- Tax Rate fell to 13.65% in Q2 2026, from 19.18% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.25% in Q4 2025 to a low of 73.68% in Q4 2023.
- A 5-year average of 10.56% and a median of 19.13% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 9640 bps — and 2024, when it soared 5976 bps.
- Tracing GM's Tax Rate over 5 years: stood at 22.72% in 2022, then tumbled by 424 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 sank by 41 bps to 13.65% in 2026.
- The last three Tax Rate figures came in at 13.65% (Q2 2026), 19.18% (Q1 2026), and 23.25% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,040.86 Bn | 997.94 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 242.43 Bn | 113.98 Bn | 12.27 Bn | 20.99% |
| 3 | Polestar Automotive Holding UK | 199.81 Bn | 199.81 Bn | -20.00 Mn | - |
| 4 | Ford Motor | 85.01 Bn | 53.71 Bn | 6.08 Bn | 34.97% |
| 5 | General Motors | 78.23 Bn | 55.16 Bn | 7.33 Bn | 13.65% |
| 6 | Li Auto | 25.97 Bn | 12.60 Bn | 262.11 Mn | -12.50% |
| 7 | Xpeng | 22.53 Bn | 19.99 Bn | 388.90 Mn | 0.64% |
| 8 | Rivian Automotive | 21.19 Bn | 15.90 Bn | 179.00 Mn | 0.12% |
| 9 | Stellantis | 16.26 Bn | -24.66 Bn | 5.55 Bn | 41.40% |
| 10 | Nio | 11.54 Bn | 8.43 Bn | 704.43 Mn | 3.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.65% |
| Jun 30, 2026 | 13.65% |
| Jun 30, 2026 | 13.65% |
| Mar 31, 2026 | 19.18% |
| Mar 31, 2026 | 19.18% |
| Mar 31, 2026 | 19.18% |
| Dec 31, 2025 | 23.25% |
| Dec 31, 2025 | 23.25% |
| Dec 31, 2025 | 23.25% |
| Sep 30, 2025 | 8.95% |
| Sep 30, 2025 | 8.95% |
| Sep 30, 2025 | 8.95% |
| Jun 30, 2025 | 20.25% |
| Jun 30, 2025 | 20.25% |
| Jun 30, 2025 | 20.25% |
| Mar 31, 2025 | 20.13% |
| Mar 31, 2025 | 20.13% |
| Mar 31, 2025 | 20.13% |
| Dec 31, 2024 | -13.92% |
| Dec 31, 2024 | -13.92% |