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

General Motors (GM) posted Tax Rate of 19.18% for Q1 2026, down 17.51% quarter-over-quarter from 23.25% in Q4 2025, and down 95.0% year-on-year from 383.63% in Q1 2025.

General Motors (GM) Tax Rate (2010 - 2026) Analysis & Trends

General Motors (GM) has reported Tax Rate for 17 consecutive years, with 19.18% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 19.18%, down 95.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.06% (down 2140.0% YoY), and the FY2025 annual result was 10.84%, down 1916.0% from the prior year.
  • Tax Rate was 19.18% for Q1 2026 at General Motors, down from 23.25% in the prior quarter.
  • Over five years, Tax Rate peaked at 23.25% in Q4 2025 and troughed at 73.68% in Q4 2023.
  • Average Tax Rate over 5 years is 10.36%, with a median of 19.18% recorded in 2026.
  • Year-over-year, Tax Rate slumped 9609 bps in 2023 and surged 5976 bps in 2024.
  • Over 5 years, Tax Rate stood at 22.41% in 2022, then tumbled 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 dropped by 18 bps to 19.18% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.18% in Q1 2026, 23.25% in Q4 2025, and 8.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 34.36%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 12.40%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 19.18%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 0.64%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 0.48%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -12.50%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 3.79%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -0.12%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -0.02%
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn -43.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.18%
Mar 31, 2026 19.18%
Dec 31, 2025 23.25%
Dec 31, 2025 23.25%
Sep 30, 2025 8.95%
Sep 30, 2025 8.95%
Jun 30, 2025 20.25%
Jun 30, 2025 20.25%
Mar 31, 2025 20.13%
Mar 31, 2025 20.13%
Dec 31, 2024 -13.92%
Dec 31, 2024 -13.92%
Sep 30, 2024 19.07%
Sep 30, 2024 19.07%
Jun 30, 2024 21.05%
Jun 30, 2024 21.05%
Mar 31, 2024 20.51%
Mar 31, 2024 20.51%
Dec 31, 2023 -73.68%
Dec 31, 2023 -73.68%