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
DateValue
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%