General Motors (GM) Tax Rate (2010 - 2026)
General Motors posted quarterly Tax Rate of 19.18% for Q1 2026, down 95.0% year-on-year from 383.63% in Q1 2025, and down 17.51% on a QoQ basis from 23.25% in Q4 2025.
General Motors (GM) has 17 years of Tax Rate data on file, last reported 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.
- Across five years, Tax Rate topped out at 23.25% in Q4 2025 and bottomed at 73.68% in Q4 2023.
- The 5-year median for Tax Rate is 19.18% (2026), against an average of 10.36%.
- The widest annual swing landed in 2023, when Tax Rate slumped 9609 bps; it then soared 5976 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 22.41% in 2022, then tumbled by 429 bps to 73.68% in 2023, then surged by 81 bps to 13.92% in 2024, then soared by 267 bps to 23.25% in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 34.36 |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 19.18 |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 12.40 |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | - |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 0.48 |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | -43.64 |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 13.57 |
| Sep 30, 2023 | 13.57 |
| Jun 30, 2023 | 17.23 |
| Jun 30, 2023 | 17.23 |
| Mar 31, 2023 | 15.42 |
| Mar 31, 2023 | 15.42 |
| Dec 31, 2022 | 22.41 |
| Dec 31, 2022 | 22.41 |
| Sep 30, 2022 | 20.62 |
| Sep 30, 2022 | 20.62 |
| Jun 30, 2022 | 22.98 |
| Jun 30, 2022 | 22.98 |
| Mar 31, 2022 | -1.01 |
| Mar 31, 2022 | -1.01 |
| Dec 31, 2021 | 21.05 |
| Dec 31, 2021 | 21.05 |
| Sep 30, 2021 | 5.99 |
| Sep 30, 2021 | 5.99 |
| Jun 30, 2021 | 25.89 |
| Jun 30, 2021 | 25.89 |
| Mar 31, 2021 | 28.08 |
| Mar 31, 2021 | 28.08 |
| Dec 31, 2020 | 18.67 |
| Dec 31, 2020 | 18.67 |
| Sep 30, 2020 | 18.08 |
| Sep 30, 2020 | 18.08 |
| Jun 30, 2020 | 12.56 |
| Jun 30, 2020 | 12.56 |
| Mar 31, 2020 | 55.52 |
| Mar 31, 2020 | 55.52 |
| Dec 31, 2019 | 45.92 |
| Dec 31, 2019 | 45.92 |
| Sep 30, 2019 | 10.50 |
| Sep 30, 2019 | 10.50 |
| Jun 30, 2019 | 17.90 |
| Jun 30, 2019 | 17.90 |
| Mar 31, 2019 | 6.00 |
| Mar 31, 2019 | 6.00 |
| Dec 31, 2018 | -42.94 |
| Dec 31, 2018 | -42.94 |
| Sep 30, 2018 | 3.80 |
| Sep 30, 2018 | 3.80 |
| Jun 30, 2018 | 17.99 |
| Jun 30, 2018 | 17.99 |
| Mar 31, 2018 | 29.57 |
| Mar 31, 2018 | 29.57 |
| Dec 31, 2017 | 265.05 |
| Dec 31, 2017 | 265.05 |
| Sep 30, 2017 | 94.65 |
| Sep 30, 2017 | 94.65 |
| Jun 30, 2017 | 18.00 |
| Jun 30, 2017 | 18.00 |
| Mar 31, 2017 | 22.66 |
| Mar 31, 2017 | 22.66 |
| Dec 31, 2016 | 15.42 |
| Dec 31, 2016 | 15.42 |
| Sep 30, 2016 | 24.99 |
| Sep 30, 2016 | 24.99 |
| Jun 30, 2016 | 24.22 |
| Jun 30, 2016 | 24.22 |
| Mar 31, 2016 | 22.45 |
| Mar 31, 2016 | 22.45 |
| Dec 31, 2015 | -67.88 |
| Dec 31, 2015 | -67.88 |
| Sep 30, 2015 | 10.96 |
| Sep 30, 2015 | 10.96 |
| Jun 30, 2015 | 33.61 |
| Jun 30, 2015 | 33.61 |
| Mar 31, 2015 | 36.81 |
| Mar 31, 2015 | 36.81 |
| Dec 31, 2014 | 12.19 |
| Dec 31, 2014 | 12.19 |
| Sep 30, 2014 | 22.85 |
| Sep 30, 2014 | 22.85 |
| Jun 30, 2014 | -769.70 |
| Jun 30, 2014 | -769.70 |
| Mar 31, 2014 | -400.00 |
| Mar 31, 2014 | -400.00 |
| Dec 31, 2013 | 11.29 |
| Dec 31, 2013 | 11.29 |
| Sep 30, 2013 | 33.06 |
| Sep 30, 2013 | 33.06 |
| Jun 30, 2013 | 34.84 |
| Jun 30, 2013 | 34.84 |
| Mar 31, 2013 | 25.66 |
| Mar 31, 2013 | 25.66 |
| Dec 31, 2012 | -1.73 |
| Dec 31, 2012 | -1.73 |
| Sep 30, 2012 | 16.30 |
| Sep 30, 2012 | 16.30 |
| Jun 30, 2012 | 13.08 |
| Jun 30, 2012 | 13.08 |
| Mar 31, 2012 | 14.11 |
| Mar 31, 2012 | 14.11 |
| Dec 31, 2011 | -55.39 |
| Dec 31, 2011 | -55.39 |
| Sep 30, 2011 | 5.87 |
| Sep 30, 2011 | 5.87 |
| Jun 30, 2011 | -2.08 |
| Jun 30, 2011 | -2.08 |
| Mar 31, 2011 | 9.76 |
| Mar 31, 2011 | 9.76 |
| Dec 31, 2010 | -8.11 |
| Dec 31, 2010 | -8.11 |
| Sep 30, 2010 | -1.35 |
| Sep 30, 2010 | -1.35 |
| Jun 30, 2010 | 23.11 |
| Jun 30, 2010 | 23.11 |