General Motors GM
NYSE GM
$86.32 +0.51 (+0.59%)
At close: Aug 26, 2026 · 4:00 PM EDT

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 Toyota Motor 254.16 Bn 125.71 Bn 12.27 Bn -42.23%
2 General Motors 75.74 Bn 52.66 Bn 7.33 Bn 13.65%
3 Rivian Automotive 22.24 Bn 16.95 Bn 179.00 Mn 0.12%
4 Li Auto 12.31 Bn 6.49 Bn 417.98 Mn -12.50%
5 Xpeng 11.18 Bn 8.87 Bn 601.83 Mn 13.70%
6 Lucid 1.95 Bn 1.19 Bn -426.73 Mn -0.10%
7 China Yuchai International 1.49 Bn -274.93 Mn 317.01 Mn -68.42%
8 Lotus Technology 32.10 Mn -51.80 Mn 16.47 Mn -0.89%
9 Faraday Future Intelligent Electric 19.08 Mn 21.87 Mn -10.70 Mn 2.27%
10 Fabric.AI 11.76 Mn -9.92 Mn - -

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 -12.44
Dec 31, 2024 -12.44