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| 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 | -12.44 |
| Dec 31, 2024 | -12.44 |