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| 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% |