Gentex (GNTX) Tax Rate (2009 - 2026)
Gentex's (GNTX) quarterly Tax Rate came in at 16.55% in Q2 2026, down 61.0% on a YoY basis from 42.44% in Q2 2025, and little changed quarter-over-quarter from 16.63% in Q1 2026.
Analysis
Gentex (GNTX) Tax Rate (2009 - 2026) Analysis & Trends
Gentex (GNTX) has reported Tax Rate for 18 consecutive years, with 16.55% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 61.0% year-over-year to 16.55%; the trailing twelve-month figure through Jun 2026 stood at 16.45% (up 129.0% YoY), and the FY2025 full-year result was 16.57%, up 222.0% from the prior year.
- Tax Rate was little changed at 16.55% in Q2 2026 per GNTX's latest filing, from 16.63% in the prior quarter.
- Across five years, Tax Rate topped out at 17.16% in Q2 2025 and bottomed at 9.73% in Q4 2022.
- Historically, Tax Rate has averaged 15.11% across 5 years, with a median of 15.71% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 361 bps in 2024, then jumped 593 bps in 2025.
- Over 5 years, Tax Rate stood at 9.73% in 2022, then surged by 43 bps to 13.95% in 2023, then declined by 26 bps to 10.34% in 2024, then surged by 57 bps to 16.27% in 2025, then advanced by 2 bps to 16.55% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 16.55%, 16.63%, and 16.27% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Magna International | 19.30 Bn | 18.22 Bn | 1.61 Bn | 20.03% |
| 2 | Autoliv | 9.16 Bn | 8.80 Bn | 509.00 Mn | 34.42% |
| 3 | Lear | 6.65 Bn | 5.79 Bn | 470.30 Mn | 20.13% |
| 4 | Gentex | 4.88 Bn | 4.64 Bn | 241.00 Mn | 16.55% |
| 5 | Dorman Products | 3.90 Bn | 3.76 Bn | 251.23 Mn | 24.00% |
| 6 | Dauch | 1.66 Bn | 788.23 Mn | 338.20 Mn | 91.48% |
| 7 | Adient | 1.54 Bn | 901.94 Mn | 235.00 Mn | 20.18% |
| 8 | Xpel | 1.42 Bn | 1.39 Bn | 63.14 Mn | 21.63% |
| 9 | Standard Motor Products | 927.35 Mn | 941.95 Mn | 164.62 Mn | 27.32% |
| 10 | Cooper-Standard Holdings | 482.79 Mn | 347.85 Mn | 83.76 Mn | -40.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.55% |
| Mar 31, 2026 | 16.63% |
| Dec 31, 2025 | 16.27% |
| Sep 30, 2025 | 16.33% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 16.50% |
| Dec 31, 2024 | 10.34% |
| Sep 30, 2024 | 15.75% |
| Jun 30, 2024 | 15.09% |
| Mar 31, 2024 | 15.21% |
| Dec 31, 2023 | 13.95% |
| Sep 30, 2023 | 15.87% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 15.88% |
| Dec 31, 2022 | 9.73% |
| Sep 30, 2022 | 15.68% |
| Jun 30, 2022 | 14.63% |
| Mar 31, 2022 | 15.26% |
| Dec 31, 2021 | 5.81% |
| Sep 30, 2021 | 14.72% |