Growth Metrics

Greenland Technologies Holding (GTEC) Tax Rate (2019 - 2026)

Greenland Technologies Holding posted quarterly Tax Rate of 14.87% for Q1 2026, down 127.0% year-on-year from 55.06% in Q1 2025, and down 81.53% on a QoQ basis from 80.49% in Q4 2025.

Greenland Technologies Holding (GTEC) has 8 years of Tax Rate data on file, last reported at 14.87% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 127.0% year-over-year to 14.87%; the trailing twelve-month figure through Mar 2026 stood at 27.1% (up 1334.0% YoY), and the FY2025 full-year result was 29.0%, up 1992.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 14.87%, down from 80.49% in the prior quarter.
  • Across five years, Tax Rate topped out at 81.85% in Q3 2023 and bottomed at 44.43% in Q2 2025.
  • The 5-year median for Tax Rate is 12.26% (2025), against an average of 18.16%.
  • Peak annual rise in Tax Rate reached 6931 bps in 2025, while the deepest fall reached 5481 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 16.18% in 2022, then sank by 105 bps to 0.75% in 2023, then soared by 1592 bps to 11.18% in 2024, then soared by 620 bps to 80.49% in 2025, then sank by 82 bps to 14.87% in 2026.
  • The last three Tax Rate figures came in at 14.87% (Q1 2026), 80.49% (Q4 2025), and 12.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 22.55
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 20.70
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn 23.17
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn -21.56
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 22.26
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 28.42
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 15.15
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 29.70
10 Greenland Technologies Holding 12.03 Mn -5.64 Mn 8.76 Mn 14.87

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 14.87
Mar 31, 2026 14.87
Dec 31, 2025 80.49
Dec 31, 2025 80.49
Sep 30, 2025 12.26
Sep 30, 2025 12.26
Jun 30, 2025 -44.43
Jun 30, 2025 -44.43
Mar 31, 2025 16.14
Mar 31, 2025 16.14
Dec 31, 2024 11.18
Dec 31, 2024 11.18
Sep 30, 2024 48.93
Sep 30, 2024 48.93
Jun 30, 2024 10.39
Jun 30, 2024 10.39
Mar 31, 2024 -5.50
Mar 31, 2024 -5.50
Dec 31, 2023 -0.75
Dec 31, 2023 -0.75
Sep 30, 2023 81.85
Sep 30, 2023 81.85
Jun 30, 2023 9.39
Jun 30, 2023 9.39
Mar 31, 2023 10.77
Mar 31, 2023 10.77
Dec 31, 2022 16.18
Dec 31, 2022 16.18
Sep 30, 2022 19.83
Sep 30, 2022 19.83
Jun 30, 2022 9.66
Jun 30, 2022 9.66
Mar 31, 2022 17.53
Mar 31, 2022 17.53
Dec 31, 2021 -0.33
Dec 31, 2021 -0.33
Sep 30, 2021 42.53
Sep 30, 2021 42.53
Jun 30, 2021 11.11
Jun 30, 2021 11.11
Mar 31, 2021 17.62
Mar 31, 2021 17.62
Dec 31, 2020 30.23
Dec 31, 2020 30.23
Sep 30, 2020 42.96
Sep 30, 2020 42.96
Jun 30, 2020 6.12
Jun 30, 2020 6.12
Mar 31, 2020 13.04
Mar 31, 2020 13.04
Dec 31, 2019 10.80
Dec 31, 2019 10.80
Jun 30, 2019 19.61
Jun 30, 2019 19.61
Mar 31, 2019 13.30
Mar 31, 2019 13.30