Greenland Technologies Holding GTEC
NASDAQ GTEC
$0.96 +0.07 (+8.15%)
As of: Aug 20, 2026 · 3:59 PM EDT

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

Greenland Technologies Holding's (GTEC) quarterly Tax Rate came in at 14.87% in Q1 2026, down 127.0% YoY from 55.06% in Q1 2025, and down 81.56% on a QoQ basis from 80.62% in Q4 2025.

Greenland Technologies Holding (GTEC) Tax Rate (2019 - 2026) Analysis & Trends

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

  • Quarterly Tax Rate fell 127.0% year-over-year to 14.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.11% (up 1335.0% YoY) and the FY2025 annual result came in at 29.01%, up 1993.0% from the prior year.
  • Tax Rate retreated to 14.87% in Q1 2026, from 80.62% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 81.85% in Q3 2023 to a low of 44.43% in Q2 2025.
  • A 5-year average of 18.17% and a median of 12.26% in 2025 frame the typical range for Tax Rate.
  • The widest YoY moves for Tax Rate: up 6944 bps in 2025, down 5481 bps in 2025.
  • Tracing GTEC's Tax Rate over 5 years: stood at 16.18% in 2022, then slumped by 105 bps to 0.75% in 2023, then surged by 1592 bps to 11.18% in 2024, then jumped by 621 bps to 80.62% 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), 80.62% (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 73.54 Bn 73.28 Bn 2.52 Bn 22.62%
2 Autozone 48.78 Bn 48.52 Bn 2.52 Bn 21.12%
3 Magna International 19.33 Bn 17.90 Bn 1.61 Bn 20.03%
4 Genuine Parts 18.26 Bn 17.70 Bn 2.47 Bn 22.55%
5 Borgwarner 13.15 Bn 10.70 Bn 721.00 Mn 21.77%
6 Allison Transmission Holdings 10.71 Bn 10.31 Bn 515.00 Mn 20.61%
7 Modine Manufacturing 10.08 Bn 10.00 Bn - -
8 Aptiv 9.95 Bn 9.19 Bn 775.00 Mn 14.21%
9 Autoliv 9.00 Bn 8.63 Bn 509.00 Mn 34.42%
10 Greenland Technologies Holding 25.70 Mn -6.61 Mn 9.54 Mn 20.02%

Historic Data

Download Data
DateValue
Jun 30, 2026 20.02%
Jun 30, 2026 20.02%
Jun 30, 2026 20.02%
Mar 31, 2026 14.87%
Mar 31, 2026 14.87%
Mar 31, 2026 14.87%
Dec 31, 2025 80.62%
Dec 31, 2025 80.62%
Dec 31, 2025 80.62%
Sep 30, 2025 12.26%
Sep 30, 2025 12.26%
Sep 30, 2025 12.26%
Jun 30, 2025 -44.43%
Jun 30, 2025 -44.43%
Jun 30, 2025 -44.43%
Mar 31, 2025 16.14%
Mar 31, 2025 16.14%
Mar 31, 2025 16.14%
Dec 31, 2024 11.18%
Dec 31, 2024 11.18%