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| Date | Value |
|---|---|
| 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% |