Garrett Motion (GTX) Tax Rate (2017 - 2026)
Garrett Motion's (GTX) quarterly Tax Rate came in at 19.84% in Q2 2026, up 514.0% YoY from 3.23% in Q2 2025, and up 1.79% on a QoQ basis from 19.49% in Q1 2026.
Garrett Motion (GTX) Tax Rate (2017 - 2026) Analysis & Trends
Garrett Motion (GTX) has 10 years of Tax Rate data on file, last reported at 19.84% in Q2 2026.
- Quarterly Tax Rate rose 514.0% year-over-year to 19.84% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.49% (up 364.0% YoY) and the FY2025 annual result came in at 20.92%, up 313.0% from the prior year.
- Tax Rate rose to 19.84% in Q2 2026, from 19.49% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.58% in Q3 2024 to a low of 1.01% in Q4 2024.
- A 5-year average of 21.22% and a median of 19.84% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 6086 bps — and 2024, when it slumped 2454 bps.
- Tracing GTX's Tax Rate over 5 years: stood at 17.04% in 2022, then soared by 38 bps to 23.53% in 2023, then tumbled by 104 bps to 1.01% in 2024, then soared by 1926 bps to 18.45% in 2025, then advanced by 8 bps to 19.84% in 2026.
- The last three Tax Rate figures came in at 19.84% (Q2 2026), 19.49% (Q1 2026), and 18.45% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 22.62% |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 21.12% |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | 20.03% |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 22.55% |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 21.77% |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 20.61% |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 14.21% |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 34.42% |
| 10 | Garrett Motion | 4.99 Bn | 4.83 Bn | 212.00 Mn | 19.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.84% |
| Jun 30, 2026 | 19.84% |
| Jun 30, 2026 | 19.84% |
| Mar 31, 2026 | 19.49% |
| Mar 31, 2026 | 19.49% |
| Mar 31, 2026 | 19.49% |
| Dec 31, 2025 | 18.45% |
| Dec 31, 2025 | 18.45% |
| Dec 31, 2025 | 18.45% |
| Sep 30, 2025 | 24.51% |
| Sep 30, 2025 | 24.51% |
| Sep 30, 2025 | 24.51% |
| Jun 30, 2025 | 14.71% |
| Jun 30, 2025 | 14.71% |
| Jun 30, 2025 | 14.71% |
| Mar 31, 2025 | 27.06% |
| Mar 31, 2025 | 27.06% |
| Mar 31, 2025 | 27.06% |
| Dec 31, 2024 | -1.01% |
| Dec 31, 2024 | -1.01% |