Garrett Motion (GTX) Tax Rate (2017 - 2026)

Garrett Motion (GTX) has reported Tax Rate for 10 consecutive years, with 19.49% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 19.49%, down 757.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.29% (down 59.0% YoY), and the FY2025 annual result was 20.92%, up 313.0% from the prior year.
• Tax Rate was 19.49% for Q1 2026 at Garrett Motion, up from 18.45% in the prior quarter.
• Over five years, Tax Rate peaked at 31.58% in Q3 2024 and troughed at 1.01% in Q4 2024.
• Average Tax Rate over 5 years is 21.3%, with a median of 19.85% recorded in 2022.
• Year-over-year, Tax Rate surged 6086 bps in 2022 and plunged 2454 bps in 2024.
• Over 5 years, Tax Rate stood at 17.04% in 2022, then soared by 38 bps to 23.53% in 2023, then slumped by 104 bps to 1.01% in 2024, then soared by 1926 bps to 18.45% in 2025, then gained by 6 bps to 19.49% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 19.49% in Q1 2026, 18.45% in Q4 2025, and 24.51% in Q3 2025.