Garrett Motion (GTX) Tax Rate (2017 - 2026)
Garrett Motion posted quarterly Tax Rate of 19.49% for Q1 2026, down 757.0% year-on-year from 2.97% in Q1 2025, and up 5.66% on a QoQ basis from 18.45% in Q4 2025.
Garrett Motion (GTX) has 10 years of Tax Rate data on file, last reported at 19.49% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 757.0% year-over-year to 19.49%; the trailing twelve-month figure through Mar 2026 stood at 19.29% (down 59.0% YoY), and the FY2025 full-year result was 20.92%, up 313.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.49%, up from 18.45% in the prior quarter.
- Across five years, Tax Rate topped out at 31.58% in Q3 2024 and bottomed at 1.01% in Q4 2024.
- The 5-year median for Tax Rate is 19.85% (2022), against an average of 21.3%.
- The widest annual swing landed in 2022, when Tax Rate soared 6086 bps; it then plunged 2454 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 17.04% in 2022, then jumped by 38 bps to 23.53% in 2023, then slumped by 104 bps to 1.01% in 2024, then jumped by 1926 bps to 18.45% in 2025, then increased by 6 bps to 19.49% in 2026.
- The last three Tax Rate figures came in at 19.49% (Q1 2026), 18.45% (Q4 2025), and 24.51% (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 | Garrett Motion | 6.30 Bn | 6.15 Bn | 196.00 Mn | 19.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.49 |
| Mar 31, 2026 | 19.49 |
| Dec 31, 2025 | 18.45 |
| Dec 31, 2025 | 18.45 |
| Sep 30, 2025 | 24.51 |
| Sep 30, 2025 | 24.51 |
| Jun 30, 2025 | 14.71 |
| Jun 30, 2025 | 14.71 |
| Mar 31, 2025 | 27.06 |
| Mar 31, 2025 | 27.06 |
| Dec 31, 2024 | -1.01 |
| Dec 31, 2024 | -1.01 |
| Sep 30, 2024 | 31.58 |
| Sep 30, 2024 | 31.58 |
| Jun 30, 2024 | 26.44 |
| Jun 30, 2024 | 26.44 |
| Mar 31, 2024 | 18.52 |
| Mar 31, 2024 | 18.52 |
| Dec 31, 2023 | 23.53 |
| Dec 31, 2023 | 23.53 |
| Sep 30, 2023 | 18.57 |
| Sep 30, 2023 | 18.57 |
| Jun 30, 2023 | 29.70 |
| Jun 30, 2023 | 29.70 |
| Mar 31, 2023 | 25.00 |
| Mar 31, 2023 | 25.00 |
| Dec 31, 2022 | 17.04 |
| Dec 31, 2022 | 17.04 |
| Sep 30, 2022 | 19.85 |
| Sep 30, 2022 | 19.85 |
| Jun 30, 2022 | 19.05 |
| Jun 30, 2022 | 19.05 |
| Mar 31, 2022 | 29.60 |
| Mar 31, 2022 | 29.60 |
| Dec 31, 2021 | -43.82 |
| Dec 31, 2021 | -43.82 |
| Sep 30, 2021 | 30.77 |
| Sep 30, 2021 | 30.77 |
| Jun 30, 2021 | 6.83 |
| Jun 30, 2021 | 6.83 |
| Mar 31, 2021 | -29.63 |
| Mar 31, 2021 | -29.63 |
| Dec 31, 2020 | 51.85 |
| Dec 31, 2020 | 51.85 |
| Sep 30, 2020 | -10.00 |
| Sep 30, 2020 | -10.00 |
| Jun 30, 2020 | 550.00 |
| Jun 30, 2020 | 550.00 |
| Mar 31, 2020 | 1.89 |
| Mar 31, 2020 | 1.89 |
| Dec 31, 2019 | -51.11 |
| Dec 31, 2019 | -51.11 |
| Sep 30, 2019 | 47.22 |
| Sep 30, 2019 | 47.22 |
| Jun 30, 2019 | 24.14 |
| Jun 30, 2019 | 24.14 |
| Mar 31, 2019 | 24.74 |
| Mar 31, 2019 | 24.74 |
| Dec 31, 2018 | 477.72 |
| Dec 31, 2018 | 477.72 |
| Sep 30, 2018 | -1,172.60 |
| Sep 30, 2018 | -1,172.60 |
| Jun 30, 2018 | -40.19 |
| Jun 30, 2018 | -40.19 |
| Mar 31, 2018 | 48.67 |
| Mar 31, 2018 | 48.67 |
| Dec 31, 2017 | 633.49 |
| Dec 31, 2017 | 633.49 |
| Sep 30, 2017 | 22.97 |
| Sep 30, 2017 | 22.97 |