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

Garrett Motion has reported Tax Rate for 10 years, with the latest figure 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.
• The five-year high for Tax Rate was 31.58% in Q3 2024, with the low at 1.01% in Q4 2024.
• Historically, Tax Rate has averaged 21.3% across 5 years, with a median of 19.85% in 2022.
• Annual changes were most pronounced in 2022 — Tax Rate soared 6086 bps — and 2024, when it slumped 2454 bps.
• Garrett Motion's Tax Rate 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 grew 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.