Honda Motor (HMC) Tax Rate (2009 - 2026)
Honda Motor's (HMC) quarterly Tax Rate came in at 21.35% in Q1 2026, down 86815.0% YoY from N/an in Q1 2025, and up 57.38% on a QoQ basis from 50.1% in Q4 2025.
Analysis
Honda Motor (HMC) Tax Rate (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has 18 years of Tax Rate data on file, last reported at 21.35% in Q1 2026.
- Quarterly Tax Rate fell 86815.0% year-over-year to 21.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.28% (down 1234.0% YoY) and the FY2026 annual result came in at 12.47%, up 5217.0% from the prior year.
- Tax Rate advanced to 21.35% in Q1 2026, from 50.1% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 846.8% in Q1 2025 to a low of 50.1% in Q4 2025.
- A 5-year average of 34.4% and a median of 31.02% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 746 bps — and 2026, when it slumped 86815 bps.
- Tracing HMC's Tax Rate over 5 years: stood at 37.85% in 2022, then rose by 20 bps to 30.4% in 2023, then dropped by 2 bps to 31.02% in 2024, then sank by 61 bps to 50.1% in 2025, then jumped by 57 bps to 21.35% in 2026.
- The last three Tax Rate figures came in at 21.35% (Q1 2026), 50.1% (Q4 2025), and 43.1% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | -42.23% |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn | -21.69% |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn | 34.97% |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn | 13.65% |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn | 23.00% |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn | 0.12% |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn | 41.40% |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn | -12.50% |
| 10 | Xpeng | 10.54 Bn | 8.22 Bn | 601.83 Mn | 8.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.69% |
| Mar 31, 2026 | -75.09% |
| Dec 31, 2025 | -5.60% |
| Sep 30, 2025 | -43.10% |
| Jun 30, 2025 | -26.49% |
| Mar 31, 2025 | -53.73% |
| Dec 31, 2024 | -9.13% |
| Sep 30, 2024 | -38.34% |
| Jun 30, 2024 | -28.42% |
| Dec 31, 2023 | -30.40% |
| Jun 30, 2023 | -25.63% |
| Dec 31, 2022 | -26.24% |
| Jun 30, 2022 | -31.10% |
| Mar 31, 2022 | -19.55% |
| Dec 31, 2021 | -27.12% |
| Sep 30, 2021 | -31.38% |
| Jun 30, 2021 | -23.65% |
| Mar 31, 2021 | -0.14% |
| Dec 31, 2020 | -22.54% |
| Sep 30, 2020 | -26.95% |