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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 15.12%
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 20.99%
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn -17.22%
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 34.97%
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 13.65%
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -12.50%
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn 0.64%
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 0.12%
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 41.40%
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn 3.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.35%
Mar 31, 2026 -21.35%
Mar 31, 2026 -21.35%
Dec 31, 2025 -50.10%
Dec 31, 2025 -50.10%
Dec 31, 2025 -50.10%
Sep 30, 2025 -43.10%
Sep 30, 2025 -43.10%
Sep 30, 2025 -43.10%
Jun 30, 2025 -26.49%
Jun 30, 2025 -26.49%
Jun 30, 2025 -26.49%
Mar 31, 2025 846.80%
Mar 31, 2025 846.80%
Mar 31, 2025 846.80%
Dec 31, 2024 -31.02%
Dec 31, 2024 -31.02%
Dec 31, 2024 -31.02%
Sep 30, 2024 -38.34%
Sep 30, 2024 -38.34%