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| Date | Value |
|---|---|
| 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% |