Honda Motor (HMC) Tax Rate (2009 - 2026)
Honda Motor's (HMC) quarterly Tax Rate came in at 21.69% in Q2 2026, up 480.0% on a YoY basis from 3.74% in Q2 2025, and up 71.12% quarter-over-quarter from 75.09% in Q1 2026.
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Analysis
Honda Motor (HMC) Tax Rate (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has reported Tax Rate for 18 consecutive years, with 21.69% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 480.0% year-over-year to 21.69%; the trailing twelve-month figure through Jun 2026 stood at 1.35% (up 3160.0% YoY), and the FY2026 full-year result was 102.5%, up 14220.0% from the prior year.
- Tax Rate climbed to 21.69% in Q2 2026 per HMC's latest filing, from 75.09% in the prior quarter.
- Across five years, Tax Rate topped out at 21.69% in Q2 2026 and bottomed at 75.09% in Q1 2026.
- Historically, Tax Rate has averaged 35.52% across 5 years, with a median of 30.71% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 2331 bps in 2022, then surged 547 bps in 2023.
- Over 5 years, Tax Rate stood at 26.24% in 2022, then slipped by 16 bps to 30.4% in 2023, then decreased by 2 bps to 31.02% in 2024, then rose by 3 bps to 30.21% in 2025, then grew by 28 bps to 21.69% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.69%, 75.09%, and 30.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | -42.23% |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 23.00% |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | -21.69% |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 13.65% |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | 34.97% |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 0.12% |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 20.03% |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 41.40% |
| 10 | Li Auto | 11.82 Bn | -670.23 Mn | 417.98 Mn | -12.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.69% |
| Mar 31, 2026 | -75.09% |
| Dec 31, 2025 | -30.21% |
| Sep 30, 2025 | -43.10% |
| Jun 30, 2025 | -26.49% |
| Mar 31, 2025 | -53.73% |
| Dec 31, 2024 | -31.02% |
| 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 | -35.76% |
| Dec 31, 2021 | -27.12% |
| Sep 30, 2021 | -31.38% |
| Jun 30, 2021 | -23.65% |
| Mar 31, 2021 | -12.45% |
| Dec 31, 2020 | -22.54% |
| Sep 30, 2020 | -26.95% |
API Access
Honda Motor Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();