Gentherm (THRM) Tax Rate (2010 - 2026)
Gentherm (THRM) posted quarterly Tax Rate of 44.6% for Q1 2026, down 6154.0% year-over-year from 0.74% in Q1 2025, and up 71.89% on a QoQ basis from 25.95% in Q4 2025.
Gentherm (THRM) Tax Rate (2010 - 2026) Analysis & Trends
Gentherm (THRM) has reported Tax Rate for 17 consecutive years, with 44.6% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 6154.0% year-over-year to 44.6%; the TTM figure through Mar 2026 stood at 28.24% (down 129.0% YoY), while the FY2025 annual figure was 28.51%, up 237.0% from the prior year.
- Tax Rate came in at 44.6% for Q1 2026 at Gentherm, up from 25.95% in the prior quarter.
- The five-year high for Tax Rate was 147.13% in Q2 2023, with the low at 1.59% in Q4 2023.
- Average Tax Rate over 5 years is 40.72%, with a median of 30.36% recorded in 2023.
- Across the five-year window, Tax Rate jumped 11147 bps in 2023 and slumped 11355 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.19% in 2022, then sank by 737 bps to 1.59% in 2023, then soared by 1875 bps to 28.27% in 2024, then dropped by 8 bps to 25.95% in 2025, then soared by 72 bps to 44.6% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 44.6%, 25.95%, and 28.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 885.71% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 21.12% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 101.15% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 23.17% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 22.26% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 28.42% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 29.70% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -21.56% |
| 10 | Gentherm | 221.52 Mn | 41.78 Mn | 97.23 Mn | 44.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.60% |
| Mar 31, 2026 | 44.60% |
| Dec 31, 2025 | 25.95% |
| Dec 31, 2025 | 25.95% |
| Sep 30, 2025 | 28.42% |
| Sep 30, 2025 | 28.42% |
| Jun 30, 2025 | 81.18% |
| Jun 30, 2025 | 81.18% |
| Mar 31, 2025 | 106.14% |
| Mar 31, 2025 | 106.14% |
| Dec 31, 2024 | 28.27% |
| Dec 31, 2024 | 28.27% |
| Sep 30, 2024 | 17.75% |
| Sep 30, 2024 | 17.75% |
| Jun 30, 2024 | 33.58% |
| Jun 30, 2024 | 33.58% |
| Mar 31, 2024 | 19.33% |
| Mar 31, 2024 | 19.33% |
| Dec 31, 2023 | -1.59% |
| Dec 31, 2023 | -1.59% |