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
DateValue
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%