Gentherm THRM
NASDAQ THRM
$38.26 -0.15 (-0.40%)
As of: Sep 10, 2026 · 3:59 PM EDT

Gentherm (THRM) Tax Rate (2010 - 2026)

Gentherm (THRM) posted Tax Rate of 39.65% for Q2 2026, down 11.1% on a QoQ basis from 44.6% in Q1 2026, and down 4153.0% year-over-year from 0.98% in Q2 2025.

Analysis

Gentherm (THRM) Tax Rate (2010 - 2026) Analysis & Trends

Gentherm has reported Tax Rate for 17 years, with the latest figure at 39.65% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 4153.0% year-over-year to 39.65% in Q2 2026; TTM through Jun 2026 was 27.91%, a 295.0% increase from a year earlier, with the FY2025 full-year figure at 28.51%, up 464.0% from the prior year.
  • Tax Rate was 39.65% for Q2 2026 at Gentherm, down from 44.6% in the prior quarter.
  • The five-year high for Tax Rate was 147.13% in Q2 2023, with the low at 17.75% in Q3 2024.
  • Average Tax Rate over 5 years is 43.07%, with a median of 31.12% recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 11147 bps in 2023, then plunged 11355 bps in 2024.
  • Over 5 years, Tax Rate stood at 24.26% in 2022, then slipped by 8 bps to 22.42% in 2023, then climbed by 3 bps to 23.05% in 2024, then rose by 13 bps to 25.95% in 2025, then surged by 53 bps to 39.65% in 2026.
  • The last three Tax Rate figures came in at 39.65% (Q2 2026), 44.6% (Q1 2026), and 25.95% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn 16.34%
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn 24.54%
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 17.36%
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 13.19%
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 19.52%
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 19.38%
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 17.80%
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 12.37%
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 22.04%
10 Gentherm 1.17 Bn 957.95 Mn 96.43 Mn 39.65%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.65%
Mar 31, 2026 44.60%
Dec 31, 2025 25.95%
Sep 30, 2025 28.42%
Jun 30, 2025 81.18%
Mar 31, 2025 106.14%
Dec 31, 2024 23.05%
Sep 30, 2024 17.75%
Jun 30, 2024 33.58%
Mar 31, 2024 19.33%
Dec 31, 2023 22.42%
Sep 30, 2023 30.36%
Jun 30, 2023 147.13%
Mar 31, 2023 31.89%
Dec 31, 2022 24.26%
Sep 30, 2022 37.05%
Jun 30, 2022 35.66%
Mar 31, 2022 26.77%
Dec 31, 2021 9.64%
Sep 30, 2021 22.85%