Gentherm (THRM) Tax Rate (2010 - 2026)
Gentherm's Tax Rate was 39.65% in Q2 2026, down 41.53 percentage points from 81.18% a year earlier and down 4.95 percentage points from the prior quarter.
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Analysis
Gentherm (THRM) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gentherm's Tax Rate was 42.42% through Jun 30, 2026, down 4.97 percentage points year-over-year; for FY2025, it was 48.97%, up 12.48 percentage points from FY2024.
- Tax Rate shows a five-year change of +22.16 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 36.49% in FY2024 (+9.90 pp), 26.59% in FY2023 (-9.73 pp), 36.32% in FY2022 (+18.39 pp) and 17.93% in FY2021 (-8.88 pp).
- Quarterly Tax Rate has moved between -5.03% (Q4 2023) and 147.13% (Q2 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +13.19 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2023 (a gain of 111.47 percentage points); the worst was Q2 2024 (a drop of 113.55 percentage points).
- Per Business Quant data, THRM's Tax Rate in the three quarters before Q2 2026 was 44.60% (Q1 2026), 71.09% (Q4 2025) and 28.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Gentherm | 1.02 Bn | 316.83 Mn | 96.43 Mn | 39.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.65% |
| Mar 31, 2026 | 44.60% |
| Dec 31, 2025 | 71.09% |
| Sep 30, 2025 | 28.42% |
| Jun 30, 2025 | 81.18% |
| Mar 31, 2025 | 106.14% |
| Dec 31, 2024 | 57.57% |
| Sep 30, 2024 | 17.75% |
| Jun 30, 2024 | 33.58% |
| Mar 31, 2024 | 19.33% |
| Sep 30, 2023 | 30.36% |
| Jun 30, 2023 | 147.13% |
| Mar 31, 2023 | 31.89% |
| Sep 30, 2022 | 37.05% |
| Jun 30, 2022 | 35.66% |
| Mar 31, 2022 | 26.77% |
| Dec 31, 2021 | 10.93% |
| Sep 30, 2021 | 22.85% |
| Jun 30, 2021 | 18.82% |
| Mar 31, 2021 | 18.69% |
API Access
Gentherm 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=THRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "THRM", "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=THRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();