Gentherm (THRM) Tax Rate (2009 - 2026)
Gentherm's Tax Rate was 123.89% in Q3 2026, up 95.47 percentage points from 28.42% a year earlier and up 84.24 percentage points from the prior quarter.
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Analysis
Gentherm (THRM) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gentherm's Tax Rate was 74.98% through Sep 30, 2026, up 24.68 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).
- The Q3 2026 figure marks the highest quarterly Tax Rate since Q2 2023.
- Compared with a year earlier, Tax Rate was higher in five of the last seven quarters, with an average year-over-year change of +21.57 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 Q3 2026 was 39.65% (Q2 2026), 44.60% (Q1 2026) and 71.09% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Gentherm | 914.57 Mn | 111.07 Mn | 94.30 Mn | 123.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 123.89% |
| 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% |
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();