General Motors Company (GM) Tax Rate: 10.84%
Is General Motors Company’s tax rate high or low?
General Motors Company's tax rate of 10.84% is 39% below its 5-year average of 17.71%, near the low end of its 5-year range (5.41%–30.00%).
The tax rate for General Motors Company (GM) is 10.84%. It is below its 12-month average by 46.91% (20.42%).
GM Tax Rate Chart
GM Average Tax Rate Chart
GM Current vs Average Tax Rate Chart
GM Tax Rate Metrics
TAX RATE
10.84%
TAX RATE AVG TTM
20.42%
TAX RATE AVG 3Y
15.64%
TAX RATE AVG 5Y
17.71%
TAX RATE AVG 10Y
19.78%
TAX RATE AVG 15Y
23.81%
TAX RATE AVG 20Y
20.71%
CURRENT VS TTM AVG
-46.91%
CURRENT VS 3Y AVG
-30.67%
CURRENT VS 5Y AVG
-38.78%
CURRENT VS 10Y AVG
-45.19%
CURRENT VS 15Y AVG
-54.48%
CURRENT VS 20Y AVG
-47.67%
General Motors Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
General Motors Company Tax Rate FAQ
- What is the tax rate for General Motors Company (GM)?
- The tax rate for GM stock is 10.84%.
- Is General Motors Company's tax rate high or low?
- General Motors Company's tax rate of 10.84% is 39% below its 5-year average of 17.71%, near the low end of its 5-year range (5.41%–30.00%).
- What is the TTM average tax rate for General Motors Company (GM)?
- The TTM average tax rate for GM stock is 20.42%.
- What is the 3Y average tax rate for General Motors Company (GM)?
- The 3Y average tax rate for GM stock is 15.64%.
- What is the 5Y average tax rate for General Motors Company (GM)?
- The 5Y average tax rate for GM stock is 17.71%.
- What is the 10Y average tax rate for General Motors Company (GM)?
- The 10Y average tax rate for GM stock is 19.78%.
- What is the 15Y average tax rate for General Motors Company (GM)?
- The 15Y average tax rate for GM stock is 23.81%.
- What is the 20Y average tax rate for General Motors Company (GM)?
- The 20Y average tax rate for GM stock is 20.71%.
General Motors Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 10.84% |
| 2024-12-31 | 30.00% |
| 2023-12-31 | 5.41% |
| 2022-12-31 | 16.29% |
| 2021-12-31 | 21.79% |
| 2020-12-31 | 21.91% |
| 2019-12-31 | 10.34% |
| 2018-12-31 | 5.54% |
| 2017-12-31 | 97.22% |
| 2016-12-31 | 22.81% |
| 2015-12-31 | -24.58% |
| 2014-12-31 | 5.37% |
| 2013-12-31 | 28.52% |
| 2012-12-31 | 121.38% |
| 2011-12-31 | -1.20% |
| 2010-12-31 | 9.37% |
| 2009-12-31 | -2.10% |
| 2008-12-31 | -6.05% |
Related Metrics
About General Motors Company
General Motors Company, a prominent global automotive enterprise, is engaged in the design, manufacturing, and distribution of a wide array of vehicles—including trucks, crossovers (SUVs), and passenger cars—along with related parts and accessories. Its expansive reach covers numerous regions such as North America, the Asia Pacific, the Middle East, Africa, South America, with significant operations in the United States and China. The company organizes its business into distinct segments: GM North America, GM International, Cruise, and GM Financial. It markets its diverse vehicle lineup under well-known brand names like Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling. Beyond selling to individual consumers through dealerships, GM also supplies its vehicles—including specialized models—to a variety of fleet clients, such as daily rental companies, commercial businesses, leasing firms, and government agencies. GM further extends its offerings with a comprehensive suite of advanced services for both retail and fleet customers. These include vital safety and security features like automated crash response, emergency support, roadside assistance, crisis intervention, stolen vehicle recovery, and turn-by-turn navigation. Additionally, it provides a robust set of connected services, encompassing mobile applications for remote vehicle control and locating electric vehicle charging stations, on-demand diagnostics, smart driver insights, integrated in-vehicle commerce, voice assistants, a navigation and app ecosystem, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. The company is also actively involved in pioneering and commercializing autonomous vehicle technology. Furthermore, GM offers automotive financing and insurance solutions, alongside various software-enabled services and subscription models. Established in 1908, General Motors Company maintains its corporate headquarters in Detroit, Michigan.
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- CEO
- Mary T. Barra