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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. General Motors Co's Tax Expense for the three months ended in Mar. 2024 was $762 Mil. General Motors Co's Pre-Tax Income for the three months ended in Mar. 2024 was $3,715 Mil. Therefore, General Motors Co's Tax Rate % for the quarter that ended in Mar. 2024 was 20.51%.
The historical data trend for General Motors Co's Tax Rate % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
General Motors Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tax Rate % | Get a 7-Day Free Trial |
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10.34 | 21.91 | 21.79 | 16.28 | 5.41 |
General Motors Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Tax Rate % | Get a 7-Day Free Trial |
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15.42 | 17.23 | 13.57 | -75.53 | 20.51 |
Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.
General Motors Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as
Tax Rate % | = | Tax Expense (A: Dec. 2023 ) | / | Pre-Tax Income (A: Dec. 2023 ) |
= | 563 | / | 10403 | |
= | 5.41 % |
General Motors Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as
Tax Rate % | = | Tax Expense (Q: Mar. 2024 ) | / | Pre-Tax Income (Q: Mar. 2024 ) |
= | 762 | / | 3715 | |
= | 20.51 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of General Motors Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark L Reuss | officer: Vice President | 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000 |
Jan E Tighe | director | C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282 |
Rory Harvey | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Michael Robert Abbott | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Paul A Jacobson | officer: Executive Vice President & CFO | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Gerald Johnson | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265 |
Stephen K. Carlisle | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Jon Mcneill | director | 45500 FREMONT BLVD, FREMONT CA 94538 |
Joanne C. Crevoiserat | director | 6301 FITCH PATH, NEW ALBANY OH 43054 |
Wesley G Bush | director | 333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180 |
Julian G. Blissett | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Patricia F Russo | director | 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265 |
Douglas L Parks | officer: Executive Vice President | 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265 |
Craig B. Glidden | officer: Executive Vice President & GC | 300 RENAISSANCE CENTER., M/C: 482-C25-A36, DETROIT MI 48265-3000 |
Christopher Hatto | officer: VP, Controller & CAO | 27175 HAGGERTY ROAD, NOVI MI 49377 |
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