General Motors Co Income Tax Expense 2009-2026 | GM
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is General Motors Co's current income tax expense?
General Motors Co (GM) annual income tax expense for 2025 was $338.0M, a 86.78% decline from 2024. General Motors Co income tax expense for the quarter ending March 31, 2026 was $642.0M.
What was General Motors Co's income tax expense in 2024?
General Motors Co annual income tax expense for 2024 was $2.56B, a 354.00% increase from 2023.
What was General Motors Co's income tax expense in 2023?
General Motors Co annual income tax expense for 2023 was $563.0M, a 70.18% decline from 2022.
What is General Motors Co's 5-year income tax expense CAGR?
General Motors Co income tax expense grew at a compound annual growth rate (CAGR) of 28.22% from FY2020 to FY2025, going from $1.77B to $338.0M over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR-28.2%
FY2020
$1.77B
→
FY2025
$338.0M
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $338.0M | -86.8% | 10-K |
| FY2024 | $2.56B | +354.0% | 10-K |
| FY2023 | $563.0M | -70.2% | 10-K |
| FY2022 | $1.89B | -31.9% | 10-K |
| FY2021 | $2.77B | +56.2% | 10-K |
| FY2020 | $1.77B | +130.7% | 10-K |
| FY2019 | $769.0M | +62.2% | 10-K |
| FY2018 | $474.0M | -95.9% | 10-K |
| FY2017 | $11.53B | +321.1% | 10-K |
| FY2016 | $2.74B | +324.7% | 10-K |
| FY2015 | $-1.22B | -634.6% | 10-K |
| FY2014 | $228.0M | -89.3% | 10-K |
| FY2013 | $2.13B | +106.1% | 10-K |
| FY2012 | $-34.83B | -31564.5% | 10-K |
| FY2011 | $-110.0M | -116.4% | 10-K |
| FY2010 | $672.0M | +167.2% | 10-K |
| FY2009 | $-1.00B | - | 10-K |
Company: General Motors CoTicker: GMSector: AutomotiveIndustry: Motor Vehicles & Passenger Car BodiesView company profile →