Tax
Current State and Local Tax Expense (Benefit)
General Motors Current State and Local Tax Expense (Benefit) remained flat by 0.0% to $52.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 31.7%, from $77.25M to $52.75M. Over 4 years (FY 2021 to FY 2025), Current State and Local Tax Expense (Benefit) shows an upward trend with a 10.4% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2013
Last reportedQ4 2025Jan 27, 2026
Metric ID:
glw_current_state_local_taxHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $142.00M | $368.00M | $490.00M | $309.00M | $211.00M |
| YoY Change | — | +159.2% | +33.2% | -36.9% | -31.7% |
Range$142.00M – $490.00M
CAGR+10.4%
Avg YoY Growth+30.9%
Median YoY Growth+0.7%
Current Streak2 years decline
Current State and Local Tax Expense (Benefit) at Other Companies
Frequently Asked Questions
- What is General Motors's current state and local tax expense (benefit)?
- General Motors (GM) reported current state and local tax expense (benefit) of $52.75M in Q4 2025.
- How has General Motors's current state and local tax expense (benefit) changed year-over-year?
- General Motors's current state and local tax expense (benefit) decreased by 31.7% year-over-year, from $77.25M to $52.75M.
- What is the long-term trend for General Motors's current state and local tax expense (benefit)?
- Over 4 years (2021 to 2025), General Motors's current state and local tax expense (benefit) has grown at a 10.4% compound annual growth rate (CAGR), from $142.00M to $211.00M.