Discontinued — last reported Q4 '22

Tax

Current income tax expense (benefit)

General Motors Current income tax expense (benefit) remained flat by 0.0% to $396.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.6%, from $297.00M to $396.75M. Over 4 years (FY 2021 to FY 2025), Current income tax expense (benefit) shows an upward trend with a 29.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2022

How to read this metric

An increase relative to pre-tax income suggests a higher effective cash tax rate, potentially reducing net cash flow.

Detailed definition

The total amount of income tax currently payable to all tax authorities (federal, state, and foreign) for the current pe...

Peer comparison

Standard income statement line item required by GAAP/IFRS.

Metric ID: is_cat_current_income_tax_expense

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$557.00M$1.46B$1.61B$1.19B$1.59B
YoY Change—+162.8%+9.6%-26.0%+33.6%
Range$557.00M – $1.61B
CAGR+29.9%
Avg YoY Growth+45.0%
Median YoY Growth+21.6%

Frequently Asked Questions

What is General Motors's current income tax expense (benefit)?
General Motors (GM) reported current income tax expense (benefit) of $396.75M in Q4 2025.
How has General Motors's current income tax expense (benefit) changed year-over-year?
General Motors's current income tax expense (benefit) increased by 33.6% year-over-year, from $297.00M to $396.75M.
What is the long-term trend for General Motors's current income tax expense (benefit)?
Over 4 years (2021 to 2025), General Motors's current income tax expense (benefit) has grown at a 29.9% compound annual growth rate (CAGR), from $557.00M to $1.59B.
What does current income tax expense (benefit) mean?
Total income taxes currently owed to all government authorities.