Ascent Industries (ACNT) Tax Rate (2010 - 2022)
Ascent Industries (ACNT) posted Tax Rate of -871.01% for Q2 2026, down 874.52 percentage points from 3.51% a year earlier and down 864.91 percentage points from the prior quarter.
Ascent Industries (ACNT) Tax Rate (2010 - 2022) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Ascent Industries was 13.31%, up 49.80 percentage points year-over-year; for FY2025, it was -0.40%, up 16.37 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -15.11 percentage points (FY2020 to FY2025).
- In prior years, Ascent Industries' Tax Rate was -16.77% in FY2024 (-33.62 pp), 16.86% in FY2023 (+63.22 pp), -46.36% in FY2022 (-66.96 pp) and 20.60% in FY2021 (+5.88 pp).
- The Q2 2026 figure stands as the lowest quarterly Tax Rate in data going back to Q1 2011.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -129.34 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2025, with a gain of 204.66 percentage points; the weakest was Q2 2026, with a drop of 874.52 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -6.11% (Q1 2026), -5.67% (Q4 2025) and -86.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 20.01% |
| 10 | Ascent Industries | 129.29 Mn | -62.25 Mn | 5.55 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 21.91% |
| Jun 30, 2022 | 6.07% |
| Mar 31, 2022 | 20.15% |
| Dec 31, 2021 | 20.01% |
| Sep 30, 2021 | 21.00% |
| Jun 30, 2021 | 22.02% |
| Mar 31, 2021 | 18.05% |
| Sep 30, 2018 | 22.06% |
| Jun 30, 2018 | 20.99% |
| Mar 31, 2018 | 21.64% |
| Dec 31, 2017 | 1.17% |
| Jun 30, 2017 | 28.14% |
| Mar 31, 2017 | 30.04% |
| Oct 3, 2015 | 20.71% |
| Jul 4, 2015 | 22.48% |
| Apr 4, 2015 | 28.25% |
| Sep 27, 2014 | 30.14% |
| Jun 28, 2014 | 26.00% |
| Mar 29, 2014 | 33.91% |
| Sep 28, 2013 | 14.20% |
Ascent Industries Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ACNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ACNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ACNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();