Applied Industrial Technologies (AIT) Tax Rate (2009 - 2026)
Applied Industrial Technologies (AIT) posted quarterly Tax Rate of 26.17% for Q1 2026, up 457.0% year-over-year from 4.7% in Q1 2025, and up 17.15% quarter-over-quarter from 22.34% in Q4 2025.
Applied Industrial Technologies (AIT) Tax Rate (2009 - 2026) Analysis & Trends
Applied Industrial Technologies (AIT) has reported Tax Rate for 18 consecutive years, with 26.17% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 457.0% year-over-year to 26.17%; the TTM figure through Mar 2026 stood at 22.58% (down 74.0% YoY), while the FY2025 annual figure was 21.55%, down 100.0% from the prior year.
- Tax Rate climbed to 26.17% in Q1 2026 per AIT's latest filing, from 22.34% in the prior quarter.
- Across five years, Tax Rate topped out at 26.57% in Q2 2024 and bottomed at 20.15% in Q2 2025.
- Historically, Tax Rate has averaged 22.52% across 5 years, with a median of 21.6% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate surged 552 bps — and 2025, when it tumbled 642 bps.
- Applied Industrial Technologies' Tax Rate stood at 24.06% in 2022, then decreased by 12 bps to 21.08% in 2023, then rose by 13 bps to 23.88% in 2024, then decreased by 6 bps to 22.34% in 2025, then climbed by 17 bps to 26.17% in 2026.
- Business Quant data shows AIT's Tax Rate at 26.17% in Q1 2026, 22.34% in Q4 2025, and 21.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 22.94% |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 26.17% |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 20.91% |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 24.50% |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | -7.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.17% |
| Mar 31, 2026 | 26.17% |
| Mar 31, 2026 | 26.17% |
| Dec 31, 2025 | 22.34% |
| Dec 31, 2025 | 22.34% |
| Dec 31, 2025 | 22.34% |
| Sep 30, 2025 | 21.60% |
| Sep 30, 2025 | 21.60% |
| Sep 30, 2025 | 21.60% |
| Jun 30, 2025 | 20.15% |
| Jun 30, 2025 | 20.15% |
| Jun 30, 2025 | 20.15% |
| Mar 31, 2025 | 21.59% |
| Mar 31, 2025 | 21.59% |
| Mar 31, 2025 | 21.59% |
| Dec 31, 2024 | 23.88% |
| Dec 31, 2024 | 23.88% |
| Dec 31, 2024 | 23.88% |
| Sep 30, 2024 | 20.69% |
| Sep 30, 2024 | 20.69% |