Applied Industrial Technologies (AIT) Tax Rate (2009 - 2026)
Applied Industrial Technologies (AIT) reported 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 18 years of Tax Rate data on file, last reported at 26.17% in Q1 2026.
- Tax Rate for Q1 2026 came in at 26.17%, up 457.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.58% (down 74.0% YoY), and the FY2025 annual result was 21.55%, down 100.0% from the prior year.
- Tax Rate rose to 26.17% in Q1 2026 per AIT's latest filing, from 22.34% in the prior quarter.
- Over five years, Tax Rate peaked at 26.57% in Q2 2024 and troughed at 20.15% in Q2 2025.
- A 5-year average of 22.52% and a median of 21.6% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 552 bps in 2022, then tumbled 642 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 24.06% in 2022, then retreated by 12 bps to 21.08% in 2023, then increased by 13 bps to 23.88% in 2024, then retreated by 6 bps to 22.34% in 2025, then advanced 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 | 63.64 Bn | 63.46 Bn | 1.75 Bn | 22.74% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 24.22% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.86% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 20.32% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 18.98% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 26.17% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 22.34% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 24.17% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 24.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.17% |
| Mar 31, 2026 | 26.17% |
| Dec 31, 2025 | 22.34% |
| Dec 31, 2025 | 22.34% |
| Sep 30, 2025 | 21.60% |
| Sep 30, 2025 | 21.60% |
| Jun 30, 2025 | 20.15% |
| Jun 30, 2025 | 20.15% |
| Mar 31, 2025 | 21.59% |
| Mar 31, 2025 | 21.59% |
| Dec 31, 2024 | 23.88% |
| Dec 31, 2024 | 23.88% |
| Sep 30, 2024 | 20.69% |
| Sep 30, 2024 | 20.69% |
| Jun 30, 2024 | 26.57% |
| Jun 30, 2024 | 26.57% |
| Mar 31, 2024 | 20.75% |
| Mar 31, 2024 | 20.75% |
| Dec 31, 2023 | 21.08% |
| Dec 31, 2023 | 21.08% |