Astec Industries (ASTE) Tax Rate (2009 - 2026)
Astec Industries (ASTE) posted Tax Rate of 30.00% for Q2 2026, up 4.34 percentage points from 25.66% a year earlier but down 23.57 percentage points from the prior quarter.
Astec Industries (ASTE) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Astec Industries was 31.82%, up 2.22 percentage points year-over-year; for FY2025, it was 26.93%, down 43.57 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +30.30 percentage points (FY2020 to FY2025).
- In prior years, Astec Industries' Tax Rate was 70.50% in FY2024 (+49.24 pp), 21.26% in FY2023 (-92.37 pp), 113.64% in FY2022 (+128.85 pp) and -15.22% in FY2021 (-11.85 pp).
- Quarterly Tax Rate has run from a low of -47.54% in Q3 2021 to a high of 144.83% in Q4 2022 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +9.43 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2021, with a gain of 252.46 percentage points; the weakest was Q4 2023, with a drop of 129.97 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 53.57% (Q1 2026), 25.16% (Q4 2025) and 17.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 24.54% |
| 10 | Astec Industries | 965.77 Mn | 664.37 Mn | 106.80 Mn | 30.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.00% |
| Mar 31, 2026 | 53.57% |
| Dec 31, 2025 | 25.16% |
| Jun 30, 2025 | 25.66% |
| Mar 31, 2025 | 27.41% |
| Dec 31, 2024 | 33.12% |
| Mar 31, 2024 | 29.79% |
| Dec 31, 2023 | 14.86% |
| Jun 30, 2023 | 16.98% |
| Mar 31, 2023 | 26.67% |
| Dec 31, 2022 | 144.83% |
| Sep 30, 2022 | 58.33% |
| Mar 31, 2022 | 18.00% |
| Jun 30, 2021 | 20.19% |
| Mar 31, 2021 | 8.60% |
| Dec 31, 2020 | 17.05% |
| Jun 30, 2020 | 16.07% |
| Sep 30, 2019 | 17.62% |
| Jun 30, 2019 | 23.08% |
| Mar 31, 2019 | 21.01% |
Astec 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=ASTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ASTE", "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=ASTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();