Csw Industrials (CSW) Tax Rate (2014 - 2025)
Csw Industrials (CSW) recorded Tax Rate of -34.18% in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 47.96 percentage points from 13.79% a year earlier and down 60.66 percentage points from the prior quarter.
Csw Industrials (CSW) Tax Rate (2014 - 2025) Analysis & Trends
On a TTM basis, Csw Industrials' Tax Rate came in at 22.30% as of Dec 31, 2025, down 1.11 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at 23.67%, down 3.34 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +1.48 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 27.01% in FY2024 (+3.71 pp), 23.30% in FY2023 (-3.10 pp), 26.40% in FY2022 (+5.23 pp) and 21.17% in FY2021 (-1.02 pp).
- The fiscal Q3 2026 figure is the lowest quarterly Tax Rate in data going back to fiscal Q2 2015.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -9.78 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 28.46 percentage points in fiscal Q3 2024, against a drop of 47.96 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 26.49% (Q2 2026), 24.28% (Q1 2026) and 24.58% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 24.97% |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 17.92% |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 33.69% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 24.32% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 19.00% |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 22.77% |
| 10 | Csw Industrials | 5.26 Bn | 5.14 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 26.49% |
| Jun 30, 2025 | 24.28% |
| Mar 31, 2025 | 24.58% |
| Dec 31, 2024 | 13.79% |
| Sep 30, 2024 | 26.06% |
| Jun 30, 2024 | 26.42% |
| Mar 31, 2024 | 23.69% |
| Dec 31, 2023 | 43.29% |
| Sep 30, 2023 | 25.68% |
| Jun 30, 2023 | 25.29% |
| Mar 31, 2023 | 25.14% |
| Dec 31, 2022 | 14.84% |
| Sep 30, 2022 | 24.57% |
| Jun 30, 2022 | 24.48% |
| Mar 31, 2022 | 32.89% |
| Dec 31, 2021 | 19.77% |
| Sep 30, 2021 | 25.28% |
| Jun 30, 2021 | 23.92% |
| Mar 31, 2021 | 12.66% |
| Dec 31, 2020 | 22.82% |
Csw Industrials 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=CSW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CSW", "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=CSW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();