Cts (CTS) Tax Rate (2010 - 2026)
Cts' Tax Rate was 53.55% in Q3 2026, up 22.95 percentage points from 30.59% a year earlier and up 26.59 percentage points from the prior quarter.
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Analysis
Cts (CTS) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cts' Tax Rate was 33.51% through Sep 30, 2026, up 10.60 percentage points year-over-year; for FY2025, it was 22.03%, up 2.91 percentage points from FY2024.
- Tax Rate shows a five-year change of -1.70 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 19.11% in FY2024 (-0.34 pp), 19.45% in FY2023 (-6.76 pp) and 26.21% in FY2022.
- The Q3 2026 figure marks the highest quarterly Tax Rate since Q3 2019.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +6.99 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2026 (a gain of 22.95 percentage points); the worst was Q4 2023 (a drop of 14.98 percentage points).
- Per Business Quant data, CTS's Tax Rate in the three quarters before Q3 2026 was 26.96% (Q2 2026), 20.65% (Q1 2026) and 20.89% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 21.62% |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 23.15% |
| 10 | Cts | 1.65 Bn | 1.23 Bn | 63.15 Mn | 53.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 53.55% |
| Jun 30, 2026 | 26.96% |
| Mar 31, 2026 | 20.65% |
| Dec 31, 2025 | 20.89% |
| Sep 30, 2025 | 30.59% |
| Jun 30, 2025 | 19.38% |
| Mar 31, 2025 | 17.09% |
| Dec 31, 2024 | 24.46% |
| Sep 30, 2024 | 17.23% |
| Jun 30, 2024 | 17.23% |
| Mar 31, 2024 | 18.59% |
| Dec 31, 2023 | 13.09% |
| Sep 30, 2023 | 25.44% |
| Jun 30, 2023 | 19.79% |
| Mar 31, 2023 | 19.22% |
| Dec 31, 2022 | 28.07% |
| Sep 30, 2022 | 31.80% |
| Jun 30, 2022 | 25.55% |
| Mar 31, 2022 | 21.39% |
| Dec 31, 2021 | 37.87% |
API Access
Cts 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=CTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CTS", "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=CTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();