Cts (CTS) Tax Rate (2010 - 2026)
Cts' Tax Rate was 26.96% in Q2 2026, up 7.58 percentage points from 19.38% a year earlier and up 6.31 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 24.62% through Jun 30, 2026, up 5.32 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), 26.21% in FY2022 (-5.02 pp) and 31.23% in FY2021 (+7.50 pp).
- Quarterly Tax Rate has moved between 13.09% (Q4 2023) and 37.87% (Q4 2021) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +3.09 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 15.08 percentage points); the worst was Q2 2022 (a drop of 220.04 percentage points).
- Per Business Quant data, CTS's Tax Rate in the three quarters before Q2 2026 was 20.65% (Q1 2026), 20.89% (Q4 2025) and 30.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 24.54% |
| 10 | Cts | 1.71 Bn | 1.32 Bn | 60.05 Mn | 26.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 18.93% |
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();