Commercial Vehicle (CVGI) Tax Rate (2010 - 2026)
Commercial Vehicle (CVGI) reported Tax Rate of -29.61% for Q2 2026, up 42.84 percentage points from -72.45% a year earlier but down 97.56 percentage points from the prior quarter.
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Analysis
Commercial Vehicle (CVGI) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Commercial Vehicle's Tax Rate came in at -29.54%, up 224.04 percentage points year-over-year; for FY2025, it was -30.12%, up 303.49 percentage points from FY2024.
- Tax Rate has a five-year change of -46.86 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -333.61% in FY2024 (-280.14 pp), -53.48% in FY2023 (-542.11 pp), 488.64% in FY2022 (+462.51 pp) and 26.13% in FY2021 (+9.38 pp).
- Five-year quarterly Tax Rate spans a low of -2104.30% in Q4 2023 and a high of 67.95% in Q1 2026.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of +256.53 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 1904.45 percentage points); the low point was Q4 2023 (a drop of 1916.56 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 67.95% (Q1 2026), -3.44% (Q4 2025) and -11.41% (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 | Commercial Vehicle | 111.82 Mn | 111.82 Mn | 24.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 67.95% |
| Mar 31, 2024 | 33.16% |
| Sep 30, 2023 | 23.15% |
| Jun 30, 2023 | 21.04% |
| Mar 31, 2023 | 27.60% |
| Sep 30, 2022 | 27.08% |
| Jun 30, 2022 | 26.83% |
| Mar 31, 2022 | 26.01% |
| Dec 31, 2021 | 41.71% |
| Sep 30, 2021 | 24.35% |
| Jun 30, 2021 | 23.28% |
| Mar 31, 2021 | 22.94% |
| Sep 30, 2019 | 6.46% |
| Jun 30, 2019 | 26.62% |
| Mar 31, 2019 | 24.19% |
| Dec 31, 2018 | 4.35% |
| Jun 30, 2018 | 25.53% |
| Mar 31, 2018 | 27.32% |
| Dec 31, 2017 | 263.11% |
| Sep 30, 2017 | 33.85% |
API Access
Commercial Vehicle 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=CVGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CVGI", "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=CVGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();