Global Industrial (GIC) Change in Taxes (2014 - 2026)
Global Industrial (GIC) reported Change in Taxes of $5.0 million for Q1 2026, up 13.64% on a YoY basis from $4.4 million in Q1 2025, and up 350.0% quarter-over-quarter from -$2.0 million in Q4 2025.
Global Industrial (GIC) Change in Taxes (2014 - 2026) Analysis & Trends
Global Industrial has reported Change in Taxes for 13 years, with the latest figure at $5.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 13.64% year-over-year to $5.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.8 million (down 28.0% YoY), and the FY2025 full-year result was $1.2 million, down 29.41% from the prior year.
- Change in Taxes for Q1 2026 stood at $5.0 million, up from -$2.0 million in the prior quarter.
- The five-year high for Change in Taxes was $5.0 million in Q1 2026, with the low at -$7.2 million in Q2 2022.
- Historically, Change in Taxes has averaged -$17647.1 across 5 years, with a median of -$400000.0 in 2022.
- Annual changes were most pronounced in 2023 — Change in Taxes soared 263.64% — and 2025, when it plunged 766.67%.
- Global Industrial's Change in Taxes stood at -$600000.0 in 2022, then plunged by 350.0% to -$2.7 million in 2023, then jumped by 111.11% to $300000.0 in 2024, then slumped by 766.67% to -$2.0 million in 2025, then surged by 350.0% to $5.0 million in 2026.
- The last three Change in Taxes figures came in at $5.0 million (Q1 2026), -$2.0 million (Q4 2025), and $400000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 38.00 Mn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 92.20 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 29.00 Mn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 1.30 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | - |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | - |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | - |
| 10 | Global Industrial | 1.19 Bn | 1.13 Bn | 121.90 Mn | 5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.00 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | 400,000.00 |
| Sep 30, 2025 | 400,000.00 |
| Jun 30, 2025 | -1.60 Mn |
| Jun 30, 2025 | -1.60 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Dec 31, 2024 | 300,000.00 |
| Dec 31, 2024 | 300,000.00 |
| Sep 30, 2024 | -1.40 Mn |
| Sep 30, 2024 | -1.40 Mn |
| Jun 30, 2024 | -800,000.00 |
| Jun 30, 2024 | -800,000.00 |
| Mar 31, 2024 | 3.60 Mn |
| Mar 31, 2024 | 3.60 Mn |
| Dec 31, 2023 | -2.70 Mn |
| Dec 31, 2023 | -2.70 Mn |