Global Industrial (GIC) Tax Rate (2010 - 2026)

Global Industrial has reported Tax Rate for 17 years, with the latest figure at 26.09% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 67.0% year-over-year to 26.09%; the trailing twelve-month figure through Mar 2026 stood at 26.35% (up 206.0% YoY), and the FY2025 full-year result was 26.23%, up 229.0% from the prior year.
• Tax Rate for Q1 2026 stood at 26.09%, up from 25.51% in the prior quarter.
• The five-year high for Tax Rate was 28.64% in Q4 2023, with the low at 23.19% in Q2 2024.
• Historically, Tax Rate has averaged 25.22% across 5 years, with a median of 25.09% in 2022.
• Annual changes were most pronounced in 2022 — Tax Rate surged 1094 bps — and 2024, when it slumped 382 bps.
• Global Industrial's Tax Rate stood at 23.86% in 2022, then advanced by 20 bps to 28.64% in 2023, then decreased by 13 bps to 24.82% in 2024, then advanced by 3 bps to 25.51% in 2025, then climbed by 2 bps to 26.09% in 2026.
• The last three Tax Rate figures came in at 26.09% (Q1 2026), 25.51% (Q4 2025), and 27.97% (Q3 2025), per Business Quant data.