Global Industrial (GIC) Tax Rate (2010 - 2026)
Global Industrial's (GIC) quarterly Tax Rate came in at 26.09% in Q1 2026, up 67.0% YoY from 15.62% in Q1 2025, and up 2.26% on a QoQ basis from 25.51% in Q4 2025.
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Analysis
Global Industrial (GIC) Tax Rate (2010 - 2026) Analysis & Trends
Global Industrial (GIC) has 17 years of Tax Rate data on file, last reported at 26.09% in Q1 2026.
- Quarterly Tax Rate rose 67.0% year-over-year to 26.09% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.35% (up 206.0% YoY) and the FY2025 annual result came in at 26.23%, up 229.0% from the prior year.
- Tax Rate grew to 26.09% in Q1 2026, from 25.51% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.64% in Q4 2023 to a low of 23.19% in Q2 2024.
- A 5-year average of 25.22% and a median of 25.09% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 1094 bps — and 2024, when it slumped 382 bps.
- Tracing GIC's Tax Rate over 5 years: 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.79 Bn | 61.20 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 56.20 Bn | 56.00 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.11 Bn | 42.29 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.51 Bn | 15.70 Bn | 1.46 Bn | 22.94% |
| 5 | Watsco | 12.01 Bn | 11.55 Bn | 578.93 Mn | 20.91% |
| 6 | Applied Industrial Technologies | 11.96 Bn | 11.84 Bn | 411.22 Mn | 24.84% |
| 7 | Core & Main | 8.33 Bn | 8.18 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.61 Bn | 6.58 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.55 Bn | 6.48 Bn | 430.41 Mn | 24.50% |
| 10 | Global Industrial | 1.50 Bn | 1.42 Bn | 155.40 Mn | 26.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.24% |
| Mar 31, 2026 | 26.09% |
| Dec 31, 2025 | 25.51% |
| Sep 30, 2025 | 27.97% |
| Jun 30, 2025 | 25.74% |
| Mar 31, 2025 | 25.41% |
| Dec 31, 2024 | 24.82% |
| Sep 30, 2024 | 24.32% |
| Jun 30, 2024 | 23.19% |
| Mar 31, 2024 | 23.84% |
| Dec 31, 2023 | 28.64% |
| Sep 30, 2023 | 24.73% |
| Jun 30, 2023 | 25.35% |
| Mar 31, 2023 | 24.43% |
| Dec 31, 2022 | 23.86% |
| Sep 30, 2022 | 24.54% |
| Jun 30, 2022 | 25.17% |
| Mar 31, 2022 | 25.09% |
| Dec 31, 2021 | 22.22% |
| Sep 30, 2021 | 23.68% |