Global Industrial (GIC) Tax Rate (2010 - 2026)
Global Industrial (GIC) recorded Tax Rate of 26.24% in Q2 2026, up 0.50 percentage points from 25.74% a year earlier and up 0.16 percentage points from the prior quarter.
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Analysis
Global Industrial (GIC) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Global Industrial's Tax Rate came in at 26.48% as of Jun 30, 2026, up 1.31 percentage points year-over-year; for FY2025, it came in at 26.23%, up 2.29 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.54 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 23.93% in FY2024 (-1.80 pp), 25.74% in FY2023 (+0.98 pp), 24.76% in FY2022 (+4.78 pp) and 19.98% in FY2021 (-3.71 pp).
- Quarterly Tax Rate has ranged from 22.22% in Q4 2021 to 28.64% in Q4 2023 over the past five years.
- On a year-over-year basis, Tax Rate has increased for six consecutive quarters, with an average year-over-year change of +0.68 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 10.94 percentage points in Q2 2022, against a drop of 3.82 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.09% (Q1 2026), 25.51% (Q4 2025) and 27.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 53.08% |
| 10 | Global Industrial | 1.60 Bn | 1.32 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% |
API Access
Global Industrial 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=GIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GIC", "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=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();