Greystone Logistics (GLGI) Tax Rate (2014 - 2025)
Greystone Logistics (GLGI) posted Tax Rate of 5.27% for fiscal Q4 2026 (quarter ended May 31, 2026), down 30.50 percentage points from 35.77% a year earlier but up 1.79 percentage points from the prior quarter.
Greystone Logistics (GLGI) Tax Rate (2014 - 2025) Analysis & Trends
For FY2026 (ended May 31, 2026), Greystone Logistics' Tax Rate came in at 5.07%, down 26.94 percentage points from FY2025.
- Annual Tax Rate shows a five-year change of -23.93 percentage points (FY2021 to FY2026).
- In prior fiscal years, Greystone Logistics' Tax Rate was 32.00% in FY2025 (+14.98 pp), 17.02% in FY2024 (-10.80 pp), 27.82% in FY2023 (+17.28 pp) and 10.54% in FY2022 (-18.46 pp).
- Quarterly Tax Rate has run from a low of -20.50% in fiscal Q4 2024 to a high of 57.16% in fiscal Q4 2023 over five years.
- On a year-over-year basis, Tax Rate increased in two of the last six quarters, with an average year-over-year change of -1.87 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q4 2025, with a gain of 56.27 percentage points; the weakest was fiscal Q4 2024, with a drop of 77.67 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 3.48% (Q3 2026), -7.19% (Q2 2026) and 24.19% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Greystone Logistics | 7.09 Mn | 3.10 Mn | -329,147.00 | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2025 | 35.77% |
| Feb 28, 2025 | 16.73% |
| Aug 31, 2024 | 38.92% |
| Feb 29, 2024 | 34.65% |
| Nov 30, 2023 | 32.76% |
| Aug 31, 2023 | 29.99% |
| May 31, 2023 | 57.16% |
| Feb 28, 2023 | 5.04% |
| Aug 31, 2022 | 19.84% |
| May 31, 2022 | 29.35% |
| Feb 28, 2022 | 27.95% |
| May 31, 2021 | 21.62% |
| Feb 28, 2021 | 30.66% |
| Nov 30, 2020 | 30.88% |
| Aug 31, 2020 | 31.03% |
| Feb 29, 2020 | 19.86% |
| Nov 30, 2019 | 22.22% |
| Aug 31, 2019 | 23.00% |
| Feb 28, 2019 | 25.76% |
| Nov 30, 2018 | 26.76% |
Greystone Logistics 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=GLGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GLGI", "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=GLGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();