Omnitek Engineering (OMTK) Tax Rate (2011 - 2026)
Omnitek Engineering's (OMTK) quarterly Tax Rate came in at 1.11% in Q2 2026, down 174.0% on a YoY basis from 1.5% in Q2 2025, and down 276.03% quarter-over-quarter from 0.63% in Q2 2025.
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Omnitek Engineering (OMTK) Tax Rate (2011 - 2026) Analysis & Trends
Omnitek Engineering (OMTK) has reported Tax Rate for 15 consecutive years, with 1.11% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 174.0% year-over-year to 1.11%; the trailing twelve-month figure through Jun 2026 stood at 2.36% (up 162.0% YoY), and the FY2025 full-year result was 0.29%, up 77.0% from the prior year.
- Tax Rate retreated to 1.11% in Q2 2026 per OMTK's latest filing, from 0.63% in the prior quarter.
- Across five years, Tax Rate topped out at 2211.42% in Q4 2022 and bottomed at 1.28% in Q2 2022.
- Historically, Tax Rate has averaged 332.48% across 5 years, with a median of 0.74% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 220841 bps in 2022, then tumbled 209193 bps in 2023.
- Over 5 years, Tax Rate stood at 2211.42% in 2022, then slumped by 95 bps to 119.5% in 2023, then tumbled by 101 bps to 0.74% in 2024, then surged by 185 bps to 0.63% in 2025, then tumbled by 276 bps to 1.11% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 1.11%, 0.63%, and 0.74% for Q2 2026, Q2 2025, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.25 Bn | 364.53 Bn | 7.76 Bn | 23.15% |
| 2 | Cummins | 75.47 Bn | 70.80 Bn | 2.47 Bn | 25.14% |
| 3 | Paccar | 64.67 Bn | 56.00 Bn | 1.56 Bn | 23.38% |
| 4 | Borgwarner | 13.38 Bn | 10.93 Bn | 721.00 Mn | 21.77% |
| 5 | Allison Transmission Holdings | 10.42 Bn | 10.02 Bn | 515.00 Mn | 20.61% |
| 6 | Oshkosh | 9.31 Bn | 8.90 Bn | 480.30 Mn | 16.93% |
| 7 | Federal Signal | 6.99 Bn | 6.93 Bn | 203.80 Mn | 22.71% |
| 8 | Terex | 6.88 Bn | 6.47 Bn | 444.00 Mn | 20.86% |
| 9 | Dana | 3.29 Bn | 2.96 Bn | 210.00 Mn | 91.53% |
| 10 | Omnitek Engineering | 219,480.91 | 174,288.91 | 133,100.00 | -1.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.11% |
| Jun 30, 2025 | 0.63% |
| Jun 30, 2024 | -0.74% |
| Dec 31, 2023 | 119.50% |
| Jun 30, 2023 | -1.05% |
| Dec 31, 2022 | 2,211.42% |
| Jun 30, 2022 | -1.28% |
| Dec 31, 2021 | 3.01% |
| Jun 30, 2021 | -0.91% |
| Dec 31, 2020 | 86.79% |
| Sep 30, 2020 | -0.86% |
| Jun 30, 2018 | -1.06% |
| Jun 30, 2017 | -0.42% |
| Jun 30, 2016 | -0.27% |
| Mar 31, 2015 | -0.34% |
| Mar 31, 2014 | -0.19% |
| Mar 31, 2013 | -0.32% |
| Dec 31, 2012 | 14.30% |
| Mar 31, 2012 | -0.49% |
| Mar 31, 2011 | 4.23% |