Titan Machinery (TITN) Tax Rate (2010 - 2026)
Titan Machinery's (TITN) quarterly Tax Rate came in at 59.35% in Q1 2026, down 8492.0% year-on-year from 0.71% in Q1 2025, and down 203.51% quarter-over-quarter from 57.34% in Q4 2025.
Titan Machinery (TITN) Tax Rate (2010 - 2026) Analysis & Trends
Titan Machinery has disclosed Tax Rate across 17 years of filings, most recently posting 59.35% for Q1 2026.
- Tax Rate for Q1 2026 came in at 59.35%, down 8492.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 19.31% (down 4546.0% YoY), and the FY2026 annual result was 19.31%, down 4546.0% from the prior year.
- Tax Rate came in at 59.35% for Q1 2026 at Titan Machinery, down from 57.34% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 57.34% in Q4 2025 to a low of 522.91% in Q4 2024.
- The 5-year median for Tax Rate is 24.69% (2023), against an average of 11.78%.
- Across the five-year window, Tax Rate plunged 54827 bps in 2024 and jumped 58025 bps in 2025, its largest moves.
- Titan Machinery's Tax Rate stood at 24.55% in 2022, then rose by 3 bps to 25.36% in 2023, then slumped by 2162 bps to 522.91% in 2024, then jumped by 111 bps to 57.34% in 2025, then sank by 204 bps to 59.35% in 2026.
- The last three Tax Rate figures came in at 59.35% (Q1 2026), 57.34% (Q4 2025), and 27.15% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 22.74% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 24.22% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.86% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 20.32% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 18.98% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 26.17% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 22.34% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 24.17% |
| 10 | Titan Machinery | 472.48 Mn | 472.48 Mn | 89.28 Mn | -1.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.13% |
| Apr 30, 2026 | -1.13% |
| Jan 31, 2026 | -59.35% |
| Jan 31, 2026 | -59.35% |
| Oct 31, 2025 | 57.34% |
| Oct 31, 2025 | 57.34% |
| Jul 31, 2025 | 27.15% |
| Jul 31, 2025 | 27.15% |
| Apr 30, 2025 | 23.60% |
| Apr 30, 2025 | 23.60% |
| Jan 31, 2025 | 25.57% |
| Jan 31, 2025 | 25.57% |
| Oct 31, 2024 | -522.91% |
| Oct 31, 2024 | -522.91% |
| Jul 31, 2024 | -1.27% |
| Jul 31, 2024 | -1.27% |
| Apr 30, 2024 | 26.16% |
| Apr 30, 2024 | 26.16% |
| Jan 31, 2024 | 28.59% |
| Jan 31, 2024 | 28.59% |