Titan Machinery (TITN) Tax Rate (2010 - 2025)
Titan Machinery's Tax Rate came in at 0.07% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 27.08 percentage points from 27.15% a year earlier but up 1.20 percentage points from the prior quarter.
Titan Machinery (TITN) Tax Rate (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Titan Machinery reported Tax Rate of -36.65%, down 63.76 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -19.31%, down 45.46 percentage points from FY2025.
- Tax Rate carries a five-year change of -56.37 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 26.16% in FY2025 (+0.60 pp), 25.56% in FY2024 (+0.88 pp), 24.68% in FY2023 (+0.68 pp) and 24.00% in FY2022 (-13.06 pp).
- The five-year range for quarterly Tax Rate is -522.91% (fiscal Q3 2025) to 57.34% (fiscal Q3 2026).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -10.24 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q3 2026 (a gain of 580.25 percentage points), and the weakest in fiscal Q3 2025 (a drop of 548.27 percentage points).
- Business Quant data shows TITN's Tax Rate at -1.13% (Q1 2027), -59.35% (Q4 2026) and 57.34% (Q3 2026) in the three fiscal quarters before Q2 2027.
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 | Titan Machinery | 543.21 Mn | 543.21 Mn | 92.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | 57.34% |
| Apr 30, 2024 | 26.16% |
| Jan 31, 2024 | 28.59% |
| Oct 31, 2023 | 25.36% |
| Jul 31, 2023 | 24.69% |
| Apr 30, 2023 | 23.91% |
| Jan 31, 2023 | 23.99% |
| Oct 31, 2022 | 24.55% |
| Jul 31, 2022 | 24.71% |
| Apr 30, 2022 | 25.63% |
| Jan 31, 2022 | 22.01% |
| Oct 31, 2021 | 24.31% |
| Jul 31, 2021 | 28.04% |
| Apr 30, 2021 | 22.90% |
| Jan 31, 2021 | 85.75% |
| Oct 31, 2020 | 28.30% |
| Jul 31, 2020 | 22.82% |
| Apr 30, 2020 | 28.14% |
| Oct 31, 2019 | 33.81% |
| Jul 31, 2019 | 25.80% |
Titan Machinery 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=TITN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TITN", "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=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();