Titan Machinery (TITN) Tax Rate (2010 - 2026)
Titan Machinery (TITN) posted Tax Rate of 1.13% for Q2 2026, up 98.1% sequentially from 59.35% in Q1 2026, and down 2473.0% YoY from 0.05% in Q2 2025.
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Analysis
Titan Machinery (TITN) Tax Rate (2010 - 2026) Analysis & Trends
Titan Machinery has reported Tax Rate for 17 years, with the latest figure at 1.13% in Q2 2026.
- Quarterly Tax Rate fell 2473.0% year-over-year to 1.13% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 31.99% (down 5759.0% YoY) and the FY2026 annual result came in at 19.31%, down 4546.0% from the prior year.
- Tax Rate improved to 1.13% in Q2 2026 per TITN's latest filing, from 59.35% in the prior quarter.
- Over five years, Tax Rate peaked at 57.34% in Q4 2025 and troughed at 522.91% in Q4 2024.
- A 5-year average of 11.19% and a median of 24.62% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 54827 bps in 2024, then soared 58025 bps in 2025.
- Over 5 years, Tax Rate stood at 24.55% in 2022, then advanced by 3 bps to 25.36% in 2023, then slumped by 2162 bps to 522.91% in 2024, then soared by 111 bps to 57.34% in 2025, then plunged by 102 bps to 1.13% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 1.13%, 59.35%, and 57.34% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.64 Bn | 61.05 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 56.26 Bn | 56.06 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.16 Bn | 42.34 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.47 Bn | 15.67 Bn | 1.46 Bn | 22.94% |
| 5 | Watsco | 12.01 Bn | 11.54 Bn | 578.93 Mn | 20.91% |
| 6 | Applied Industrial Technologies | 11.99 Bn | 11.86 Bn | 411.22 Mn | 24.84% |
| 7 | Core & Main | 8.31 Bn | 8.16 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.66 Bn | 6.62 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.56 Bn | 6.49 Bn | 430.41 Mn | 24.50% |
| 10 | Titan Machinery | 517.19 Mn | 517.19 Mn | 89.28 Mn | -1.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -1.13% |
| Jan 31, 2026 | -59.35% |
| Oct 31, 2025 | 57.34% |
| Jul 31, 2025 | 27.15% |
| Apr 30, 2025 | 23.60% |
| Jan 31, 2025 | 25.57% |
| Oct 31, 2024 | -522.91% |
| Jul 31, 2024 | -1.27% |
| 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% |