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
DateValue
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%