Trimble (TRMB) Tax Rate (2009 - 2026)
Trimble (TRMB) posted quarterly Tax Rate of 24.68% for Q2 2026, up 188.0% year-over-year from 8.57% in Q2 2025, and up 62.69% quarter-over-quarter from 15.17% in Q1 2026.
Trimble (TRMB) Tax Rate (2009 - 2026) Analysis & Trends
Trimble (TRMB) has reported Tax Rate for 18 consecutive years, with 24.68% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 188.0% year-over-year to 24.68%; the TTM figure through Apr 2026 stood at 17.7% (down 733.0% YoY), while the FY2026 annual figure was 16.76%, down 824.0% from the prior year.
- Tax Rate climbed to 24.68% in Q2 2026 per TRMB's latest filing, from 15.17% in the prior quarter.
- Across five years, Tax Rate topped out at 44.46% in Q3 2024 and bottomed at 5.88% in Q4 2023.
- Historically, Tax Rate has averaged 18.46% across 5 years, with a median of 21.27% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate soared 3879 bps — and 2025, when it tumbled 3359 bps.
- Trimble's Tax Rate stood at 6.04% in 2022, then plunged by 197 bps to 5.88% in 2023, then surged by 856 bps to 44.46% in 2024, then plunged by 76 bps to 10.87% in 2025, then soared by 127 bps to 24.68% in 2026.
- Business Quant data shows TRMB's Tax Rate at 24.68% in Q2 2026, 15.17% in Q1 2026, and 10.87% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 16.76% |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 16.51% |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 15.19% |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 21.66% |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 17.84% |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 12.37% |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | -6.05% |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 18.53% |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 20.07% |
| 10 | Sensata Technologies Holding | 6.22 Bn | 5.82 Bn | 301.80 Mn | 22.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | -6.05% |
| Jul 3, 2026 | -6.05% |
| Jul 3, 2026 | -6.05% |
| Apr 3, 2026 | 24.68% |
| Apr 3, 2026 | 24.68% |
| Apr 3, 2026 | 24.68% |
| Jan 2, 2026 | 15.17% |
| Jan 2, 2026 | 15.17% |
| Jan 2, 2026 | 15.17% |
| Oct 3, 2025 | 10.87% |
| Oct 3, 2025 | 10.87% |
| Oct 3, 2025 | 10.87% |
| Jul 4, 2025 | 21.27% |
| Jul 4, 2025 | 21.27% |
| Jul 4, 2025 | 21.27% |
| Apr 4, 2025 | 22.80% |
| Apr 4, 2025 | 22.80% |
| Apr 4, 2025 | 22.80% |
| Jan 3, 2025 | 7.77% |
| Jan 3, 2025 | 7.77% |