Growth Metrics

Transcat (TRNS) Tax Rate (2016 - 2025)

Transcat's Tax Rate history spans 11 years, with the latest figure at 11.5% for Q3 2024.

  • For Q3 2024, Tax Rate changed N/A year-over-year to 11.5%; the TTM value through Sep 2024 reached 93.03%, changed N/A, while the annual FY2025 figure was 97.83%, 12540.0% down from the prior year.
  • Tax Rate for Q3 2024 was 11.5% at Transcat, up from 67.89% in the prior quarter.
  • Across five years, Tax Rate topped out at 26.69% in Q3 2020 and bottomed at 67.89% in Q1 2024.
  • The 5-year median for Tax Rate is 9.83% (2021), against an average of 1.72%.
  • The largest annual shift saw Tax Rate skyrocketed 1646bps in 2022 before it crashed -4478bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 7.49% in 2020, then rose by 17bps to 8.75% in 2021, then surged by 181bps to 24.62% in 2022, then dropped by -12bps to 21.61% in 2023, then tumbled by -47bps to 11.5% in 2024.
  • Per Business Quant, the three most recent readings for TRNS's Tax Rate are 11.5% (Q3 2024), 67.89% (Q1 2024), and 21.61% (Q4 2023).