Trimas (TRS) Tax Rate (2010 - 2026)
Trimas' Tax Rate came in at -272.27% for Q2 2026, down 294.78 percentage points from 22.51% a year earlier and down 2410.07 percentage points from the prior quarter.
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Analysis
Trimas (TRS) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Trimas reported Tax Rate of -994.96%, down 1019.88 percentage points year-over-year; for FY2025, it came in at -198.06%, down 251.41 percentage points from FY2024.
- Tax Rate carries a five-year change of -220.41 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 53.35% in FY2024 (+35.75 pp), 17.60% in FY2023 (-6.92 pp), 24.52% in FY2022 (+7.45 pp) and 17.07% in FY2021 (-5.27 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate in data going back to Q2 2010.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +249.89 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2026 (a gain of 2110.77 percentage points), and the weakest in Q2 2026 (a drop of 294.78 percentage points).
- Business Quant data shows TRS's Tax Rate at 2137.80% (Q1 2026), 223.79% (Q4 2025) and 23.27% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 20.96% |
| 10 | Trimas | 1.41 Bn | -1.20 Bn | 35.34 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2,137.80% |
| Sep 30, 2025 | 23.27% |
| Jun 30, 2025 | 22.51% |
| Mar 31, 2025 | 27.03% |
| Sep 30, 2024 | 26.55% |
| Jun 30, 2024 | 13.65% |
| Mar 31, 2024 | 29.21% |
| Sep 30, 2023 | 16.25% |
| Jun 30, 2023 | 32.18% |
| Mar 31, 2023 | 21.06% |
| Dec 31, 2022 | 23.26% |
| Sep 30, 2022 | 27.08% |
| Jun 30, 2022 | 25.45% |
| Mar 31, 2022 | 22.31% |
| Dec 31, 2021 | 8.69% |
| Sep 30, 2021 | 27.01% |
| Mar 31, 2021 | 20.51% |
| Mar 31, 2020 | 18.86% |
| Dec 31, 2019 | 21.14% |
| Sep 30, 2019 | 26.20% |
API Access
Trimas 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=TRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TRS", "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=TRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();