Trimas (TRS) Tax Rate (2010 - 2026)
Trimas' Tax Rate came in at 2137.80% for Q1 2026, up 2110.77 percentage points from 27.03% a year earlier.
Analysis
Trimas (TRS) Tax Rate (2010 - 2026) Analysis & Trends
For FY2023, Trimas' Tax Rate was 17.60%, down 6.92 percentage points from FY2022.
- Tax Rate carries a five-year change of -2.59 percentage points (FY2018 to FY2023).
- Going back by year, Tax Rate was 24.52% in FY2022 (+7.45 pp), 17.07% in FY2021 and 20.85% in FY2019 (+0.66 pp).
- The Q1 2026 figure represents the highest quarterly Tax Rate in data going back to Q2 2010.
- Year-over-year, Tax Rate increased in three of the last six quarters, with an average year-over-year change of +350.99 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 2024 (a drop of 18.53 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | 13.73% |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 17.96% |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | - |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 15.06% |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | 17.29% |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 24.19% |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 21.36% |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 13.41% |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | 6.09% |
| 10 | Trimas | 1.39 Bn | -1.23 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_KEY
import 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();