Bel Fuse (BELFA) Tax Rate (2010 - 2026)
Bel Fuse's Tax Rate came in at 10.02% for Q2 2026, down 10.47 percentage points from 20.49% a year earlier and down 5.76 percentage points from the prior quarter.
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Analysis
Bel Fuse (BELFA) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Bel Fuse reported Tax Rate of 16.28%, down 5.32 percentage points year-over-year; for FY2025, it was 22.03%, up 1.62 percentage points from FY2024.
- Tax Rate has increased in each of the last six years, with a five-year change of +27.46 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 20.41% in FY2024 (+9.04 pp), 11.37% in FY2023 (+0.58 pp), 10.79% in FY2022 (+1.62 pp) and 9.17% in FY2021 (+14.60 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q2 2023.
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +1.13 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 37.09 percentage points), and the weakest in Q2 2026 (a drop of 10.47 percentage points).
- Business Quant data shows BELFA's Tax Rate at 15.78% (Q1 2026), 32.65% (Q4 2025) and 19.46% (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 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 26.70% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.60% |
| 10 | Bel Fuse | 2.47 Bn | 2.09 Bn | 83.97 Mn | 10.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.02% |
| Mar 31, 2026 | 15.78% |
| Dec 31, 2025 | 32.65% |
| Sep 30, 2025 | 19.46% |
| Jun 30, 2025 | 20.49% |
| Mar 31, 2025 | 22.97% |
| Dec 31, 2024 | 12.90% |
| Sep 30, 2024 | 27.78% |
| Jun 30, 2024 | 17.82% |
| Mar 31, 2024 | 22.00% |
| Dec 31, 2023 | 10.85% |
| Sep 30, 2023 | 18.18% |
| Mar 31, 2023 | 22.22% |
| Dec 31, 2022 | 19.55% |
| Sep 30, 2022 | 20.01% |
| Mar 31, 2022 | 23.60% |
| Dec 31, 2021 | 19.28% |
| Sep 30, 2021 | 20.15% |
| Mar 31, 2021 | 23.80% |
| Dec 31, 2020 | 17.90% |
API Access
Bel Fuse 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=BELFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BELFA", "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=BELFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();