B&G Foods (BGS) Tax Rate (2010 - 2026)
B&G Foods (BGS) posted Tax Rate of 28.1% for Q2 2026, up 12.08% sequentially from 25.07% in Q1 2026, and down 18105.0% YoY from N/an in Q2 2025.
B&G Foods (BGS) Tax Rate (2010 - 2026) Analysis & Trends
B&G Foods has reported Tax Rate for 13 years, with the latest figure at 28.1% in Q2 2026.
- Quarterly Tax Rate fell 18105.0% year-over-year to 28.1% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 26.58% (up 12476.0% YoY) and the FY2026 annual result came in at 10.9%, up 41845.0% from the prior year.
- Tax Rate improved to 28.1% in Q2 2026 per BGS's latest filing, from 25.07% in the prior quarter.
- Over five years, Tax Rate peaked at 1141.54% in Q4 2023 and troughed at 135.94% in Q4 2024.
- A 5-year average of 107.25% and a median of 26.29% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 103336 bps in 2023, then plunged 127748 bps in 2024.
- Over 5 years, Tax Rate stood at 108.18% in 2022, then jumped by 955 bps to 1141.54% in 2023, then tumbled by 112 bps to 135.94% in 2024, then soared by 117 bps to 23.64% in 2025, then gained by 19 bps to 28.1% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.1%, 25.07%, and 23.64% for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | B&G Foods | 270.38 Mn | -321.20 Mn | 79.64 Mn | -67.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | -67.21% |
| Jul 4, 2026 | -67.21% |
| Jul 4, 2026 | -67.21% |
| Apr 4, 2026 | 28.10% |
| Apr 4, 2026 | 28.10% |
| Apr 4, 2026 | 28.10% |
| Jan 3, 2026 | 25.07% |
| Jan 3, 2026 | 25.07% |
| Jan 3, 2026 | 25.07% |
| Sep 27, 2025 | 23.64% |
| Sep 27, 2025 | 23.64% |
| Sep 27, 2025 | 23.64% |
| Jun 28, 2025 | 22.14% |
| Jun 28, 2025 | 22.14% |
| Jun 28, 2025 | 22.14% |
| Mar 29, 2025 | 209.15% |
| Mar 29, 2025 | 209.15% |
| Mar 29, 2025 | 209.15% |
| Dec 28, 2024 | -135.94% |
| Dec 28, 2024 | -135.94% |