Bassett Furniture Industries (BSET) Tax Rate (2010 - 2026)
Bassett Furniture Industries' (BSET) quarterly Tax Rate came in at 26.55% in Q2 2026, up 43.0% year-over-year from 18.57% in Q2 2025, and little changed quarter-over-quarter from 26.48% in Q1 2026.
Analysis
Bassett Furniture Industries (BSET) Tax Rate (2010 - 2026) Analysis & Trends
Bassett Furniture Industries (BSET) has reported Tax Rate for 17 consecutive years, with 26.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 43.0% year-over-year to 26.55% in Q2 2026; TTM through May 2026 was 30.62%, a 34452.0% increase from a year earlier, with the FY2025 full-year figure at 30.37%, down 217.0% from the prior year.
- Tax Rate was 26.55% for Q2 2026 at Bassett Furniture Industries, roughly flat from 26.48% in the prior quarter.
- Over five years, Tax Rate peaked at 39.26% in Q4 2025 and troughed at 162.62% in Q4 2024.
- A 5-year average of 13.96% and a median of 26.3% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 16330 bps in 2024 and soared 20188 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 28.35% in 2022, then tumbled by 98 bps to 0.68% in 2023, then plunged by 24081 bps to 162.62% in 2024, then soared by 124 bps to 39.26% in 2025, then plunged by 32 bps to 26.55% in 2026.
- The last three Tax Rate figures came in at 26.55% (Q2 2026), 26.48% (Q1 2026), and 39.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 13.90 Bn | 13.79 Bn | 817.20 Mn | 25.17% |
| 2 | Hni | 3.37 Bn | 3.26 Bn | 647.20 Mn | 28.23% |
| 3 | Millerknoll | 1.45 Bn | 1.29 Bn | 395.60 Mn | 31.48% |
| 4 | La-Z-Boy | 1.24 Bn | 970.79 Mn | 208.66 Mn | 45.81% |
| 5 | Arhaus | 1.15 Bn | 924.43 Mn | 172.07 Mn | 28.40% |
| 6 | MasterBrand | 1.14 Bn | 895.81 Mn | 205.50 Mn | -18.76% |
| 7 | Ethan Allen Interiors | 548.32 Mn | 343.84 Mn | 92.62 Mn | 24.76% |
| 8 | XMax | 519.12 Mn | 483.40 Mn | 1.09 Mn | 19.41% |
| 9 | Flexsteel Industries | 428.55 Mn | 411.87 Mn | 34.62 Mn | 22.98% |
| 10 | Bassett Furniture Industries | 156.21 Mn | 102.32 Mn | 47.35 Mn | 26.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 30, 2026 | 26.55% |
| Feb 28, 2026 | 26.48% |
| Nov 29, 2025 | 39.26% |
| Aug 30, 2025 | 26.85% |
| May 31, 2025 | 26.12% |
| Mar 1, 2025 | 27.44% |
| Nov 30, 2024 | -162.62% |
| Aug 31, 2024 | 21.98% |
| Jun 1, 2024 | 11.22% |
| Mar 2, 2024 | 30.03% |
| Nov 25, 2023 | 0.68% |
| Aug 26, 2023 | 18.78% |
| May 27, 2023 | 18.40% |
| Feb 25, 2023 | 36.82% |
| Nov 26, 2022 | 28.35% |
| Aug 27, 2022 | 22.87% |
| May 28, 2022 | 25.44% |
| Feb 26, 2022 | 26.64% |
| Nov 27, 2021 | 21.08% |
| Aug 28, 2021 | 26.91% |