Concentrix (CNXC) Tax Rate (2020 - 2026)
Concentrix (CNXC) recorded Tax Rate of 20.44% in fiscal Q2 2026 (quarter ended May 31, 2026), up 1.82 percentage points from 18.62% a year earlier but down 4.42 percentage points from the prior quarter.
Concentrix (CNXC) Tax Rate (2020 - 2026) Analysis & Trends
On a TTM basis, Concentrix's Tax Rate came in at -6.30% as of May 31, 2026, down 22.47 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at -8.18%, down 24.24 percentage points from FY2024.
- Annual Tax Rate has declined for three straight fiscal years, with a five-year change of -46.66 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 16.06% in FY2024 (-7.06 pp), 23.12% in FY2023 (-4.87 pp), 27.99% in FY2022 (+0.98 pp) and 27.01% in FY2021 (-11.46 pp).
- Quarterly Tax Rate has ranged from -2.43% in fiscal Q4 2024 to 37.04% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -3.13 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 15.56 percentage points in fiscal Q4 2022, against a drop of 25.56 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 24.86% (Q1 2026), -2.30% (Q4 2025) and 20.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 21.20% |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 24.16% |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 24.85% |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Concentrix | 1.52 Bn | 362.66 Mn | 823.35 Mn | 20.44% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 20.44% |
| Feb 28, 2026 | 24.86% |
| Aug 31, 2025 | 20.94% |
| May 31, 2025 | 18.62% |
| Feb 28, 2025 | 30.30% |
| Aug 31, 2024 | 37.04% |
| May 31, 2024 | 23.29% |
| Feb 29, 2024 | 28.45% |
| Nov 30, 2023 | 9.89% |
| Aug 31, 2023 | 27.31% |
| May 31, 2023 | 25.59% |
| Feb 28, 2023 | 25.75% |
| Nov 30, 2022 | 35.45% |
| Aug 31, 2022 | 28.28% |
| May 31, 2022 | 22.84% |
| Feb 28, 2022 | 24.59% |
| Nov 30, 2021 | 19.89% |
| Aug 31, 2021 | 27.97% |
| May 31, 2021 | 33.69% |
| Feb 28, 2021 | 28.02% |
Concentrix 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=CNXC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNXC", "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=CNXC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();