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.
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Analysis
Concentrix (CNXC) Tax Rate (2020 - 2026) Analysis & Trends
For FY2024 (ended Nov 30, 2024), Concentrix reported Tax Rate of 16.06%, down 7.06 percentage points from FY2023.
- Annual Tax Rate has a five-year change of -26.63 percentage points (FY2019 to FY2024).
- Across earlier fiscal years, Tax Rate came in at 23.12% in FY2023 (-4.87 pp), 27.99% in FY2022 (+0.98 pp), 27.01% in FY2021 (-11.46 pp) and 38.48% in FY2020 (-4.20 pp).
- Quarterly Tax Rate has ranged from 9.89% in fiscal Q4 2023 to 37.04% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last six quarters, with an average year-over-year change of -2.14 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 147.80 Bn | 107.08 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 88.17 Bn | 87.25 Bn | 1.55 Bn | 20.02% |
| 3 | Iron Mountain | 34.25 Bn | 33.44 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 17.39 Bn | 14.43 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 16.15 Bn | 15.70 Bn | 569.95 Mn | 24.16% |
| 6 | UL Solutions | 14.99 Bn | 13.75 Bn | 417.00 Mn | 24.85% |
| 7 | Aramark | 14.70 Bn | 12.64 Bn | 430.34 Mn | 27.92% |
| 8 | Gartner | 14.61 Bn | 8.30 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 10.62 Bn | 4.14 Bn | - | - |
| 10 | Concentrix | 1.83 Bn | 784.61 Mn | 848.88 Mn | - |
Historic Data
Download Data
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% |
API Access
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();