Coda Octopus (CODA) Tax Rate (2017 - 2026)
Coda Octopus (CODA) posted quarterly Tax Rate of 20.26% for Q2 2026, down 935.0% year-over-year from 2.43% in Q2 2025, and down 8.67% on a QoQ basis from 22.18% in Q1 2026.
Coda Octopus (CODA) Tax Rate (2017 - 2026) Analysis & Trends
Coda Octopus (CODA) has reported Tax Rate for 10 consecutive years, with 20.26% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 935.0% year-over-year to 20.26%; the TTM figure through Apr 2026 stood at 21.44% (down 673.0% YoY), while the FY2025 annual figure was 20.86%, down 7.0% from the prior year.
- Tax Rate came in at 20.26% for Q2 2026 at Coda Octopus, down from 22.18% in the prior quarter.
- The five-year high for Tax Rate was 86.82% in Q4 2024, with the low at 281.32% in Q4 2023.
- Average Tax Rate over 5 years is 3.08%, with a median of 15.87% recorded in 2022.
- Across the five-year window, Tax Rate tumbled 23723 bps in 2023 and soared 36814 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 44.09% in 2022, then sank by 538 bps to 281.32% in 2023, then jumped by 131 bps to 86.82% in 2024, then plunged by 70 bps to 25.87% in 2025, then dropped by 22 bps to 20.26% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.26%, 22.18%, and 25.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 126.92% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 14.40% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 17.82% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 16.12% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 18.08% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 23.43% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 15.05% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 3.83% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 13.07% |
| 10 | Coda Octopus | 108.58 Mn | 77.89 Mn | 4.58 Mn | 20.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 20.26% |
| Apr 30, 2026 | 20.26% |
| Jan 31, 2026 | 22.18% |
| Jan 31, 2026 | 22.18% |
| Oct 31, 2025 | 25.87% |
| Oct 31, 2025 | 25.87% |
| Jul 31, 2025 | 17.41% |
| Jul 31, 2025 | 17.41% |
| Apr 30, 2025 | 29.61% |
| Apr 30, 2025 | 29.61% |
| Jan 31, 2025 | 2.34% |
| Jan 31, 2025 | 2.34% |
| Oct 31, 2024 | 86.82% |
| Oct 31, 2024 | 86.82% |
| Jul 31, 2024 | 21.86% |
| Jul 31, 2024 | 21.86% |
| Apr 30, 2024 | 11.64% |
| Apr 30, 2024 | 11.64% |
| Jan 31, 2024 | 19.55% |
| Jan 31, 2024 | 19.55% |