Coda Octopus (CODA) Tax Rate (2018 - 2026)
Coda Octopus (CODA) recorded Tax Rate of 22.43% in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 5.53 percentage points from 16.89% a year earlier and up 2.00 percentage points from the prior quarter.
Coda Octopus (CODA) Tax Rate (2018 - 2026) Analysis & Trends
On a TTM basis, Coda Octopus' Tax Rate came in at 26.69% as of Jul 31, 2026, up 6.48 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 25.08%, up 4.14 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +23.37 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 20.93% in FY2024 (+12.25 pp), 8.68% in FY2023 (-7.51 pp), 16.19% in FY2022 (+10.38 pp) and 5.82% in FY2021 (+4.10 pp).
- Quarterly Tax Rate has ranged from -593.48% in fiscal Q4 2023 to 90.99% in fiscal Q4 2021 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +80.59 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 634.80 percentage points in fiscal Q4 2024, against a drop of 632.32 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 20.43% (Q2 2026), 21.58% (Q1 2026) and 42.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 20.96% |
| 10 | Coda Octopus | 121.04 Mn | -5.21 Mn | 5.05 Mn | 22.43% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.43% |
| Apr 30, 2026 | 20.43% |
| Jan 31, 2026 | 21.58% |
| Oct 31, 2025 | 42.01% |
| Jul 31, 2025 | 16.89% |
| Apr 30, 2025 | 28.20% |
| Jan 31, 2025 | 2.34% |
| Oct 31, 2024 | 41.32% |
| Jul 31, 2024 | 21.86% |
| Apr 30, 2024 | 13.77% |
| Jan 31, 2024 | 19.55% |
| Jul 31, 2023 | 3.56% |
| Apr 30, 2023 | 1.95% |
| Oct 31, 2022 | 38.84% |
| Jul 31, 2022 | 13.45% |
| Jan 31, 2022 | 15.74% |
| Oct 31, 2021 | 90.99% |
| Jul 31, 2020 | 21.83% |
| Jan 31, 2020 | 6.97% |
| Jul 31, 2019 | 16.49% |
Coda Octopus 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=CODA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CODA", "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=CODA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();