Dell Technologies (DELL) Tax Rate (2020 - 2026)
Dell Technologies (DELL) reported Tax Rate of 19.45% for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.28 percentage points from 19.17% a year earlier and up 6.53 percentage points from the prior quarter.
Dell Technologies (DELL) Tax Rate (2020 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Dell Technologies' Tax Rate came in at 17.66%, down 1.01 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 18.27%, up 8.92 percentage points from FY2025.
- Tax Rate has a five-year change of +13.97 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 9.35% in FY2025 (-8.14 pp), 17.49% in FY2024 (-7.40 pp), 24.90% in FY2023 (+8.34 pp) and 16.56% in FY2022 (+12.26 pp).
- Five-year quarterly Tax Rate spans a low of 10.12% in fiscal Q4 2024 and a high of 46.92% in fiscal Q3 2023.
- Year over year, Tax Rate gained in six of the last seven quarters, with an average year-over-year change of +2.99 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2023 (a gain of 27.91 percentage points); the low point was fiscal Q3 2024 (a drop of 32.07 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 12.92% (Q1 2027), 19.29% (Q4 2026) and 20.25% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 15.01% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 18.54% |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 19.45% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 26.69% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 13.07% |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 11.15% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 12.71% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 12.60% |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 18.07% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 19.45% |
| May 1, 2026 | 12.92% |
| Jan 30, 2026 | 19.29% |
| Oct 31, 2025 | 20.25% |
| Aug 1, 2025 | 19.17% |
| May 2, 2025 | 10.90% |
| Jan 31, 2025 | 22.31% |
| Nov 1, 2024 | 19.03% |
| Aug 2, 2024 | 15.11% |
| Feb 2, 2024 | 10.12% |
| Nov 3, 2023 | 14.84% |
| Aug 4, 2023 | 35.13% |
| May 5, 2023 | 17.60% |
| Feb 3, 2023 | 34.34% |
| Oct 28, 2022 | 46.92% |
| Jul 29, 2022 | 20.31% |
| Apr 29, 2022 | 11.87% |
| Oct 29, 2021 | 19.00% |
| Jul 30, 2021 | 13.24% |
| Apr 30, 2021 | 5.72% |
Dell Technologies 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=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DELL", "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=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();