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 -67.57% in fiscal Q1 2025 and a high of 46.92% in fiscal Q3 2023.
- Year over year, Tax Rate gained in seven of the last eight quarters, with an average year-over-year change of +12.43 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q1 2026 (a gain of 78.46 percentage points); the low point was fiscal Q1 2025 (a drop of 85.17 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 | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 26.70% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | - |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 12.60% |
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();