Daqo New Energy (DQ) Tax Rate (2009 - 2026)
Daqo New Energy's (DQ) quarterly Tax Rate came in at 23.71% in Q2 2026, up 3136.0% year-over-year from 0.73% in Q2 2025, and up 257.02% quarter-over-quarter from 15.1% in Q1 2026.
Powered by 
Analysis
Daqo New Energy (DQ) Tax Rate (2009 - 2026) Analysis & Trends
Daqo New Energy has disclosed Tax Rate across 17 years of filings, most recently posting 23.71% for Q2 2026.
- In Q2 2026, Tax Rate rose 3136.0% year-over-year to 23.71%; the TTM figure through Jun 2026 stood at 0.27% (up 1351.0% YoY), while the FY2025 annual figure was 8.87%, up 462.0% from the prior year.
- Tax Rate came in at 23.71% for Q2 2026 at Daqo New Energy, up from 15.1% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.89% in Q3 2025 to a low of 54.58% in Q3 2023.
- Average Tax Rate over 5 years is 15.49%, with a median of 16.58% recorded in 2022.
- Year-over-year, Tax Rate tumbled 3244 bps in 2023 and soared 4108 bps in 2024.
- Over 5 years, Tax Rate stood at 23.41% in 2022, then grew by 19 bps to 19.01% in 2023, then gained by 11 bps to 16.86% in 2024, then slumped by 57 bps to 26.45% in 2025, then surged by 190 bps to 23.71% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 23.71% in Q2 2026, 15.1% in Q1 2026, and 26.45% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 29.21% |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 19.82% |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 7.75% |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | -29.95% |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | -27,300.00% |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 450.00% |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | - |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 28.16% |
| 10 | Daqo New Energy | 782.96 Mn | -22.35 Mn | -82.71 Mn | 23.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.71% |
| Mar 31, 2026 | -15.10% |
| Dec 31, 2025 | -26.45% |
| Sep 30, 2025 | 24.89% |
| Jun 30, 2025 | -7.65% |
| Mar 31, 2025 | -11.69% |
| Dec 31, 2024 | -16.86% |
| Sep 30, 2024 | -13.50% |
| Jun 30, 2024 | -12.85% |
| Mar 31, 2024 | -33.77% |
| Dec 31, 2023 | -19.01% |
| Sep 30, 2023 | -54.58% |
| Jun 30, 2023 | -21.62% |
| Mar 31, 2023 | -17.04% |
| Dec 31, 2022 | -23.41% |
| Sep 30, 2022 | -22.14% |
| Jun 30, 2022 | -15.53% |
| Mar 31, 2022 | -16.30% |
| Dec 31, 2021 | -21.97% |
| Sep 30, 2021 | -14.86% |