Daqo New Energy (DQ) Tax Rate (2009 - 2018)
Daqo New Energy's Tax Rate came in at 23.71% for Q2 2026, up 31.36 percentage points from -7.65% a year earlier and up 38.82 percentage points from the prior quarter.
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Analysis
Daqo New Energy (DQ) Tax Rate (2009 - 2018) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Daqo New Energy reported Tax Rate of -0.27%, up 13.51 percentage points year-over-year; for FY2025, it was -8.87%, up 4.62 percentage points from FY2024.
- Tax Rate carries a five-year change of +8.51 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -13.49% in FY2024 (+6.74 pp), -20.23% in FY2023 (-1.35 pp), -18.88% in FY2022 (-2.45 pp) and -16.44% in FY2021 (+0.95 pp).
- The five-year range for quarterly Tax Rate is -54.58% (Q3 2023) to 24.89% (Q3 2025).
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +15.91 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 41.08 percentage points), and the weakest in Q3 2023 (a drop of 32.44 percentage points).
- Business Quant data shows DQ's Tax Rate at -15.10% (Q1 2026), -26.45% (Q4 2025) and 24.89% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.22 Bn | 213.80 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 116.35 Bn | 108.92 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 82.25 Bn | 81.29 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 67.64 Bn | 62.82 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 40.68 Bn | 30.19 Bn | 2.04 Bn | 29.21% |
| 6 | Nutrien | 32.92 Bn | 29.75 Bn | 3.25 Bn | 21.50% |
| 7 | Qnity Electronics | 25.33 Bn | 22.47 Bn | 666.00 Mn | 31.66% |
| 8 | Ati | 24.91 Bn | 22.93 Bn | 309.80 Mn | 20.01% |
| 9 | Ppg Industries | 24.51 Bn | 17.16 Bn | 1.81 Bn | 22.32% |
| 10 | Daqo New Energy | 693.04 Mn | -3.77 Bn | -82.71 Mn | - |
API Access
Daqo New Energy 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=DQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DQ", "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=DQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();