New Oriental Education & Technology (EDU) Tax Rate (2009 - 2026)
New Oriental Education & Technology's (EDU) quarterly Tax Rate came in at 29.58% in Q2 2026, down 3014.0% YoY from 1.02% in Q2 2025, and down 768.66% on a QoQ basis from 4.42% in Q1 2026.
New Oriental Education & Technology (EDU) Tax Rate (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (EDU) has 18 years of Tax Rate data on file, last reported at 29.58% in Q2 2026.
- Quarterly Tax Rate fell 3014.0% year-over-year to 29.58% in Q2 2026, while the trailing twelve-month figure through May 2026 was 6.87% (up 192.0% YoY) and the FY2026 annual result came in at 10.19%, up 3746.0% from the prior year.
- Tax Rate retreated to 29.58% in Q2 2026, from 4.42% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 158.44% in Q4 2022 to a low of 41.82% in Q4 2023.
- A 5-year average of 6.94% and a median of 3.96% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 14609 bps — and 2023, when it slumped 20026 bps.
- Tracing EDU's Tax Rate over 5 years: stood at 158.44% in 2022, then tumbled by 126 bps to 41.82% in 2023, then soared by 107 bps to 3.05% in 2024, then surged by 63 bps to 4.99% in 2025, then tumbled by 693 bps to 29.58% in 2026.
- The last three Tax Rate figures came in at 29.58% (Q2 2026), 4.42% (Q1 2026), and 4.99% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | -29.58% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 26.65% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 37.33% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 11.06% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 18.37% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 24.65% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 21.88% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 4.69% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | -115.72% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -29.58% |
| May 31, 2026 | -29.58% |
| May 31, 2026 | -29.58% |
| Feb 28, 2026 | 4.42% |
| Feb 28, 2026 | 4.42% |
| Feb 28, 2026 | 4.42% |
| Nov 30, 2025 | 4.99% |
| Nov 30, 2025 | 4.99% |
| Nov 30, 2025 | 4.99% |
| Aug 31, 2025 | 7.55% |
| Aug 31, 2025 | 7.55% |
| Aug 31, 2025 | 7.55% |
| May 31, 2025 | 0.56% |
| May 31, 2025 | 0.56% |
| May 31, 2025 | 0.56% |
| Feb 28, 2025 | 4.97% |
| Feb 28, 2025 | 4.97% |
| Feb 28, 2025 | 4.97% |
| Nov 30, 2024 | 3.05% |
| Nov 30, 2024 | 3.05% |