FGI Industries (FGI) Tax Rate (2021 - 2026)
FGI Industries (FGI) recorded Tax Rate of 11.14% in Q2 2026, down 2.45 percentage points from 13.59% a year earlier but up 13.34 percentage points from the prior quarter.
FGI Industries (FGI) Tax Rate (2021 - 2026) Analysis & Trends
On a TTM basis, FGI Industries' Tax Rate came in at -370.09% as of Jun 30, 2026, down 396.86 percentage points year-over-year; for FY2025, it was -64.22%, down 88.22 percentage points from FY2024.
- Annual Tax Rate has a four-year change of -75.06 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 24.01% in FY2024 (-34.23 pp), 58.24% in FY2023 (+39.28 pp), 18.95% in FY2022 (+8.11 pp) and 10.84% in FY2021.
- Quarterly Tax Rate has ranged from -2745.26% in Q3 2025 to 92.72% in Q2 2024 over the past five years.
- On a year-over-year basis, Tax Rate has declined for five consecutive quarters, with an average year-over-year change of -383.70 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 56.67 percentage points in Q4 2022, against a drop of 2683.15 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -2.21% (Q1 2026), -163.75% (Q4 2025) and -2745.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.06 Bn | 96.80 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 94.64 Bn | 92.40 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 60.88 Bn | 56.13 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 45.43 Bn | 40.06 Bn | 1.94 Bn | 24.97% |
| 5 | Otis Worldwide | 24.39 Bn | 20.99 Bn | 1.14 Bn | 17.92% |
| 6 | James Hardie Industries | 14.50 Bn | 13.23 Bn | 548.70 Mn | 33.69% |
| 7 | Masco | 13.48 Bn | 11.58 Bn | 868.00 Mn | 24.32% |
| 8 | Allegion | 13.12 Bn | 11.83 Bn | 517.50 Mn | 19.00% |
| 9 | Carlisle Companies | 13.11 Bn | 9.46 Bn | 568.40 Mn | 22.77% |
| 10 | FGI Industries | 14.99 Mn | 12.97 Mn | 10.66 Mn | 11.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.14% |
| Dec 31, 2023 | 47.72% |
| Sep 30, 2023 | 33.43% |
| Jun 30, 2023 | 68.39% |
| Dec 31, 2022 | 5.15% |
| Sep 30, 2022 | 19.55% |
| Jun 30, 2022 | 24.77% |
| Mar 31, 2022 | 19.41% |
| Sep 30, 2021 | 14.24% |
| Jun 30, 2021 | 20.03% |
| Mar 31, 2021 | 13.33% |
FGI Industries 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=FGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FGI", "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=FGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();