FGI Industries (FGIWW) Tax Rate (2021 - 2026)
FGI Industries (FGIWW) reported Tax Rate of 2.21% for Q1 2026, down 97.0% on a YoY basis from 73.55% in Q1 2025, and up 47.39% quarter-over-quarter from 4.19% in Q4 2025.
FGI Industries (FGIWW) Tax Rate (2021 - 2026) Analysis & Trends
FGI Industries has reported Tax Rate for 6 years, with the latest figure at 2.21% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 97.0% year-over-year to 2.21%; the trailing twelve-month figure through Mar 2026 stood at 2.41% (up 756.0% YoY), and the FY2025 full-year result was 7.66%, up 3392.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.21%, up from 4.19% in the prior quarter.
- The five-year high for Tax Rate was 92.72% in Q2 2024, with the low at 345.02% in Q3 2025.
- Historically, Tax Rate has averaged 13.17% across 5 years, with a median of 0.2% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate surged 5752 bps — and 2025, when it sank 22462 bps.
- FGI Industries' Tax Rate stood at 7.38% in 2022, then surged by 370 bps to 19.92% in 2023, then slumped by 145 bps to 9.04% in 2024, then jumped by 54 bps to 4.19% in 2025, then soared by 47 bps to 2.21% in 2026.
- The last three Tax Rate figures came in at 2.21% (Q1 2026), 4.19% (Q4 2025), and 345.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.19 Bn | 18.19 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 14.95 Bn | 14.85 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.57 Bn | 5.70 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 5.19 Bn | 5.03 Bn | 157.19 Mn | 21.37% |
| 5 | Whirlpool | 2.47 Bn | 1.83 Bn | 415.00 Mn | -27.45% |
| 6 | Hni | 2.38 Bn | 2.30 Bn | 499.90 Mn | 30.22% |
| 7 | Interface | 1.82 Bn | 1.76 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.54 Bn | 1.24 Bn | 233.51 Mn | 31.34% |
| 9 | Leggett & Platt | 1.46 Bn | 949.86 Mn | 170.70 Mn | 37.30% |
| 10 | FGI Industries | - | - | 8.16 Mn | -2.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.21% |
| Mar 31, 2026 | -2.21% |
| Dec 31, 2025 | -4.19% |
| Dec 31, 2025 | -4.19% |
| Sep 30, 2025 | -345.02% |
| Sep 30, 2025 | -345.02% |
| Jun 30, 2025 | 13.59% |
| Jun 30, 2025 | 13.59% |
| Mar 31, 2025 | -1.23% |
| Mar 31, 2025 | -1.23% |
| Dec 31, 2024 | -9.04% |
| Dec 31, 2024 | -9.04% |
| Sep 30, 2024 | -120.40% |
| Sep 30, 2024 | -120.40% |
| Jun 30, 2024 | 92.72% |
| Jun 30, 2024 | 92.72% |
| Mar 31, 2024 | -4.32% |
| Mar 31, 2024 | -4.32% |
| Dec 31, 2023 | 19.92% |
| Dec 31, 2023 | 19.92% |