Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)
Flexsteel Industries (FLXS) reported Tax Rate of 24.91% for Q1 2026, up 38.0% on a YoY basis from 18.05% in Q1 2025, and down 13.93% sequentially from 28.94% in Q4 2025.
Flexsteel Industries (FLXS) Tax Rate (2010 - 2026) Analysis & Trends
Flexsteel Industries (FLXS) has 17 years of Tax Rate data on file, last reported at 24.91% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 38.0% year-over-year to 24.91%; the trailing twelve-month figure through Mar 2026 stood at 15.5% (down 1317.0% YoY), and the FY2025 full-year result was 10.39%, down 2190.0% from the prior year.
- Tax Rate slipped to 24.91% in Q1 2026, from 28.94% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 108.12% in Q2 2022 to a low of 175.24% in Q3 2022.
- A 5-year average of 5.64% and a median of 24.53% in 2025 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 21945 bps in 2023, while the deepest fall reached 27558 bps in 2023.
- Tracing FLXS's Tax Rate over 5 years: stood at 17.23% in 2022, then soared by 48 bps to 25.49% in 2023, then slipped by 12 bps to 22.39% in 2024, then gained by 29 bps to 28.94% in 2025, then retreated by 14 bps to 24.91% in 2026.
- Business Quant data shows FLXS's Tax Rate at 24.91% in Q1 2026, 28.94% in Q4 2025, and 21.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 21.37% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 30.22% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | -27.45% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 21.52% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 31.48% |
| 10 | Flexsteel Industries | 402.19 Mn | 344.91 Mn | 26.05 Mn | 24.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.91% |
| Mar 31, 2026 | 24.91% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | 28.94% |
| Dec 31, 2025 | 28.94% |
| Dec 31, 2025 | 28.94% |
| Sep 30, 2025 | 21.87% |
| Sep 30, 2025 | 21.87% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | -3.16% |
| Jun 30, 2025 | -3.16% |
| Jun 30, 2025 | -3.16% |
| Mar 31, 2025 | 24.53% |
| Mar 31, 2025 | 24.53% |
| Mar 31, 2025 | 24.53% |
| Dec 31, 2024 | 22.39% |
| Dec 31, 2024 | 22.39% |
| Dec 31, 2024 | 22.39% |
| Sep 30, 2024 | 30.95% |
| Sep 30, 2024 | 30.95% |