Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)
Flexsteel Industries recorded quarterly Tax Rate of 24.91% in Q1 2026, down 13.93% quarter-over-quarter from 28.94% in Q4 2025, and up 38.0% year-over-year from 18.05% in Q1 2025.
Flexsteel Industries' Tax Rate history runs 17 years deep, the most recent figure standing at 24.91% for Q1 2026.
- In Q1 2026, Tax Rate rose 38.0% year-over-year to 24.91%; the TTM figure through Mar 2026 stood at 27.64% (up 1512.0% YoY), while the FY2025 annual figure was 29.1%, up 1773.0% from the prior year.
- Tax Rate came in at 24.91% for Q1 2026 at Flexsteel Industries, down from 28.94% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 44.21% in Q3 2023 to a low of 175.24% in Q3 2022.
- A 5-year average of 9.76% and a median of 22.39% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 19844 bps in 2022 and jumped 21945 bps in 2023, its largest moves.
- Flexsteel Industries' Tax Rate stood at 17.23% in 2022, then surged by 48 bps to 25.49% in 2023, then declined by 12 bps to 22.39% in 2024, then climbed by 29 bps to 28.94% in 2025, then slipped by 14 bps to 24.91% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.91%, 28.94%, and 21.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.84 Bn | 15.84 Bn | 694.97 Mn | 17.69 |
| 2 | Somnigroup International | 14.07 Bn | 13.96 Bn | 776.90 Mn | 24.33 |
| 3 | Mohawk Industries | 6.29 Bn | 5.42 Bn | 641.90 Mn | -8.23 |
| 4 | Patrick Industries | 2.95 Bn | 2.92 Bn | 226.86 Mn | 14.79 |
| 5 | Whirlpool | 2.54 Bn | 1.91 Bn | 415.00 Mn | -27.45 |
| 6 | Hni | 2.20 Bn | 2.12 Bn | 499.90 Mn | 30.22 |
| 7 | Interface | 1.67 Bn | 1.61 Bn | 126.72 Mn | 18.34 |
| 8 | La-Z-Boy | 1.51 Bn | 1.21 Bn | 233.51 Mn | 31.34 |
| 9 | Leggett & Platt | 1.39 Bn | 881.61 Mn | 170.70 Mn | 37.30 |
| 10 | Flexsteel Industries | 299.77 Mn | 242.48 Mn | 26.05 Mn | 24.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.91 |
| Mar 31, 2026 | 24.91 |
| Dec 31, 2025 | 28.94 |
| Dec 31, 2025 | 28.94 |
| Sep 30, 2025 | 21.87 |
| Sep 30, 2025 | 21.87 |
| Jun 30, 2025 | 32.22 |
| Jun 30, 2025 | 32.22 |
| Mar 31, 2025 | 24.53 |
| Mar 31, 2025 | 24.53 |
| Dec 31, 2024 | 22.39 |
| Dec 31, 2024 | 22.39 |
| Sep 30, 2024 | 30.95 |
| Sep 30, 2024 | 30.95 |
| Jun 30, 2024 | -9.79 |
| Jun 30, 2024 | -9.79 |
| Mar 31, 2024 | 32.22 |
| Mar 31, 2024 | 32.22 |
| Dec 31, 2023 | 25.49 |
| Dec 31, 2023 | 25.49 |
| Sep 30, 2023 | 44.21 |
| Sep 30, 2023 | 44.21 |
| Jun 30, 2023 | -0.18 |
| Jun 30, 2023 | -0.18 |
| Mar 31, 2023 | 21.04 |
| Mar 31, 2023 | 21.04 |
| Dec 31, 2022 | 17.23 |
| Dec 31, 2022 | 17.23 |
| Sep 30, 2022 | -175.24 |
| Sep 30, 2022 | -175.24 |
| Jun 30, 2022 | 19.26 |
| Jun 30, 2022 | 19.26 |
| Mar 31, 2022 | 5.94 |
| Mar 31, 2022 | 5.94 |
| Dec 31, 2021 | 13.82 |
| Dec 31, 2021 | 13.82 |
| Sep 30, 2021 | 23.20 |
| Sep 30, 2021 | 23.20 |
| Jun 30, 2021 | 24.12 |
| Jun 30, 2021 | 24.12 |
| Mar 31, 2021 | 23.91 |
| Mar 31, 2021 | 23.91 |
| Dec 31, 2020 | 15.46 |
| Dec 31, 2020 | 15.46 |
| Sep 30, 2020 | 51.27 |
| Sep 30, 2020 | 51.27 |
| Jun 30, 2020 | -525.38 |
| Jun 30, 2020 | -525.38 |
| Mar 31, 2020 | 35.91 |
| Mar 31, 2020 | 35.91 |
| Dec 31, 2019 | 22.78 |
| Dec 31, 2019 | 22.78 |
| Sep 30, 2019 | 25.20 |
| Sep 30, 2019 | 25.20 |
| Jun 30, 2019 | 22.12 |
| Jun 30, 2019 | 22.12 |
| Mar 31, 2019 | 22.62 |
| Mar 31, 2019 | 22.62 |
| Dec 31, 2018 | 27.53 |
| Dec 31, 2018 | 27.53 |
| Sep 30, 2018 | 27.03 |
| Sep 30, 2018 | 27.03 |
| Jun 30, 2018 | -1.57 |
| Jun 30, 2018 | -1.57 |
| Mar 31, 2018 | 31.71 |
| Mar 31, 2018 | 31.71 |
| Dec 31, 2017 | 21.06 |
| Dec 31, 2017 | 21.06 |
| Sep 30, 2017 | 37.45 |
| Sep 30, 2017 | 37.45 |
| Jun 30, 2017 | 34.42 |
| Jun 30, 2017 | 34.42 |
| Mar 31, 2017 | 37.17 |
| Mar 31, 2017 | 37.17 |
| Dec 31, 2016 | 36.74 |
| Dec 31, 2016 | 36.74 |
| Sep 30, 2016 | 38.70 |
| Sep 30, 2016 | 38.70 |
| Jun 30, 2016 | 30.54 |
| Jun 30, 2016 | 30.54 |
| Mar 31, 2016 | 38.19 |
| Mar 31, 2016 | 38.19 |
| Dec 31, 2015 | 37.06 |
| Dec 31, 2015 | 37.06 |
| Sep 30, 2015 | 37.99 |
| Sep 30, 2015 | 37.99 |
| Jun 30, 2015 | 35.56 |
| Jun 30, 2015 | 35.56 |
| Mar 31, 2015 | 38.37 |
| Mar 31, 2015 | 38.37 |
| Dec 31, 2014 | 37.99 |
| Dec 31, 2014 | 37.99 |
| Sep 30, 2014 | 37.04 |
| Sep 30, 2014 | 37.04 |
| Jun 30, 2014 | 36.88 |
| Jun 30, 2014 | 36.88 |
| Mar 31, 2014 | 37.39 |
| Mar 31, 2014 | 37.39 |
| Dec 31, 2013 | 37.77 |
| Dec 31, 2013 | 37.77 |
| Sep 30, 2013 | 36.54 |
| Sep 30, 2013 | 36.54 |
| Jun 30, 2013 | 21.62 |
| Jun 30, 2013 | 21.62 |
| Mar 31, 2013 | 37.74 |
| Mar 31, 2013 | 37.74 |
| Dec 31, 2012 | 37.32 |
| Dec 31, 2012 | 37.32 |
| Sep 30, 2012 | 36.91 |
| Sep 30, 2012 | 36.91 |
| Jun 30, 2012 | 36.33 |
| Jun 30, 2012 | 36.33 |
| Mar 31, 2012 | 36.48 |
| Mar 31, 2012 | 36.48 |
| Dec 31, 2011 | 37.78 |
| Dec 31, 2011 | 37.78 |
| Sep 30, 2011 | 36.72 |
| Sep 30, 2011 | 36.72 |
| Jun 30, 2011 | 34.29 |
| Jun 30, 2011 | 34.29 |
| Mar 31, 2011 | 34.97 |
| Mar 31, 2011 | 34.97 |
| Dec 31, 2010 | 36.03 |
| Dec 31, 2010 | 36.03 |
| Sep 30, 2010 | 38.23 |
| Sep 30, 2010 | 38.23 |