Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)
Flexsteel Industries (FLXS) recorded Tax Rate of 22.98% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 1.98 percentage points from 24.96% a year earlier and down 1.93 percentage points from the prior quarter.
Flexsteel Industries (FLXS) Tax Rate (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Flexsteel Industries reported Tax Rate of 24.39%, down 0.87 percentage points from FY2025.
- Annual Tax Rate has a five-year change of -2.36 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Tax Rate came in at 25.26% in FY2025 (-7.03 pp), 32.30% in FY2024 (+92.60 pp), -60.30% in FY2023 (-128.91 pp) and 68.61% in FY2022 (+41.85 pp).
- Quarterly Tax Rate has ranged from -175.24% in fiscal Q1 2023 to 108.12% in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -4.64 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 219.45 percentage points in fiscal Q1 2024, against a drop of 275.58 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 24.91% (Q3 2026), 28.94% (Q2 2026) and 21.87% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | 20.71% |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 25.17% |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | 28.23% |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | 45.64% |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 12.97% |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 3.13% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | - |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 21.59% |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | 28.40% |
| 10 | Flexsteel Industries | 347.66 Mn | 198.34 Mn | 34.62 Mn | 22.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.98% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | 28.94% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 24.96% |
| Dec 31, 2024 | 22.39% |
| Sep 30, 2024 | 30.95% |
| Jun 30, 2024 | 33.91% |
| Mar 31, 2024 | 32.22% |
| Dec 31, 2023 | 25.49% |
| Sep 30, 2023 | 44.21% |
| Mar 31, 2023 | 21.04% |
| Dec 31, 2022 | 17.23% |
| Jun 30, 2022 | 108.12% |
| Mar 31, 2022 | 5.94% |
| Sep 30, 2021 | 23.20% |
| Jun 30, 2021 | 17.74% |
| Mar 31, 2021 | 23.91% |
| Dec 31, 2020 | 15.46% |
| Sep 30, 2020 | 51.27% |
Flexsteel 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=FLXS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FLXS", "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=FLXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();