Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)
Flexsteel Industries (FLXS) posted Tax Rate of 24.91% for Q1 2026, down 13.93% sequentially from 28.94% in Q4 2025, and up 38.0% YoY from 18.05% in Q1 2025.
Flexsteel Industries (FLXS) Tax Rate (2010 - 2026) Analysis & Trends
Flexsteel Industries has reported Tax Rate for 17 years, with the latest figure at 24.91% in Q1 2026.
- Quarterly Tax Rate rose 38.0% year-over-year to 24.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.5% (down 1317.0% YoY) and the FY2025 annual result came in at 10.39%, down 2190.0% from the prior year.
- Tax Rate slipped to 24.91% in Q1 2026 per FLXS's latest filing, from 28.94% in the prior quarter.
- Over five years, Tax Rate peaked at 108.12% in Q2 2022 and troughed at 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.
- The widest YoY moves for Tax Rate: up 21945 bps in 2023, down 27558 bps in 2023.
- Over 5 years, Tax Rate stood at 17.23% in 2022, then soared by 48 bps to 25.49% in 2023, then fell by 12 bps to 22.39% in 2024, then grew by 29 bps to 28.94% in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.62 Bn | 24.84 Bn | 860.34 Mn | 20.71% |
| 2 | Somnigroup International | 13.66 Bn | 13.55 Bn | 817.20 Mn | 25.17% |
| 3 | Mohawk Industries | 8.27 Bn | 7.42 Bn | 795.10 Mn | 21.05% |
| 4 | Alliance Laundry Holdings | 4.66 Bn | 4.48 Bn | 189.90 Mn | 21.82% |
| 5 | Hni | 3.53 Bn | 3.42 Bn | 647.20 Mn | 28.23% |
| 6 | Whirlpool | 2.64 Bn | 1.40 Bn | 442.00 Mn | 3.13% |
| 7 | Interface | 2.25 Bn | 2.17 Bn | 178.08 Mn | 27.42% |
| 8 | Millerknoll | 1.58 Bn | 1.41 Bn | 395.60 Mn | 31.48% |
| 9 | MasterBrand | 1.40 Bn | 1.16 Bn | 205.50 Mn | -18.76% |
| 10 | Flexsteel Industries | 429.95 Mn | 372.67 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% |