Flexsteel Industries FLXS
NASDAQ FLXS
$82.80 -0.33 (-0.40%)
As of: Sep 10, 2026 · 3:59 PM EDT

Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)

Flexsteel Industries' (FLXS) quarterly Tax Rate came in at 22.98% in Q2 2026, down 924.0% year-over-year from 2.79% in Q2 2025, and down 7.74% quarter-over-quarter from 24.91% in Q1 2026.

Analysis

Flexsteel Industries (FLXS) Tax Rate (2010 - 2026) Analysis & Trends

Flexsteel Industries has disclosed Tax Rate across 17 years of filings, most recently posting 22.98% for Q2 2026.

  • In Q2 2026, Tax Rate fell 924.0% year-over-year to 22.98%; the TTM figure through Jun 2026 stood at 24.39% (down 471.0% YoY), while the FY2026 annual figure was 24.39%, down 471.0% from the prior year.
  • Tax Rate came in at 22.98% for Q2 2026 at Flexsteel Industries, down from 24.91% 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.
  • Average Tax Rate over 5 years is 8.57%, with a median of 24.72% recorded in 2025.
  • The largest YoY upside for Tax Rate was 21945 bps in 2023 against a maximum downside of 27558 bps in 2023.
  • Over 5 years, Tax Rate stood at 17.23% in 2022, then jumped by 48 bps to 25.49% in 2023, then dropped by 12 bps to 22.39% in 2024, then advanced by 29 bps to 28.94% in 2025, then declined by 21 bps to 22.98% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.98% in Q2 2026, 24.91% in Q1 2026, and 28.94% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Somnigroup International 13.86 Bn 13.75 Bn 817.20 Mn 25.17%
2 Hni 3.34 Bn 3.23 Bn 647.20 Mn 28.23%
3 Millerknoll 1.43 Bn 1.26 Bn 395.60 Mn 31.48%
4 La-Z-Boy 1.23 Bn 966.19 Mn 208.66 Mn 45.81%
5 MasterBrand 1.14 Bn 898.11 Mn 205.50 Mn -18.76%
6 Arhaus 1.12 Bn 894.72 Mn 172.07 Mn 28.40%
7 Ethan Allen Interiors 557.01 Mn 352.52 Mn 92.62 Mn 24.76%
8 XMax 520.34 Mn 484.62 Mn 1.09 Mn 19.41%
9 Flexsteel Industries 424.55 Mn 407.88 Mn 34.62 Mn 22.98%
10 Lovesac 209.09 Mn 152.09 Mn 71.97 Mn 33.61%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.98%
Mar 31, 2026 24.91%
Dec 31, 2025 28.94%
Sep 30, 2025 21.87%
Jun 30, 2025 32.22%
Mar 31, 2025 24.53%
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%
Jun 30, 2023 -167.47%
Mar 31, 2023 21.04%
Dec 31, 2022 17.23%
Sep 30, 2022 -175.24%
Jun 30, 2022 108.12%
Mar 31, 2022 5.94%
Dec 31, 2021 13.82%
Sep 30, 2021 23.20%