Flexsteel Industries (FLXS) Tax Rate (2010 - 2026)
Flexsteel Industries' (FLXS) quarterly Tax Rate came in at 24.91% in Q1 2026, up 38.0% year-on-year from 18.05% in Q1 2025, and down 13.93% quarter-over-quarter from 28.94% in Q4 2025.
Flexsteel Industries (FLXS) Tax Rate (2010 - 2026) Analysis & Trends
Flexsteel Industries has disclosed Tax Rate across 17 years of filings, most recently posting 24.91% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.91%, up 38.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.64% (up 1512.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 22.39% (2024), against an average of 9.76%.
- Across the five-year window, Tax Rate plunged 19844 bps in 2022 and soared 21945 bps in 2023, its largest moves.
- Flexsteel Industries' 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 decreased by 14 bps to 24.91% in 2026.
- The last three Tax Rate figures came in at 24.91% (Q1 2026), 28.94% (Q4 2025), and 21.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.88 Bn | 18.88 Bn | 694.97 Mn | 17.69% |
| 2 | Somnigroup International | 15.17 Bn | 15.07 Bn | 776.90 Mn | 24.33% |
| 3 | Mohawk Industries | 6.64 Bn | 5.77 Bn | 641.90 Mn | -8.23% |
| 4 | Alliance Laundry Holdings | 5.06 Bn | 4.90 Bn | 157.19 Mn | 21.37% |
| 5 | Whirlpool | 2.56 Bn | 1.92 Bn | 415.00 Mn | -27.45% |
| 6 | Hni | 2.43 Bn | 2.35 Bn | 499.90 Mn | 30.22% |
| 7 | Interface | 1.85 Bn | 1.79 Bn | 126.72 Mn | 18.34% |
| 8 | La-Z-Boy | 1.58 Bn | 1.29 Bn | 233.51 Mn | 31.34% |
| 9 | Leggett & Platt | 1.48 Bn | 969.37 Mn | 170.70 Mn | 37.30% |
| 10 | Flexsteel Industries | 334.31 Mn | 277.03 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% |