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
DateValue
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%