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

Flexsteel Industries (FLXS) reported Tax Rate of 24.91% for Q1 2026, up 38.0% on a YoY basis from 18.05% in Q1 2025, and down 13.93% sequentially from 28.94% in Q4 2025.

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

Flexsteel Industries (FLXS) has 17 years of Tax Rate data on file, last reported at 24.91% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 38.0% year-over-year to 24.91%; the trailing twelve-month figure through Mar 2026 stood at 15.5% (down 1317.0% YoY), and the FY2025 full-year result was 10.39%, down 2190.0% from the prior year.
  • Tax Rate slipped to 24.91% in Q1 2026, from 28.94% 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.
  • A 5-year average of 5.64% and a median of 24.53% in 2025 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 21945 bps in 2023, while the deepest fall reached 27558 bps in 2023.
  • Tracing FLXS's Tax Rate over 5 years: stood at 17.23% in 2022, then soared by 48 bps to 25.49% in 2023, then slipped by 12 bps to 22.39% in 2024, then gained by 29 bps to 28.94% in 2025, then retreated by 14 bps to 24.91% in 2026.
  • Business Quant data shows FLXS's Tax Rate at 24.91% in Q1 2026, 28.94% in Q4 2025, and 21.87% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn 17.69%
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn 24.33%
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn -8.23%
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn 21.37%
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn 30.22%
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn -27.45%
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn 18.34%
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn 21.52%
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn 31.48%
10 Flexsteel Industries 402.19 Mn 344.91 Mn 26.05 Mn 24.91%

Historic Data

Download Data
DateValue
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%