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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |