Honest Company (HNST) Tax Rate (2020 - 2026)
Honest Company (HNST) reported Tax Rate of 0.60% for Q2 2026, down 0.52 percentage points from 1.12% a year earlier and down 1149.40 percentage points from the prior quarter.
Honest Company (HNST) Tax Rate (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Honest Company's Tax Rate came in at -1.93%, down 3.78 percentage points year-over-year; for FY2025, it was -1.32%, down 0.08 percentage points from FY2024.
- Tax Rate has a five-year change of -0.70 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -1.24% in FY2024 (-1.05 pp), -0.19% in FY2023 (+0.03 pp), -0.22% in FY2022 (-0.03 pp) and -0.20% in FY2021 (+0.42 pp).
- Five-year quarterly Tax Rate spans a low of -2.40% in Q4 2024 and a high of 1150.00% in Q1 2026.
- Year over year, Tax Rate gained in six of the last seven quarters, with an average year-over-year change of +166.89 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2026 (a gain of 1148.79 percentage points); the low point was Q1 2024 (a drop of 1.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1150.00% (Q1 2026), -0.04% (Q4 2025) and 12.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 21.66% |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 24.32% |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 23.75% |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | - |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | 37.94% |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 20.75% |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 21.60% |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 29.38% |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 23.28% |
| 10 | Honest Company | 588.22 Mn | 230.92 Mn | 40.36 Mn | 0.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60% |
| Mar 31, 2026 | 1,150.00% |
| Sep 30, 2025 | 12.67% |
| Jun 30, 2025 | 1.12% |
| Mar 31, 2025 | 1.21% |
| Sep 30, 2024 | 10.33% |
| Mar 31, 2020 | 3.79% |
Honest Company Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HNST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HNST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HNST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();