Honest Company (HNST) Tax Rate (2020 - 2026)
Honest Company (HNST) posted Tax Rate of 0.6% for Q2 2026, down 99.95% on a QoQ basis from 1150.0% in Q1 2026, and down 52.0% year-over-year from 1.26% in Q2 2025.
Powered by 
Analysis
Honest Company (HNST) Tax Rate (2020 - 2026) Analysis & Trends
Honest Company has reported Tax Rate for 7 years, with the latest figure at 0.6% in Q2 2026.
- On a quarterly basis, Tax Rate fell 52.0% year-over-year to 0.6% in Q2 2026; TTM through Jun 2026 was 1.93%, a 378.0% decrease from a year earlier, with the FY2025 full-year figure at 1.32%, down 8.0% from the prior year.
- Tax Rate was 0.6% for Q2 2026 at Honest Company, down from 1150.0% in the prior quarter.
- The five-year high for Tax Rate was 1150.0% in Q1 2026, with the low at 2.4% in Q4 2024.
- Average Tax Rate over 5 years is 68.81%, with a median of 0.14% recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Tax Rate slumped 171 bps in 2024, then jumped 114879 bps in 2026.
- Over 5 years, Tax Rate stood at 0.4% in 2022, then declined by 9 bps to 0.43% in 2023, then tumbled by 453 bps to 2.4% in 2024, then soared by 98 bps to 0.04% in 2025, then surged by 1683 bps to 0.6% in 2026.
- The last three Tax Rate figures came in at 0.6% (Q2 2026), 1150.0% (Q1 2026), and 0.04% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Colgate Palmolive | 70.76 Bn | 69.72 Bn | 3.30 Bn | 24.32% |
| 2 | Kenvue | 35.95 Bn | 34.84 Bn | 2.30 Bn | 23.75% |
| 3 | Kimberly Clark | 34.91 Bn | 34.08 Bn | 1.60 Bn | 37.94% |
| 4 | Bath & Body Works | 3.94 Bn | 3.15 Bn | 692.00 Mn | 28.05% |
| 5 | Prestige Consumer Healthcare | 2.94 Bn | 2.87 Bn | - | - |
| 6 | Perrigo | 2.07 Bn | 1.67 Bn | 313.90 Mn | 16.03% |
| 7 | Edgewell Personal Care | 1.33 Bn | 933.73 Mn | 242.50 Mn | 31.67% |
| 8 | Herbalife | 1.30 Bn | 935.57 Mn | 1.03 Bn | -616.22% |
| 9 | TFA Therapeutics | 1.02 Bn | 1.02 Bn | - | - |
| 10 | Honest Company | 682.25 Mn | 576.35 Mn | 40.36 Mn | 0.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60% |
| Mar 31, 2026 | 1,150.00% |
| Dec 31, 2025 | -0.04% |
| Sep 30, 2025 | 12.67% |
| Jun 30, 2025 | 1.12% |
| Mar 31, 2025 | 1.21% |
| Dec 31, 2024 | -2.40% |
| Sep 30, 2024 | 10.33% |
| Jun 30, 2024 | -0.32% |
| Mar 31, 2024 | -1.81% |
| Sep 30, 2023 | -0.43% |
| Jun 30, 2023 | -0.15% |
| Mar 31, 2023 | -0.11% |
| Dec 31, 2022 | -0.40% |
| Sep 30, 2022 | -0.17% |
| Jun 30, 2022 | -0.20% |
| Mar 31, 2022 | -0.14% |
| Dec 31, 2021 | -0.11% |
| Sep 30, 2021 | -0.43% |
| Jun 30, 2021 | -0.11% |