Lakeland Industries (LAKE) Tax Rate (2010 - 2026)
Lakeland Industries' (LAKE) quarterly Tax Rate came in at 78.47% in Q2 2026, up 5503.0% year-over-year from 1.4% in Q2 2025, and up 1390.15% quarter-over-quarter from 6.08% in Q1 2026.
Analysis
Lakeland Industries (LAKE) Tax Rate (2010 - 2026) Analysis & Trends
Lakeland Industries (LAKE) has reported Tax Rate for 17 consecutive years, with 78.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 5503.0% year-over-year to 78.47% in Q2 2026; TTM through Apr 2026 was 93.39%, a 11807.0% decrease from a year earlier, with the FY2026 full-year figure at 43.01%, down 4454.0% from the prior year.
- Tax Rate was 78.47% for Q2 2026 at Lakeland Industries, up from 6.08% in the prior quarter.
- Over five years, Tax Rate peaked at 150.0% in Q3 2022 and troughed at 597.94% in Q4 2025.
- A 5-year average of 2.75% and a median of 29.49% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 12309 bps in 2022 and plunged 62863 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 33.32% in 2022, then declined by 11 bps to 29.49% in 2023, then climbed by 4 bps to 30.69% in 2024, then tumbled by 2048 bps to 597.94% in 2025, then surged by 113 bps to 78.47% in 2026.
- The last three Tax Rate figures came in at 78.47% (Q2 2026), 6.08% (Q1 2026), and 597.94% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.39 Bn | 17.75 Bn | 635.20 Mn | 21.52% |
| 2 | Lincoln Electric Holdings | 13.73 Bn | 13.49 Bn | 449.00 Mn | 23.75% |
| 3 | Stanley Black & Decker | 13.39 Bn | 12.80 Bn | 1.31 Bn | 29.60% |
| 4 | Vontier | 4.36 Bn | 4.10 Bn | 365.00 Mn | 37.44% |
| 5 | Esab | 4.25 Bn | 4.03 Bn | 307.21 Mn | 24.33% |
| 6 | Brady | 4.06 Bn | 3.87 Bn | 231.13 Mn | 17.95% |
| 7 | Kennametal | 2.23 Bn | 2.13 Bn | 433.56 Mn | 23.32% |
| 8 | Enerpac Tool | 1.82 Bn | 1.70 Bn | 88.78 Mn | 22.99% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 22.62% |
| 10 | Lakeland Industries | 94.73 Mn | 77.31 Mn | 14.89 Mn | 78.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 78.47% |
| Jan 31, 2026 | -6.08% |
| Oct 31, 2025 | -597.94% |
| Jul 31, 2025 | 117.22% |
| Apr 30, 2025 | 23.44% |
| Oct 31, 2024 | 30.69% |
| Jul 31, 2024 | 23.39% |
| Apr 30, 2024 | 19.01% |
| Oct 31, 2023 | 29.49% |
| Jul 31, 2023 | 31.49% |
| Apr 30, 2023 | 29.07% |
| Oct 31, 2022 | 33.32% |
| Jul 31, 2022 | 150.00% |
| Apr 30, 2022 | 20.16% |
| Jan 31, 2022 | 59.47% |
| Oct 31, 2021 | 31.42% |
| Jul 31, 2021 | 26.91% |
| Apr 30, 2021 | 24.41% |
| Jan 31, 2021 | 14.42% |
| Oct 31, 2020 | 25.89% |