Lakeland Industries (LAKE) Tax Rate (2010 - 2026)
Lakeland Industries (LAKE) posted quarterly Tax Rate of 78.47% for 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.
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.
- In Q2 2026, Tax Rate rose 5503.0% year-over-year to 78.47%; the TTM figure through Apr 2026 stood at 93.39% (down 11807.0% YoY), while the FY2026 annual figure was 43.01%, down 4454.0% from the prior year.
- Tax Rate grew to 78.47% in Q2 2026 per LAKE's latest filing, from 6.08% in the prior quarter.
- Across five years, Tax Rate topped out at 150.0% in Q3 2022 and bottomed at 597.94% in Q4 2025.
- Historically, Tax Rate has averaged 2.75% across 5 years, with a median of 29.49% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate soared 12309 bps — and 2025, when it tumbled 62863 bps.
- Lakeland Industries' Tax Rate stood at 33.32% in 2022, then retreated by 11 bps to 29.49% in 2023, then increased by 4 bps to 30.69% in 2024, then tumbled by 2048 bps to 597.94% in 2025, then jumped by 113 bps to 78.47% in 2026.
- Business Quant data shows LAKE's Tax Rate at 78.47% in Q2 2026, 6.08% in Q1 2026, and 597.94% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 23.38% |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 15.21% |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 22.42% |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | 9.11% |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 25.40% |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 18.89% |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | 26.82% |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | 23.05% |
| 10 | Lakeland Industries | 110.75 Mn | 93.33 Mn | 14.89 Mn | 78.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 78.47% |
| Apr 30, 2026 | 78.47% |
| Apr 30, 2026 | 78.47% |
| Jan 31, 2026 | -6.08% |
| Jan 31, 2026 | -6.08% |
| Jan 31, 2026 | -6.08% |
| Oct 31, 2025 | -597.94% |
| Oct 31, 2025 | -597.94% |
| Oct 31, 2025 | -597.94% |
| Jul 31, 2025 | 117.22% |
| Jul 31, 2025 | 117.22% |
| Jul 31, 2025 | 117.22% |
| Apr 30, 2025 | 23.44% |
| Apr 30, 2025 | 23.44% |
| Apr 30, 2025 | 23.44% |
| Oct 31, 2024 | 30.69% |
| Oct 31, 2024 | 30.69% |
| Oct 31, 2024 | 30.69% |
| Jul 31, 2024 | 23.39% |
| Jul 31, 2024 | 23.39% |