Lakeland Industries (LAKE) Tax Rate (2010 - 2026)
Lakeland Industries' Tax Rate was -32.39% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 149.61 percentage points from 117.22% a year earlier and down 110.86 percentage points from the prior quarter.
Lakeland Industries (LAKE) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lakeland Industries' Tax Rate was -163.34% through Jul 31, 2026, down 224.81 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at -43.01%, down 44.54 percentage points from FY2025.
- Tax Rate has now declined for three consecutive fiscal years, with a five-year change of -62.55 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 1.53% in FY2025 (-40.47 pp), 42.01% in FY2024 (-23.76 pp), 65.76% in FY2023 (+36.17 pp) and 29.60% in FY2022 (+10.05 pp).
- Quarterly Tax Rate has moved between -597.94% (fiscal Q3 2026) and 150.00% (fiscal Q2 2023) over five years.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q2 2023 (a gain of 123.09 percentage points); the worst was fiscal Q2 2027 (a drop of 149.61 percentage points).
- Per Business Quant data, LAKE's Tax Rate in the three fiscal quarters before Q2 2027 was 78.47% (Q1 2027), -6.08% (Q4 2026) and -597.94% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 339.65 Bn | 311.34 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 196.32 Bn | 190.90 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 170.23 Bn | 138.33 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 152.73 Bn | 149.91 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.56 Bn | 118.68 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 90.77 Bn | 83.50 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 89.89 Bn | 71.33 Bn | 2.78 Bn | 15.63% |
| 8 | Vertiv Holdings | 81.89 Bn | 72.51 Bn | 1.23 Bn | 19.71% |
| 9 | Illinois Tool Works | 78.95 Bn | 75.51 Bn | 1.90 Bn | 24.54% |
| 10 | Lakeland Industries | 91.69 Mn | 26.66 Mn | 18.54 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 78.47% |
| Oct 31, 2024 | 63.09% |
| Apr 30, 2024 | 19.01% |
| Oct 31, 2023 | 26.36% |
| Jul 31, 2023 | 32.72% |
| Apr 30, 2023 | 29.07% |
| Oct 31, 2022 | 33.32% |
| Jul 31, 2022 | 150.00% |
| Apr 30, 2022 | 20.16% |
| Jan 31, 2022 | 59.55% |
| Oct 31, 2021 | 31.42% |
| Jul 31, 2021 | 26.91% |
| Apr 30, 2021 | 24.36% |
| Jan 31, 2021 | 12.88% |
| Oct 31, 2020 | 25.89% |
| Jul 31, 2020 | 4.34% |
| Apr 30, 2020 | 30.14% |
| Jan 31, 2020 | 30.23% |
| Oct 31, 2019 | 36.30% |
| Jul 31, 2019 | 46.41% |
Lakeland Industries 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=LAKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LAKE", "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=LAKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();