Newell Brands (NWL) Tax Rate (2009 - 2026)
Newell Brands' Tax Rate came in at 45.64% for Q2 2026, up 10.43 percentage points from 35.21% a year earlier but down 0.26 percentage points from the prior quarter.
Newell Brands (NWL) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Newell Brands reported Tax Rate of -20.77%, down 30.09 percentage points year-over-year; for FY2025, it was 5.32%, down 11.61 percentage points from FY2024.
- Tax Rate carries a five-year change of -18.16 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 16.92% in FY2024 (-11.62 pp), 28.55% in FY2023 (+54.02 pp), -25.48% in FY2022 (-43.64 pp) and 18.16% in FY2021 (-5.32 pp).
- The five-year range for quarterly Tax Rate is 3.41% (Q3 2024) to 146.34% (Q3 2022).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -6.50 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2022 (a gain of 132.34 percentage points), and the weakest in Q3 2023 (a drop of 119.50 percentage points).
- Business Quant data shows NWL's Tax Rate at 45.90% (Q1 2026), 12.26% (Q4 2025) and 50.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | 20.71% |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 25.17% |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | 28.23% |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | 45.64% |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 12.97% |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 3.13% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | - |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 21.59% |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | 28.40% |
| 10 | Cricut | 1.34 Bn | 311.09 Mn | 116.41 Mn | 22.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.64% |
| Sep 30, 2025 | 50.00% |
| Jun 30, 2025 | 35.21% |
| Jun 30, 2024 | 46.43% |
| Jun 30, 2023 | 48.57% |
| Jun 30, 2022 | 21.03% |
| Mar 31, 2022 | 17.39% |
| Dec 31, 2021 | 11.71% |
| Sep 30, 2021 | 14.00% |
| Jun 30, 2021 | 19.10% |
| Mar 31, 2021 | 29.55% |
| Jun 30, 2020 | 16.13% |
| Jun 30, 2019 | 19.61% |
| Mar 31, 2017 | 19.19% |
| Sep 30, 2016 | 6.80% |
| Jun 30, 2016 | 20.26% |
| Mar 31, 2016 | 21.90% |
| Sep 30, 2015 | 16.15% |
| Jun 30, 2015 | 22.70% |
| Mar 31, 2015 | 27.88% |
Newell Brands 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=NWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NWL", "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=NWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();