New Oriental Education & Technology (NWOEF) Tax Rate (2009 - 2026)
New Oriental Education & Technology's (NWOEF) quarterly Tax Rate came in at 29.58% in Q2 2026, down 4728.0% on a YoY basis from 0.64% in Q2 2025, and up 2.53% quarter-over-quarter from 30.35% in Q1 2026.
Analysis
New Oriental Education & Technology (NWOEF) Tax Rate (2009 - 2026) Analysis & Trends
New Oriental Education & Technology (NWOEF) has reported Tax Rate for 18 consecutive years, with 29.58% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 4728.0% year-over-year to 29.58%; the trailing twelve-month figure through May 2026 stood at 30.49% (up 367.0% YoY), and the FY2026 full-year result was 30.49%, down 321.0% from the prior year.
- Tax Rate advanced to 29.58% in Q2 2026 per NWOEF's latest filing, from 30.35% in the prior quarter.
- Across five years, Tax Rate topped out at 158.44% in Q4 2022 and bottomed at 75.98% in Q4 2024.
- Historically, Tax Rate has averaged 18.37% across 5 years, with a median of 29.76% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 14609 bps in 2022, then tumbled 20026 bps in 2023.
- Over 5 years, Tax Rate stood at 158.44% in 2022, then sank by 126 bps to 41.82% in 2023, then sank by 82 bps to 75.98% in 2024, then surged by 51 bps to 36.9% in 2025, then grew by 20 bps to 29.58% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 29.58%, 30.35%, and 36.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Laureate Education | 4.98 Bn | 4.82 Bn | 237.67 Mn | 37.33% |
| 2 | Graham Holdings | 4.73 Bn | 3.48 Bn | 777.03 Mn | 11.06% |
| 3 | Covista | 4.36 Bn | 3.95 Bn | 284.63 Mn | 18.37% |
| 4 | Stride | 3.55 Bn | 2.59 Bn | 217.28 Mn | 21.88% |
| 5 | Bright Horizons Family Solutions | 3.37 Bn | 3.20 Bn | 188.96 Mn | 38.24% |
| 6 | Perdoceo Education | 2.06 Bn | 754.45 Mn | 162.46 Mn | 20.32% |
| 7 | TAL Education | 1.85 Bn | -835.73 Mn | 227.32 Mn | -115.72% |
| 8 | Strategic Education | 1.73 Bn | 1.60 Bn | - | 28.31% |
| 9 | Afya | 1.28 Bn | 1.08 Bn | 118.29 Mn | -0.98% |
| 10 | New Oriental Education & Technology | 142.86 Mn | -2.26 Bn | -19,600.00 | -29.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -29.58% |
| Feb 28, 2026 | -30.35% |
| Nov 30, 2025 | -36.90% |
| Aug 31, 2025 | -29.45% |
| May 31, 2025 | 17.70% |
| Feb 28, 2025 | -42.23% |
| Nov 30, 2024 | -75.98% |
| Aug 31, 2024 | -26.45% |
| May 31, 2024 | -52.54% |
| Feb 29, 2024 | -28.83% |
| Nov 30, 2023 | -41.82% |
| Aug 31, 2023 | -30.48% |
| May 31, 2023 | -40.46% |
| Feb 28, 2023 | -29.09% |
| Nov 30, 2022 | 158.44% |
| Aug 31, 2022 | -29.93% |
| May 31, 2022 | 5.32% |
| Feb 28, 2022 | 11.94% |
| Nov 30, 2021 | 12.35% |
| Aug 31, 2021 | -58.52% |