Photronics (PLAB) Tax Rate (2011 - 2026)
Photronics (PLAB) posted Tax Rate of 19.69% for Q2 2026, up 2.25% on a QoQ basis from 19.26% in Q1 2026, and up 60.0% year-over-year from 12.31% in Q2 2025.
Analysis
Photronics (PLAB) Tax Rate (2011 - 2026) Analysis & Trends
Photronics has reported Tax Rate for 16 years, with the latest figure at 19.69% in Q2 2026.
- On a quarterly basis, Tax Rate rose 60.0% year-over-year to 19.69% in Q2 2026; TTM through May 2026 was 20.18%, a 422.0% decrease from a year earlier, with the FY2025 full-year figure at 21.97%, down 429.0% from the prior year.
- Tax Rate was 19.69% for Q2 2026 at Photronics, up from 19.26% in the prior quarter.
- The five-year high for Tax Rate was 30.29% in Q1 2023, with the low at 19.09% in Q2 2025.
- Average Tax Rate over 5 years is 24.4%, with a median of 24.96% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Rate soared 653 bps in 2022, then tumbled 1002 bps in 2025.
- Over 5 years, Tax Rate stood at 22.53% in 2022, then climbed by 11 bps to 24.91% in 2023, then grew by 17 bps to 29.12% in 2024, then tumbled by 34 bps to 19.1% in 2025, then climbed by 3 bps to 19.69% in 2026.
- The last three Tax Rate figures came in at 19.69% (Q2 2026), 19.26% (Q1 2026), and 19.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 14.99% |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 13.89% |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 19.02% |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 19.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 3, 2026 | 19.69% |
| Feb 1, 2026 | 19.26% |
| Oct 31, 2025 | 19.10% |
| Aug 3, 2025 | 24.77% |
| May 4, 2025 | 19.09% |
| Feb 2, 2025 | 24.50% |
| Oct 31, 2024 | 29.12% |
| Jul 28, 2024 | 22.67% |
| Apr 28, 2024 | 26.39% |
| Jan 28, 2024 | 27.28% |
| Oct 31, 2023 | 24.91% |
| Jul 30, 2023 | 25.02% |
| Apr 30, 2023 | 26.47% |
| Jan 29, 2023 | 30.29% |
| Oct 31, 2022 | 22.53% |
| Jul 31, 2022 | 26.93% |
| May 1, 2022 | 25.07% |
| Jan 30, 2022 | 26.05% |
| Oct 31, 2021 | 19.03% |
| Aug 1, 2021 | 24.36% |