Plexus (PLXS) Tax Rate (2009 - 2026)
Plexus' (PLXS) quarterly Tax Rate came in at 23.92% in Q3 2026, up 1444.0% on a YoY basis from 1.55% in Q3 2025, and up 70.88% quarter-over-quarter from 14.0% in Q2 2026.
Analysis
Plexus (PLXS) Tax Rate (2009 - 2026) Analysis & Trends
Plexus (PLXS) has reported Tax Rate for 18 consecutive years, with 23.92% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Tax Rate rose 1444.0% year-over-year to 23.92%; the trailing twelve-month figure through Jul 2026 stood at 13.83% (up 232.0% YoY), and the FY2025 full-year result was 8.05%, down 563.0% from the prior year.
- Tax Rate climbed to 23.92% in Q3 2026 per PLXS's latest filing, from 14.0% in the prior quarter.
- Across five years, Tax Rate topped out at 23.92% in Q3 2026 and bottomed at 3.56% in Q3 2025.
- Historically, Tax Rate has averaged 13.22% across 5 years, with a median of 14.0% in 2026.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 1279 bps in 2025, then jumped 1444 bps in 2026.
- Over 5 years, Tax Rate stood at 14.66% in 2022, then climbed by 10 bps to 16.16% in 2023, then fell by 11 bps to 14.32% in 2024, then sank by 125 bps to 3.56% in 2025, then soared by 772 bps to 23.92% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.92%, 14.0%, and 19.4% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 39.94 Bn | 37.10 Bn | 747.00 Mn | 24.40% |
| 2 | Celestica | 37.48 Bn | 36.94 Bn | 577.50 Mn | 21.47% |
| 3 | Jabil | 31.91 Bn | 30.55 Bn | 828.00 Mn | 24.86% |
| 4 | Fabrinet | 14.44 Bn | 13.57 Bn | 158.05 Mn | 30.27% |
| 5 | Ttm Technologies | 12.66 Bn | 12.14 Bn | 211.86 Mn | -2.22% |
| 6 | Sanmina | 11.07 Bn | 9.22 Bn | 363.31 Mn | 34.65% |
| 7 | Plexus | 6.58 Bn | 6.26 Bn | 131.38 Mn | 23.92% |
| 8 | Benchmark Electronics | 2.64 Bn | 2.33 Bn | 78.40 Mn | 30.76% |
| 9 | Kimball Electronics | 614.24 Mn | 525.32 Mn | 32.95 Mn | 67.80% |
| 10 | Eltek | 54.40 Mn | 42.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 23.92% |
| Apr 4, 2026 | 14.00% |
| Jan 3, 2026 | 19.40% |
| Sep 27, 2025 | -3.56% |
| Jun 28, 2025 | 9.47% |
| Mar 29, 2025 | 13.33% |
| Dec 28, 2024 | 14.32% |
| Sep 28, 2024 | 9.23% |
| Jun 29, 2024 | 17.16% |
| Mar 30, 2024 | 14.38% |
| Dec 30, 2023 | 16.16% |
| Sep 30, 2023 | 13.19% |
| Jul 1, 2023 | 9.21% |
| Apr 1, 2023 | 14.64% |
| Dec 31, 2022 | 14.66% |
| Oct 1, 2022 | 11.34% |
| Jul 2, 2022 | 13.40% |
| Apr 2, 2022 | 14.18% |
| Jan 1, 2022 | 12.70% |
| Oct 2, 2021 | 15.44% |