Plexus (PLXS) Tax Rate (2009 - 2026)
Plexus' (PLXS) quarterly Tax Rate came in at 13.94% in Q2 2026, up 61.0% YoY from 8.66% in Q2 2025, and down 27.78% on a QoQ basis from 19.3% in Q1 2026.
Plexus (PLXS) Tax Rate (2009 - 2026) Analysis & Trends
Plexus (PLXS) has 18 years of Tax Rate data on file, last reported at 13.94% in Q2 2026.
- Quarterly Tax Rate rose 61.0% year-over-year to 13.94% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 10.0% (down 312.0% YoY) and the FY2025 annual result came in at 8.05%, down 563.0% from the prior year.
- Tax Rate slipped to 13.94% in Q2 2026, from 19.3% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.3% in Q1 2026 to a low of 3.56% in Q3 2025.
- A 5-year average of 12.57% and a median of 13.65% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 783 bps — and 2025, when it tumbled 1279 bps.
- Tracing PLXS's Tax Rate over 5 years: stood at 14.66% in 2022, then rose by 10 bps to 16.07% in 2023, then declined by 11 bps to 14.25% in 2024, then plunged by 125 bps to 3.56% in 2025, then surged by 492 bps to 13.94% in 2026.
- The last three Tax Rate figures came in at 13.94% (Q2 2026), 19.3% (Q1 2026), and 3.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 378.62 Bn | 372.51 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.23 Bn | 127.73 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.62 Bn | 57.38 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.26 Bn | 37.42 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.38 Bn | 33.85 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.23 Bn | 31.87 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.93 Bn | 15.05 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.85 Bn | 11.33 Bn | 211.86 Mn | -2.22% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 23.63% |
| 10 | Plexus | 6.44 Bn | 6.13 Bn | 131.38 Mn | 23.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 23.92% |
| Jul 4, 2026 | 23.92% |
| Jul 4, 2026 | 23.92% |
| Apr 4, 2026 | 13.94% |
| Apr 4, 2026 | 13.94% |
| Apr 4, 2026 | 13.94% |
| Jan 3, 2026 | 19.30% |
| Jan 3, 2026 | 19.30% |
| Jan 3, 2026 | 19.30% |
| Sep 27, 2025 | -3.56% |
| Sep 27, 2025 | -3.56% |
| Sep 27, 2025 | -3.56% |
| Jun 28, 2025 | 9.43% |
| Jun 28, 2025 | 9.43% |
| Jun 28, 2025 | 9.43% |
| Mar 29, 2025 | 13.33% |
| Mar 29, 2025 | 13.33% |
| Mar 29, 2025 | 13.33% |
| Dec 28, 2024 | 14.25% |
| Dec 28, 2024 | 14.25% |