Pricesmart (PSMT) Tax Rate (2010 - 2026)
Pricesmart's (PSMT) quarterly Tax Rate came in at 28.01% in Q2 2026, down 35.0% on a YoY basis from 43.1% in Q2 2025, and up 6.17% quarter-over-quarter from 26.39% in Q1 2026.
Analysis
Pricesmart (PSMT) Tax Rate (2010 - 2026) Analysis & Trends
Pricesmart (PSMT) has reported Tax Rate for 17 consecutive years, with 28.01% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 35.0% year-over-year to 28.01%; the trailing twelve-month figure through May 2026 stood at 28.32% (up 33.0% YoY), and the FY2025 full-year result was 28.39%, down 270.0% from the prior year.
- Tax Rate rose to 28.01% in Q2 2026 per PSMT's latest filing, from 26.39% in the prior quarter.
- Across five years, Tax Rate topped out at 49.89% in Q3 2023 and bottomed at 26.39% in Q1 2026.
- Historically, Tax Rate has averaged 31.42% across 5 years, with a median of 30.69% in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1566 bps in 2023, then plunged 1945 bps in 2024.
- Over 5 years, Tax Rate stood at 33.27% in 2022, then dropped by 3 bps to 32.34% in 2023, then declined by 18 bps to 26.5% in 2024, then grew by 5 bps to 27.88% in 2025, then gained by 0 bps to 28.01% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.01%, 26.39%, and 27.88% 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 | Costco Wholesale | 400.60 Bn | 380.60 Bn | 9.01 Bn | 25.39% |
| 2 | BJ's Wholesale Club Holdings | 11.43 Bn | 11.40 Bn | 1.11 Bn | 27.34% |
| 3 | Pricesmart | 5.13 Bn | 4.81 Bn | 262.22 Mn | 28.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 28.01% |
| Feb 28, 2026 | 26.39% |
| Nov 30, 2025 | 27.88% |
| Aug 31, 2025 | 31.98% |
| May 31, 2025 | 28.36% |
| Feb 28, 2025 | 27.23% |
| Nov 30, 2024 | 26.50% |
| Aug 31, 2024 | 30.43% |
| May 31, 2024 | 30.84% |
| Feb 29, 2024 | 30.54% |
| Nov 30, 2023 | 32.34% |
| Aug 31, 2023 | 49.89% |
| May 31, 2023 | 28.91% |
| Feb 28, 2023 | 34.05% |
| Nov 30, 2022 | 33.27% |
| Aug 31, 2022 | 34.23% |
| May 31, 2022 | 33.69% |
| Feb 28, 2022 | 31.00% |
| Nov 30, 2021 | 34.12% |
| Aug 31, 2021 | 35.49% |