Pricesmart (PSMT) Tax Rate (2010 - 2026)
Pricesmart (PSMT) reported Tax Rate of 26.39% for Q1 2026, down 85.0% on a YoY basis from 175.91% in Q1 2025, and down 5.36% quarter-over-quarter from 27.88% in Q4 2025.
Pricesmart (PSMT) Tax Rate (2010 - 2026) Analysis & Trends
Pricesmart has reported Tax Rate for 17 years, with the latest figure at 26.39% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 85.0% year-over-year to 26.39%; the trailing twelve-month figure through Feb 2026 stood at 28.4% (down 16.0% YoY), and the FY2025 full-year result was 28.39%, down 270.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.39%, down from 27.88% in the prior quarter.
- The five-year high for Tax Rate was 49.89% in Q3 2023, with the low at 26.39% in Q1 2026.
- Historically, Tax Rate has averaged 31.62% across 5 years, with a median of 30.84% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate soared 1566 bps — and 2024, when it tumbled 1945 bps.
- Pricesmart's Tax Rate stood at 33.27% in 2022, then decreased by 3 bps to 32.34% in 2023, then slipped by 18 bps to 26.5% in 2024, then advanced by 5 bps to 27.88% in 2025, then decreased by 5 bps to 26.39% in 2026.
- The last three Tax Rate figures came in at 26.39% (Q1 2026), 27.88% (Q4 2025), and 31.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 23.20% |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 25.21% |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 24.39% |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | 21.85% |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 24.89% |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 27.01% |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 26.39% |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 17.21% |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | -2.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 26.39% |
| Feb 28, 2026 | 26.39% |
| Nov 30, 2025 | 27.88% |
| Nov 30, 2025 | 27.88% |
| Aug 31, 2025 | 31.98% |
| Aug 31, 2025 | 31.98% |
| May 31, 2025 | 28.36% |
| May 31, 2025 | 28.36% |
| Feb 28, 2025 | 27.23% |
| Feb 28, 2025 | 27.23% |
| Nov 30, 2024 | 26.50% |
| Nov 30, 2024 | 26.50% |
| Aug 31, 2024 | 30.43% |
| Aug 31, 2024 | 30.43% |
| May 31, 2024 | 30.84% |
| May 31, 2024 | 30.84% |
| Feb 29, 2024 | 30.54% |
| Feb 29, 2024 | 30.54% |
| Nov 30, 2023 | 32.34% |
| Nov 30, 2023 | 32.34% |