Pricesmart (PSMT) Tax Rate (2010 - 2026)
Pricesmart (PSMT) posted Tax Rate of 28.01% for Q2 2026, up 6.17% on a QoQ basis from 26.39% in Q1 2026, and down 35.0% year-over-year from 43.1% in Q2 2025.
Pricesmart (PSMT) Tax Rate (2010 - 2026) Analysis & Trends
Pricesmart's Tax Rate history runs 17 years deep, the most recent figure standing at 28.01% for Q2 2026.
- Quarterly Tax Rate fell 35.0% year-over-year to 28.01% in Q2 2026, while the trailing twelve-month figure through May 2026 was 28.32% (up 33.0% YoY) and the FY2025 annual result came in at 28.39%, down 270.0% from the prior year.
- Tax Rate was 28.01% for Q2 2026 at Pricesmart, up 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.
- A 5-year average of 31.42% and a median of 30.69% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate soared 1566 bps — and 2024, when it slumped 1945 bps.
- Pricesmart's 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.
- Business Quant data shows PSMT's Tax Rate at 28.01% in Q2 2026, 26.39% in Q1 2026, and 27.88% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 23.20% |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 25.21% |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 24.39% |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 21.85% |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 24.89% |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 27.01% |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 28.01% |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | -2.42% |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 16.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 28.01% |
| May 31, 2026 | 28.01% |
| May 31, 2026 | 28.01% |
| Feb 28, 2026 | 26.39% |
| Feb 28, 2026 | 26.39% |
| Feb 28, 2026 | 26.39% |
| Nov 30, 2025 | 27.88% |
| Nov 30, 2025 | 27.88% |
| Nov 30, 2025 | 27.88% |
| Aug 31, 2025 | 31.98% |
| Aug 31, 2025 | 31.98% |
| Aug 31, 2025 | 31.98% |
| May 31, 2025 | 28.36% |
| May 31, 2025 | 28.36% |
| May 31, 2025 | 28.36% |
| Feb 28, 2025 | 27.23% |
| Feb 28, 2025 | 27.23% |
| Feb 28, 2025 | 27.23% |
| Nov 30, 2024 | 26.50% |
| Nov 30, 2024 | 26.50% |