Simply Good Foods (SMPL) Tax Rate (2016 - 2026)
Simply Good Foods' (SMPL) quarterly Tax Rate came in at 2.69% in Q2 2026, down 2223.0% YoY from 0.13% in Q2 2025, and down 89.96% on a QoQ basis from 26.75% in Q1 2026.
Simply Good Foods (SMPL) Tax Rate (2016 - 2026) Analysis & Trends
Simply Good Foods (SMPL) has 11 years of Tax Rate data on file, last reported at 2.69% in Q2 2026.
- Quarterly Tax Rate fell 2223.0% year-over-year to 2.69% in Q2 2026, while the trailing twelve-month figure through May 2026 was 18.02% (down 641.0% YoY) and the FY2025 annual result came in at 23.76%, down 136.0% from the prior year.
- Tax Rate fell to 2.69% in Q2 2026, from 26.75% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.7% in Q1 2022 to a low of 2.69% in Q2 2026.
- A 5-year average of 23.33% and a median of 24.59% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 7439 bps in 2022, down 4925 bps in 2022.
- Tracing SMPL's Tax Rate over 5 years: stood at 21.28% in 2022, then rose by 15 bps to 24.51% in 2023, then slipped by 18 bps to 20.04% in 2024, then rose by 26 bps to 25.28% in 2025, then slumped by 89 bps to 2.69% in 2026.
- The last three Tax Rate figures came in at 2.69% (Q2 2026), 26.75% (Q1 2026), and 25.28% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.30 Bn | 27.62 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.35 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.94 Bn | 14.61 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 56.69% |
| 5 | J M Smucker | 13.25 Bn | 13.19 Bn | 862.10 Mn | -18.47% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 23.63% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.45 Bn | - | - |
| 8 | Darling Ingredients | 10.35 Bn | 10.19 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn | 21.40% |
| 10 | Simply Good Foods | 976.76 Mn | 852.87 Mn | 116.10 Mn | 5.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 30, 2026 | 2.69% |
| May 30, 2026 | 2.69% |
| May 30, 2026 | 2.69% |
| Feb 28, 2026 | 26.75% |
| Feb 28, 2026 | 26.75% |
| Feb 28, 2026 | 26.75% |
| Nov 29, 2025 | 25.28% |
| Nov 29, 2025 | 25.28% |
| Nov 29, 2025 | 25.28% |
| Aug 30, 2025 | 20.24% |
| Aug 30, 2025 | 20.24% |
| Aug 30, 2025 | 20.24% |
| May 31, 2025 | 24.92% |
| May 31, 2025 | 24.92% |
| May 31, 2025 | 24.92% |
| Mar 1, 2025 | 24.97% |
| Mar 1, 2025 | 24.97% |
| Mar 1, 2025 | 24.97% |
| Nov 30, 2024 | 20.04% |
| Nov 30, 2024 | 20.04% |