Simply Good Foods (SMPL) Tax Rate (2016 - 2026)
Simply Good Foods (SMPL) posted Tax Rate of 2.69% for Q2 2026, down 89.96% on a QoQ basis from 26.75% in Q1 2026, and down 2223.0% year-over-year from 0.13% in Q2 2025.
Simply Good Foods (SMPL) Tax Rate (2016 - 2026) Analysis & Trends
Simply Good Foods' Tax Rate history runs 11 years deep, the most recent figure standing at 2.69% for 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 was 2.69% for Q2 2026 at Simply Good Foods, down from 26.75% in the prior quarter.
- Across five years, Tax Rate topped out at 35.7% in Q1 2022 and bottomed at 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.
- Peak annual rise in Tax Rate reached 7439 bps in 2022, while the deepest fall reached 4925 bps in 2022.
- Simply Good Foods' Tax Rate stood at 21.28% in 2022, then advanced by 15 bps to 24.51% in 2023, then declined by 18 bps to 20.04% in 2024, then advanced by 26 bps to 25.28% in 2025, then plunged by 89 bps to 2.69% in 2026.
- Business Quant data shows SMPL's Tax Rate at 2.69% in Q2 2026, 26.75% in Q1 2026, and 25.28% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 20.89 |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 10.77 |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 23.63 |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 28.84 |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 22.29 |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 21.99 |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 32.34 |
| 10 | Simply Good Foods | 919.64 Mn | 795.76 Mn | 116.10 Mn | 2.69 |
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 |