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 30.05 Bn 26.07 Bn 2.22 Bn 20.89%
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 10.77%
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 23.63%
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 28.84%
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 22.29%
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 21.99%
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 32.34%
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 11.46%
10 Simply Good Foods 924.59 Mn 800.71 Mn 116.10 Mn 2.69%

Historic Data

Download Data
DateValue
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%