Td Synnex (SNX) Tax Rate (2010 - 2026)

Td Synnex (SNX) reported Tax Rate of 22.61% for Q1 2026, up 57.0% on a YoY basis from 14.4% in Q1 2025, and up 12.28% quarter-over-quarter from 20.13% in Q4 2025.

Td Synnex (SNX) Tax Rate (2010 - 2026) Analysis & Trends

Td Synnex has reported Tax Rate for 17 years, with the latest figure at 22.61% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 57.0% year-over-year to 22.61%; the trailing twelve-month figure through Feb 2026 stood at 21.96% (up 182.0% YoY), and the FY2025 full-year result was 21.72%, up 128.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.61%, up from 20.13% in the prior quarter.
  • The five-year high for Tax Rate was 24.98% in Q2 2022, with the low at 16.59% in Q4 2022.
  • Historically, Tax Rate has averaged 21.26% across 5 years, with a median of 22.03% in 2025.
  • The largest YoY upside for Tax Rate was 3885 bps in 2022 against a maximum downside of 457 bps in 2022.
  • Td Synnex's Tax Rate stood at 16.59% in 2022, then grew by 5 bps to 17.42% in 2023, then gained by 3 bps to 17.86% in 2024, then climbed by 13 bps to 20.13% in 2025, then gained by 12 bps to 22.61% in 2026.
  • The last three Tax Rate figures came in at 22.61% (Q1 2026), 20.13% (Q4 2025), and 22.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Td Synnex 22.21 Bn 20.64 Bn 1.25 Bn 22.61
2 Arrow Electronics 11.40 Bn 11.19 Bn 1.09 Bn 23.18
3 Avnet 7.25 Bn 7.04 Bn 739.06 Mn 32.89
4 Insight Enterprises 3.40 Bn 2.96 Bn 462.15 Mn 39.38
5 Pc Connection 1.80 Bn 1.39 Bn 132.74 Mn 26.98
6 Scansource 1.08 Bn 954.90 Mn 107.12 Mn 29.80
7 Climb Global Solutions 422.06 Mn 380.29 Mn 26.50 Mn 19.18
8 Iczoom 5.33 Mn -3.05 Mn - -
9 Surge Components - - 2.41 Mn -103.13

Historic Data

Download Data
DateValue
Feb 28, 2026 22.61%
Feb 28, 2026 22.61%
Nov 30, 2025 20.13%
Nov 30, 2025 20.13%
Aug 31, 2025 22.66%
Aug 31, 2025 22.66%
May 31, 2025 22.33%
May 31, 2025 22.33%
Feb 28, 2025 22.03%
Feb 28, 2025 22.03%
Nov 30, 2024 17.86%
Nov 30, 2024 17.86%
Aug 31, 2024 19.17%
Aug 31, 2024 19.17%
May 31, 2024 22.02%
May 31, 2024 22.02%
Feb 29, 2024 23.09%
Feb 29, 2024 23.09%
Nov 30, 2023 17.42%
Nov 30, 2023 17.42%