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| Date | Value |
|---|---|
| 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% |