Td Synnex (SNX) Tax Rate (2010 - 2026)
Td Synnex's (SNX) quarterly Tax Rate came in at 22.29% in Q2 2026, down 3.0% YoY from 22.98% in Q2 2025, and down 1.39% on a QoQ basis from 22.61% in Q1 2026.
Analysis
Td Synnex (SNX) Tax Rate (2010 - 2026) Analysis & Trends
Td Synnex (SNX) has 17 years of Tax Rate data on file, last reported at 22.29% in Q2 2026.
- Quarterly Tax Rate fell 3.0% year-over-year to 22.29% in Q2 2026, while the trailing twelve-month figure through May 2026 was 22.0% (up 167.0% YoY) and the FY2025 annual result came in at 21.72%, up 128.0% from the prior year.
- Tax Rate eased to 22.29% in Q2 2026, from 22.61% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.98% in Q2 2022 to a low of 16.59% in Q4 2022.
- A 5-year average of 21.32% and a median of 22.16% in 2026 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 3885 bps in 2022, down 457 bps in 2022.
- Tracing SNX's Tax Rate over 5 years: 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 climbed by 11 bps to 22.29% in 2026.
- The last three Tax Rate figures came in at 22.29% (Q2 2026), 22.61% (Q1 2026), and 20.13% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 20.09 Bn | 19.00 Bn | 1.34 Bn | 22.29% |
| 2 | Arrow Electronics | 10.67 Bn | 10.42 Bn | 1.13 Bn | 22.74% |
| 3 | Avnet | 7.38 Bn | 7.22 Bn | 865.03 Mn | 20.97% |
| 4 | Insight Enterprises | 4.58 Bn | 4.22 Bn | 521.60 Mn | 27.04% |
| 5 | Pc Connection | 2.04 Bn | 1.70 Bn | 157.47 Mn | 27.16% |
| 6 | Scansource | 1.22 Bn | 1.13 Bn | 119.85 Mn | 23.01% |
| 7 | Climb Global Solutions | 500.40 Mn | 443.83 Mn | 30.16 Mn | 26.84% |
| 8 | Surge Components | 22.94 Mn | 7.91 Mn | 2.89 Mn | 28.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 22.29% |
| Feb 28, 2026 | 22.61% |
| Nov 30, 2025 | 20.13% |
| Aug 31, 2025 | 22.66% |
| May 31, 2025 | 22.33% |
| Feb 28, 2025 | 22.03% |
| Nov 30, 2024 | 17.86% |
| Aug 31, 2024 | 19.17% |
| May 31, 2024 | 22.02% |
| Feb 29, 2024 | 23.09% |
| Nov 30, 2023 | 17.42% |
| Aug 31, 2023 | 18.16% |
| May 31, 2023 | 23.70% |
| Feb 28, 2023 | 23.32% |
| Nov 30, 2022 | 16.59% |
| Aug 31, 2022 | 20.65% |
| May 31, 2022 | 24.98% |
| Feb 28, 2022 | 24.74% |
| Nov 30, 2021 | -22.26% |
| Aug 31, 2021 | 25.21% |