TAL Education (TAL) Tax Rate (2009 - 2023)
TAL Education (TAL) reported Tax Rate of -104.70% for the quarter ended May 31, 2026, down 27.48 percentage points from -77.22% a year earlier but up 1.48 percentage points from the prior quarter.
TAL Education (TAL) Tax Rate (2009 - 2023) Analysis & Trends
Over the twelve months ended May 31, 2026, TAL Education's Tax Rate came in at -71.95%, up 93.20 percentage points year-over-year; for the year ended Feb 28, 2026, it was -22.53%, up 6.48 percentage points from the prior year.
- Tax Rate has a five-year change of +8.59 percentage points (years ended Feb 2021 to Feb 2026).
- By year, Tax Rate came in at -29.01% in the year ended Feb 28, 2025 (+58.96 pp), -87.97% in the year ended Feb 29, 2024 (-106.20 pp), 18.24% in the year ended Feb 28, 2023 (-32.78 pp) and 51.02% in the year ended Feb 28, 2022 (+82.14 pp).
- Five-year quarterly Tax Rate spans a low of -155.75% in the quarter ended Feb 28, 2022 and a high of 126.96% in the quarter ended Nov 30, 2023.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -39.51 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Feb 28, 2023 (a gain of 198.70 percentage points); the low point was the quarter ended Feb 28, 2026 (a drop of 193.42 percentage points).
- Per Business Quant data, the three quarters before the quarter ended May 31, 2026 came in at -106.18% (quarter ended Feb 28, 2026), -16.44% (quarter ended Nov 30, 2025) and -53.15% (quarter ended Aug 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 25.14% |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | - |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | - |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 37.33% |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 11.06% |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 18.37% |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 24.07% |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 38.24% |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 21.88% |
| 10 | Onespaworld Holdings | 2.43 Bn | 2.33 Bn | 44.57 Mn | 0.96% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2023 | 31.51% |
| Aug 31, 2019 | 12.90% |
| May 31, 2019 | 5.35% |
| Feb 29, 2016 | 1,661.40% |
| Feb 29, 2012 | 88.24% |
| Feb 28, 2011 | 7.27% |
| Feb 28, 2010 | 8.30% |
| Nov 30, 2009 | 8.91% |
TAL Education Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();