Barclays (BCS) Tax Rate (2011 - 2023)
Barclays (BCS) recorded Tax Rate of -53.72% in Q2 2026, down 31.50 percentage points from -22.22% a year earlier and down 31.05 percentage points from the prior quarter.
Barclays (BCS) Tax Rate (2011 - 2023) Analysis & Trends
On a TTM basis, Barclays' Tax Rate came in at -31.36% as of Jun 30, 2026, down 9.03 percentage points year-over-year; for FY2025, it came in at -21.07%, up 0.53 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -1.37 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -21.61% in FY2024 (-2.79 pp), -18.82% in FY2023 (-4.00 pp), -14.82% in FY2022 (-0.93 pp) and -13.89% in FY2021 (+5.82 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q3 2019.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -9.39 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 18.39 percentage points in Q4 2023, against a drop of 47.88 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -22.67% (Q1 2026), -20.87% (Q4 2025) and -17.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 901.39 Bn | 901.39 Bn | - | 23.12% |
| 2 | Bank Of America | 385.63 Bn | -1,990.44 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 330.38 Bn | -1,498.78 Bn | - | 60.94% |
| 4 | Morgan Stanley | 292.94 Bn | -216.15 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 274.15 Bn | -555.89 Bn | - | 22.26% |
| 6 | Goldman Sachs | 269.96 Bn | -3,287.16 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 255.69 Bn | -39.25 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.52 Bn | 249.52 Bn | - | 17.42% |
| 9 | American Express | 208.96 Bn | 784.61 Mn | - | 23.61% |
| 10 | Barclays | 81.44 Bn | -1,605.68 Bn | - | 61.72% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 20.91% |
| Dec 31, 2022 | 2.52% |
| Dec 31, 2016 | 15.15% |
| Mar 31, 2015 | 12.11% |
| Dec 31, 2014 | 0.80% |
| Sep 30, 2014 | 4.60% |
| Mar 31, 2014 | 7.54% |
| Jun 30, 2013 | 21.80% |
| Sep 30, 2011 | 120.33% |
| Jun 30, 2011 | 25.97% |
Barclays 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=BCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BCS", "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=BCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();