Growth Metrics

Beneficient (BENFW) Tax Rate (2021 - 2025)

Beneficient recorded quarterly Tax Rate of 0.24% in Q3 2025, down 116.49% quarter-over-quarter from 1.46% in Q1 2025.

Beneficient's Tax Rate history runs 5 years deep, the most recent figure standing at 0.24% for Q3 2025.

  • In Q3 2025, Tax Rate changed N/A year-over-year to 0.24%; the TTM figure through Dec 2025 stood at 0.41% (up 138.0% YoY), while the FY2025 annual figure was 11.07%, down 1104.0% from the prior year.
  • Tax Rate came in at 0.24% for Q3 2025 at Beneficient, down from 1.46% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 1.46% in Q1 2025 to a low of 7.5% in Q4 2024.
  • A 5-year average of 0.81% and a median of 0.24% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 749 bps in 2024 and surged 183 bps in 2025, its largest moves.
  • Beneficient's Tax Rate stood at 0.91% in 2021, then sank by 227 bps to 1.16% in 2022, then soared by 99 bps to 0.01% in 2023, then sank by 92318 bps to 7.5% in 2024, then soared by 97 bps to 0.24% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.24%, 1.46%, and 7.5% for Q3 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Beneficient - - - -

Historic Data

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DateValue
Sep 30, 2025 -0.24
Sep 30, 2025 -0.24
Mar 31, 2025 1.46
Mar 31, 2025 1.46
Dec 31, 2024 -7.50
Dec 31, 2024 -7.50
Jun 30, 2024 0.06
Jun 30, 2024 0.06
Mar 31, 2024 -0.37
Mar 31, 2024 -0.37
Dec 31, 2023 -0.01
Dec 31, 2023 -0.01
Sep 30, 2022 -1.16
Sep 30, 2022 -1.16
Jun 30, 2022 -0.44
Jun 30, 2022 -0.44
Mar 31, 2021 0.91
Mar 31, 2021 0.91