Bgc (BGC) Tax Rate (2010 - 2026)
Bgc (BGC) posted quarterly Tax Rate of 27.7% for Q1 2026, down 549.0% YoY from 6.17% in Q1 2025, and down 51.1% sequentially from 56.66% in Q4 2025.
Bgc (BGC) Tax Rate (2010 - 2026) Analysis & Trends
Bgc has disclosed Tax Rate across 17 years of filings, most recently posting 27.7% for Q1 2026.
- In Q1 2026, Tax Rate fell 549.0% year-over-year to 27.7%; the TTM figure through Mar 2026 stood at 29.15% (down 74.0% YoY), while the FY2025 annual figure was 31.44%, up 261.0% from the prior year.
- Tax Rate fell to 27.7% in Q1 2026, from 56.66% in the prior quarter.
- Over the last five years, Tax Rate for BGC reached as high as 56.8% in Q3 2022 and fell as low as 134.86% in Q4 2023.
- The 5-year median for Tax Rate is 30.42% (2024), against an average of 14.08%.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 13913 bps — and 2024, when it soared 14912 bps.
- A 5-year view of Tax Rate shows it stood at 123.9% in 2022, then slipped by 9 bps to 134.86% in 2023, then surged by 111 bps to 14.25% in 2024, then soared by 298 bps to 56.66% in 2025, then sank by 51 bps to 27.7% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.7%, 56.66%, and 22.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 13.20% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 22.24% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -16.38% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 15.82% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 26.45% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 23.03% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 2.47% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.46% |
| 10 | Bgc | 5.15 Bn | 4.55 Bn | - | 27.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.70% |
| Mar 31, 2026 | 27.70% |
| Dec 31, 2025 | 56.66% |
| Dec 31, 2025 | 56.66% |
| Sep 30, 2025 | 22.19% |
| Sep 30, 2025 | 22.19% |
| Jun 30, 2025 | 25.32% |
| Jun 30, 2025 | 25.32% |
| Mar 31, 2025 | 33.20% |
| Mar 31, 2025 | 33.20% |
| Dec 31, 2024 | 14.25% |
| Dec 31, 2024 | 14.25% |
| Sep 30, 2024 | 30.42% |
| Sep 30, 2024 | 30.42% |
| Jun 30, 2024 | 32.61% |
| Jun 30, 2024 | 32.61% |
| Mar 31, 2024 | 31.02% |
| Mar 31, 2024 | 31.02% |
| Dec 31, 2023 | -134.86% |
| Dec 31, 2023 | -134.86% |