Bimini Capital Management (BMNM) Tax Rate (2014 - 2026)
Bimini Capital Management (BMNM) reported Tax Rate of 72.40% for Q2 2026, up 52.40 percentage points from 20.00% a year earlier and up 51.10 percentage points from the prior quarter.
Bimini Capital Management (BMNM) Tax Rate (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bimini Capital Management's Tax Rate came in at 0.25%, down 128.83 percentage points year-over-year; for FY2025, it was -29.13%, down 201.31 percentage points from FY2024.
- Tax Rate has a five-year change of -49.55 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 172.17% in FY2024 (-2631.20 pp), 2803.38% in FY2023 (+2952.78 pp), -149.40% in FY2022 (-582.16 pp) and 432.76% in FY2021 (+412.34 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +111.18 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 1342.12 percentage points); the low point was Q4 2023 (a drop of 1917.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.30% (Q1 2026), -127.86% (Q4 2025) and 18.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Bimini Capital Management | 27.35 Mn | 30.55 Mn | - | 72.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.40% |
| Mar 31, 2026 | 21.30% |
| Sep 30, 2025 | 18.18% |
| Jun 30, 2025 | 20.00% |
| Mar 31, 2025 | 27.27% |
| Dec 31, 2024 | 358.65% |
| Sep 30, 2024 | 68.10% |
| Mar 31, 2024 | 65.57% |
| Jun 30, 2023 | 25.00% |
| Mar 31, 2023 | 25.25% |
| Dec 31, 2022 | 934.01% |
| Sep 30, 2021 | 31.63% |
| Mar 31, 2021 | 27.78% |
| Sep 30, 2020 | 31.58% |
| Jun 30, 2020 | 27.08% |
| Mar 31, 2019 | 25.79% |
| Sep 30, 2018 | 27.34% |
| Jun 30, 2018 | 28.13% |
| Sep 30, 2017 | 39.72% |
| Jun 30, 2017 | 39.60% |
Bimini Capital Management 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=BMNM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BMNM", "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=BMNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();