Cadre Holdings (CDRE) Tax Rate (2020 - 2025)
Cadre Holdings' (CDRE) quarterly Tax Rate came in at 26.29% in Q3 2025, down 46.0% on a YoY basis from 48.69% in Q3 2024, and down 9.47% quarter-over-quarter from 29.04% in Q2 2025.
Analysis
Cadre Holdings (CDRE) Tax Rate (2020 - 2025) Analysis & Trends
Cadre Holdings (CDRE) has reported Tax Rate for 6 consecutive years, with 26.29% the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Tax Rate fell 46.0% year-over-year to 26.29%; the trailing twelve-month figure through Sep 2025 stood at 35.71% (up 979.0% YoY), and the FY2024 full-year result was 37.16%, up 978.0% from the prior year.
- Tax Rate retreated to 26.29% in Q3 2025 per CDRE's latest filing, from 29.04% in the prior quarter.
- Across five years, Tax Rate topped out at 206.7% in Q4 2021 and bottomed at 22.14% in Q1 2024.
- Historically, Tax Rate has averaged 40.24% across 5 years, with a median of 28.39% in 2022.
- The sharpest annual moves came in 2021 and 2024: Tax Rate sank 39381 bps in 2021, then soared 2752 bps in 2024.
- Over 5 years, Tax Rate stood at 206.7% in 2021, then tumbled by 73 bps to 56.56% in 2022, then plunged by 57 bps to 24.41% in 2023, then jumped by 113 bps to 51.93% in 2024, then slumped by 49 bps to 26.29% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 26.29%, 29.04%, and 26.65% for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 15.70% |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 17.56% |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 24.80% |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 6.34% |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 15.49% |
| 6 | Elbit Systems | 32.88 Bn | 31.92 Bn | 579.01 Mn | -16.44% |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 21.66% |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 22.20% |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 21.06% |
| 10 | Cadre Holdings | 1.25 Bn | 1.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 26.29% |
| Jun 30, 2025 | 29.04% |
| Mar 31, 2025 | 26.65% |
| Dec 31, 2024 | 51.93% |
| Sep 30, 2024 | 26.75% |
| Jun 30, 2024 | 28.65% |
| Mar 31, 2024 | 22.14% |
| Dec 31, 2023 | 24.41% |
| Sep 30, 2023 | 27.97% |
| Jun 30, 2023 | 27.78% |
| Mar 31, 2023 | 29.58% |
| Dec 31, 2022 | 56.56% |
| Sep 30, 2022 | 28.39% |
| Jun 30, 2022 | 25.44% |
| Mar 31, 2022 | 37.16% |
| Dec 31, 2021 | 206.70% |
| Sep 30, 2021 | 28.58% |
| Jun 30, 2021 | 26.85% |
| Mar 31, 2021 | 33.66% |
| Dec 31, 2020 | 600.51% |