Cadre Holdings (CDRE) Tax Rate (2020 - 2025)
Cadre Holdings (CDRE) recorded Tax Rate of 26.29% in Q3 2025, down 0.46 percentage points from 26.75% a year earlier and down 2.75 percentage points from the prior quarter.
Cadre Holdings (CDRE) Tax Rate (2020 - 2025) Analysis & Trends
On a TTM basis, Cadre Holdings' Tax Rate came in at 32.64% as of Sep 30, 2025, up 7.20 percentage points year-over-year; for FY2024, it was 33.36%, up 6.37 percentage points from FY2023.
- Annual Tax Rate has a four-year change of +71.30 percentage points (FY2020 to FY2024).
- Across earlier years, Tax Rate came in at 26.99% in FY2023 (-10.92 pp), 37.91% in FY2022 (+3.88 pp), 34.03% in FY2021 (+71.98 pp) and -37.95% in FY2020.
- The Q3 2025 figure is the lowest quarterly Tax Rate since Q1 2024.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -1.06 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 363.60 percentage points in Q4 2021, against a drop of 25.27 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.04% (Q2 2025), 26.65% (Q1 2025) and 42.85% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 14.53% |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 17.98% |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 17.56% |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 24.80% |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 6.34% |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 20.96% |
| 10 | Cadre Holdings | 1.06 Bn | 934.91 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 26.29% |
| Jun 30, 2025 | 29.04% |
| Mar 31, 2025 | 26.65% |
| Dec 31, 2024 | 42.85% |
| Sep 30, 2024 | 26.75% |
| Jun 30, 2024 | 28.65% |
| Mar 31, 2024 | 22.14% |
| Dec 31, 2023 | 22.72% |
| Sep 30, 2023 | 27.97% |
| Jun 30, 2023 | 27.78% |
| Mar 31, 2023 | 29.58% |
| Dec 31, 2022 | 47.99% |
| Sep 30, 2022 | 28.39% |
| Jun 30, 2022 | 25.44% |
| Dec 31, 2021 | 38.37% |
| Jun 30, 2021 | 26.85% |
| Mar 31, 2021 | 33.66% |
| Sep 30, 2020 | 6.25% |
Cadre Holdings 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=CDRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CDRE", "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=CDRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();