Castor Maritime (CTRM) Tax Rate (2025)
Castor Maritime (CTRM) recorded Tax Rate of -0.73% in Q2 2026, down 1.90 percentage points from 1.17% a year earlier but up 9.63 percentage points from the prior quarter.
Castor Maritime (CTRM) Tax Rate (2025) Analysis & Trends
On a TTM basis, Castor Maritime's Tax Rate came in at -0.56% as of Jun 30, 2026, down 0.31 percentage points year-over-year; for FY2025, it came in at -1.44%, down 0.57 percentage points from FY2024.
- Annual Tax Rate has declined for five straight years, with a five-year change of -2.69 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -0.87% in FY2024 (-0.04 pp), -0.83% in FY2023 (-0.25 pp), -0.58% in FY2022 (-0.03 pp) and -0.55% in FY2021 (-1.80 pp).
- Quarterly Tax Rate has ranged from -10.36% in Q1 2026 to 7.98% in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -0.34 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 8.06 percentage points in Q3 2025, against a drop of 7.38 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -10.36% (Q1 2026), -0.08% (Q4 2025) and 7.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 22.00% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 24.09% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.65% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 20.63% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 23.46% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 24.21% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 20.16% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 25.00% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | - |
| 10 | Castor Maritime | 20.19 Mn | 133.40 Mn | 17.17 Mn | - |
Castor Maritime 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=CTRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CTRM", "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=CTRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();