Equus Total Return (EQS) Tax Rate (2021 - 2025)

Equus Total Return posted quarterly Tax Rate of 3.82% for Q4 2025, up 192.0% year-on-year from 1.31% in Q4 2024, and up 135.62% on a QoQ basis from 10.71% in Q3 2025.

Equus Total Return (EQS) has 5 years of Tax Rate data on file, last reported at 3.82% in Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate rose 192.0% year-over-year to 3.82%; the trailing twelve-month figure through Dec 2025 stood at 3.42% (up 259.0% YoY), and the FY2025 full-year result was 3.48%, up 31.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 3.82%, up from 10.71% in the prior quarter.
  • Across five years, Tax Rate topped out at 5.58% in Q1 2024 and bottomed at 10.71% in Q3 2025.
  • The 5-year median for Tax Rate is 0.1% (2023), against an average of 0.06%.
  • Peak annual rise in Tax Rate reached 192 bps in 2025, while the deepest fall reached 1156 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.29% in 2021, then plunged by 48 bps to 0.43% in 2022, then soared by 122 bps to 0.1% in 2023, then soared by 1885 bps to 1.89% in 2024, then jumped by 102 bps to 3.82% in 2025.
  • The last three Tax Rate figures came in at 3.82% (Q4 2025), 10.71% (Q3 2025), and 0.97% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Equus Total Return 20.28 Mn 9.68 Mn 244,000.00 3.82

Historic Data

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DateValue
Dec 31, 2025 3.82
Dec 31, 2025 3.82
Sep 30, 2025 -10.71
Sep 30, 2025 -10.71
Mar 31, 2025 0.97
Mar 31, 2025 0.97
Dec 31, 2024 1.89
Dec 31, 2024 1.89
Sep 30, 2024 0.84
Sep 30, 2024 0.84
Mar 31, 2024 5.58
Mar 31, 2024 5.58
Dec 31, 2023 0.10
Dec 31, 2023 0.10
Sep 30, 2023 -0.27
Sep 30, 2023 -0.27
Jun 30, 2023 -0.82
Jun 30, 2023 -0.82
Sep 30, 2022 -0.43
Sep 30, 2022 -0.43
Mar 31, 2021 -0.29
Mar 31, 2021 -0.29