First Advantage (FA) Tax Rate (2020 - 2026)
Quarterly Tax Rate rose 4013.0% to 34.4% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 70.18% through Mar 2026, down 7067.0% year-over-year, with the annual reading at 6.52% for FY2025, 273.0% up from the prior year.
First Advantage filings provide 7 years of Tax Rate readings, the most recent being 34.4% for Q1 2026.
- Tax Rate hit 34.4% in Q1 2026 for First Advantage, down from 51.95% in the prior quarter.
- Across five years, Tax Rate topped out at 128.8% in Q4 2023 and bottomed at 44.46% in Q3 2025.
- Average Tax Rate over 5 years is 28.34%, with a median of 27.62% recorded in 2022.
- The largest annual shift saw Tax Rate surged 13936bps in 2023 before it plummeted -12458bps in 2024.
- First Advantage's Tax Rate stood at 10.56% in 2022, then surged by 1319bps to 128.8% in 2023, then crashed by -97bps to 4.22% in 2024, then surged by 1130bps to 51.95% in 2025, then plummeted by -34bps to 34.4% in 2026.
- Per Business Quant, the three most recent readings for FA's Tax Rate are 34.4% (Q1 2026), 51.95% (Q4 2025), and 44.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 20.55 |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 20.65 |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 24.81 |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 5.27 |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 21.71 |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 25.72 |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 30.77 |
| 10 | First Advantage | 2.62 Bn | 2.39 Bn | - | 34.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.40% |
| Mar 31, 2026 | 34.40% |
| Dec 31, 2025 | 51.95% |
| Dec 31, 2025 | 51.95% |
| Sep 30, 2025 | -44.46% |
| Sep 30, 2025 | -44.46% |
| Jun 30, 2025 | 104.22% |
| Jun 30, 2025 | 104.22% |
| Mar 31, 2025 | -5.73% |
| Mar 31, 2025 | -5.73% |
| Dec 31, 2024 | 4.22% |
| Dec 31, 2024 | 4.22% |
| Sep 30, 2024 | -9.68% |
| Sep 30, 2024 | -9.68% |
| Jun 30, 2024 | 27.02% |
| Jun 30, 2024 | 27.02% |
| Mar 31, 2024 | 32.31% |
| Mar 31, 2024 | 32.31% |
| Dec 31, 2023 | 128.80% |
| Dec 31, 2023 | 128.80% |
| Sep 30, 2023 | 31.18% |
| Sep 30, 2023 | 31.18% |
| Jun 30, 2023 | 28.86% |
| Jun 30, 2023 | 28.86% |
| Mar 31, 2023 | 26.13% |
| Mar 31, 2023 | 26.13% |
| Dec 31, 2022 | -10.56% |
| Dec 31, 2022 | -10.56% |
| Sep 30, 2022 | 28.05% |
| Sep 30, 2022 | 28.05% |
| Jun 30, 2022 | 27.62% |
| Jun 30, 2022 | 27.62% |
| Mar 31, 2022 | 27.50% |
| Mar 31, 2022 | 27.50% |
| Dec 31, 2021 | 43.44% |
| Dec 31, 2021 | 43.44% |
| Sep 30, 2021 | 17.26% |
| Sep 30, 2021 | 17.26% |
| Jun 30, 2021 | 44.83% |
| Jun 30, 2021 | 44.83% |
| Mar 31, 2021 | 18.62% |
| Mar 31, 2021 | 18.62% |
| Dec 31, 2020 | 290.69% |
| Dec 31, 2020 | 290.69% |
| Sep 30, 2020 | -45.56% |
| Sep 30, 2020 | -45.56% |
| Jun 30, 2020 | -17.61% |
| Jun 30, 2020 | -17.61% |