Franklin Street Properties (FSP) Tax Rate (2009 - 2023)
Franklin Street Properties (FSP) recorded Tax Rate of -0.04% in Q3 2025, up 0.32 percentage points from -0.36% a year earlier and up 1.02 percentage points from the prior quarter.
Franklin Street Properties (FSP) Tax Rate (2009 - 2023) Analysis & Trends
On a TTM basis, Franklin Street Properties' Tax Rate came in at -0.42% as of Sep 30, 2025, up 0.15 percentage points year-over-year; for FY2024, it was -0.41%, up 0.17 percentage points from FY2023.
- Annual Tax Rate has a five-year change of -4.40 percentage points (FY2019 to FY2024).
- Across earlier years, Tax Rate came in at -0.58% in FY2023 (-16.30 pp), 15.72% in FY2022 (+15.03 pp), 0.69% in FY2021 (-0.07 pp) and 0.76% in FY2020 (-3.23 pp).
- The Q3 2025 figure is the highest quarterly Tax Rate since Q4 2023.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -0.29 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 5.66 percentage points in Q3 2021, against a drop of 3.48 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.05% (Q2 2025), -0.24% (Q1 2025) and -0.64% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 8.78% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 6.51% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 0.54% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 0.34% |
| 10 | Franklin Street Properties | 35.25 Mn | -88.97 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.84% |
| Mar 31, 2023 | 2.71% |
| Sep 30, 2022 | 0.36% |
| Dec 31, 2021 | 0.59% |
| Sep 30, 2021 | 1.25% |
| Jun 30, 2021 | 0.35% |
| Dec 31, 2020 | 0.13% |
| Sep 30, 2018 | 0.76% |
| Jun 30, 2018 | 10.14% |
| Mar 31, 2018 | 5.44% |
| Sep 30, 2017 | 4.99% |
| Mar 31, 2017 | 2.71% |
| Dec 31, 2016 | 5.05% |
| Sep 30, 2016 | 4.54% |
| Jun 30, 2016 | 6.44% |
| Mar 31, 2016 | 3.66% |
| Sep 30, 2015 | 3.92% |
| Jun 30, 2015 | 3.80% |
| Mar 31, 2015 | 1.27% |
| Dec 31, 2014 | 2.16% |
Franklin Street Properties 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=FSP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FSP", "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=FSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();