New Royal Holdco I (GDEN) Tax Rate (2010 - 2025)

New Royal Holdco I's (GDEN) quarterly Tax Rate came in at 13.4% in Q4 2025, down 1379.0% year-on-year from 1.05% in Q4 2024, and down 60.6% quarter-over-quarter from 34.01% in Q3 2025.

New Royal Holdco I (GDEN) Tax Rate (2010 - 2025) Analysis & Trends

New Royal Holdco I's Tax Rate history runs 14 years deep, the most recent figure standing at 13.4% for Q4 2025.

  • On a quarterly basis, Tax Rate fell 1379.0% year-over-year to 13.4% in Q4 2025; TTM through Dec 2025 was 33.84%, a 353.0% increase from a year earlier, with the FY2025 full-year figure at 33.84%, up 353.0% from the prior year.
  • Tax Rate slipped to 13.4% in Q4 2025 per GDEN's latest filing, from 34.01% in the prior quarter.
  • Across five years, Tax Rate topped out at 519.74% in Q3 2024 and bottomed at 105.07% in Q1 2022.
  • The 5-year median for Tax Rate is 20.61% (2023), against an average of 32.25%.
  • Across the five-year window, Tax Rate soared 49795 bps in 2024 and plunged 48573 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 0.37% in 2021, then surged by 9739 bps to 35.93% in 2022, then plunged by 175 bps to 26.92% in 2023, then surged by 201 bps to 27.19% in 2024, then tumbled by 51 bps to 13.4% in 2025.
  • Per Business Quant, the three latest GDEN Tax Rate figures stand at 13.4% (Q4 2025), 34.01% (Q3 2025), and 10.58% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 14.30
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 13.58
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 6.29
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 23.88
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -9.13
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -16.90
7 Vail Resorts 5.23 Bn 5.21 Bn - 23.69
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 8.11
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 13.69
10 New Royal Holdco I 747.58 Mn 692.25 Mn 122.20 Mn 13.40

Historic Data

Download Data
DateValue
Dec 31, 2025 13.40
Dec 31, 2025 13.40
Dec 31, 2025 13.40
Sep 30, 2025 34.01
Sep 30, 2025 34.01
Sep 30, 2025 34.01
Jun 30, 2025 -10.58
Jun 30, 2025 -10.58
Jun 30, 2025 -10.58
Mar 31, 2025 30.00
Mar 31, 2025 30.00
Mar 31, 2025 30.00
Dec 31, 2024 27.19
Dec 31, 2024 27.19
Dec 31, 2024 27.19
Sep 30, 2024 519.74
Sep 30, 2024 519.74
Sep 30, 2024 519.74
Jun 30, 2024 -30.06
Jun 30, 2024 -30.06