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| Date | Value |
|---|---|
| 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 |