Hennessy Advisors (HNNA) Tax Rate (2010 - 2026)
Hennessy Advisors posted quarterly Tax Rate of 27.82% for Q1 2026, up 45.0% year-on-year from 19.18% in Q1 2025, and down 0.51% on a QoQ basis from 27.96% in Q4 2025.
Hennessy Advisors (HNNA) has 17 years of Tax Rate data on file, last reported at 27.82% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 45.0% year-over-year to 27.82%; the trailing twelve-month figure through Mar 2026 stood at 18.63% (down 95.0% YoY), and the FY2025 full-year result was 20.18%, up 415.0% from the prior year.
- Tax Rate for Q1 2026 stood at 27.82%, down from 27.96% in the prior quarter.
- Across five years, Tax Rate topped out at 31.34% in Q3 2023 and bottomed at 43.07% in Q3 2022.
- The 5-year median for Tax Rate is 27.16% (2022), against an average of 19.34%.
- The widest annual swing landed in 2022, when Tax Rate tumbled 7344 bps; it then jumped 7440 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 25.84% in 2022, then grew by 4 bps to 27.01% in 2023, then grew by 6 bps to 28.56% in 2024, then declined by 2 bps to 27.96% in 2025, then retreated by 1 bps to 27.82% in 2026.
- The last three Tax Rate figures came in at 27.82% (Q1 2026), 27.96% (Q4 2025), and 6.28% (Q3 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 | Hennessy Advisors | 78.18 Mn | 7.14 Mn | - | 27.82 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.82 |
| Mar 31, 2026 | 27.82 |
| Dec 31, 2025 | 27.96 |
| Dec 31, 2025 | 27.96 |
| Sep 30, 2025 | -6.28 |
| Sep 30, 2025 | -6.28 |
| Jun 30, 2025 | 28.37 |
| Jun 30, 2025 | 28.37 |
| Mar 31, 2025 | 27.36 |
| Mar 31, 2025 | 27.36 |
| Dec 31, 2024 | 28.56 |
| Dec 31, 2024 | 28.56 |
| Sep 30, 2024 | -7.27 |
| Sep 30, 2024 | -7.27 |
| Jun 30, 2024 | 27.22 |
| Jun 30, 2024 | 27.22 |
| Mar 31, 2024 | 27.43 |
| Mar 31, 2024 | 27.43 |
| Dec 31, 2023 | 27.01 |
| Dec 31, 2023 | 27.01 |
| Sep 30, 2023 | 31.34 |
| Sep 30, 2023 | 31.34 |
| Jun 30, 2023 | 26.96 |
| Jun 30, 2023 | 26.96 |
| Mar 31, 2023 | 25.78 |
| Mar 31, 2023 | 25.78 |
| Dec 31, 2022 | 25.84 |
| Dec 31, 2022 | 25.84 |
| Sep 30, 2022 | -43.07 |
| Sep 30, 2022 | -43.07 |
| Jun 30, 2022 | 27.16 |
| Jun 30, 2022 | 27.16 |
| Mar 31, 2022 | 26.65 |
| Mar 31, 2022 | 26.65 |
| Dec 31, 2021 | 16.13 |
| Dec 31, 2021 | 16.13 |
| Sep 30, 2021 | 30.37 |
| Sep 30, 2021 | 30.37 |
| Jun 30, 2021 | 26.11 |
| Jun 30, 2021 | 26.11 |
| Mar 31, 2021 | 26.41 |
| Mar 31, 2021 | 26.41 |
| Dec 31, 2020 | 26.43 |
| Dec 31, 2020 | 26.43 |
| Sep 30, 2020 | 36.51 |
| Sep 30, 2020 | 36.51 |
| Jun 30, 2020 | 22.29 |
| Jun 30, 2020 | 22.29 |
| Mar 31, 2020 | 28.75 |
| Mar 31, 2020 | 28.75 |
| Dec 31, 2019 | 27.00 |
| Dec 31, 2019 | 27.00 |
| Sep 30, 2019 | 28.87 |
| Sep 30, 2019 | 28.87 |
| Jun 30, 2019 | 27.00 |
| Jun 30, 2019 | 27.00 |
| Mar 31, 2019 | 22.52 |
| Mar 31, 2019 | 22.52 |
| Dec 31, 2018 | 29.87 |
| Dec 31, 2018 | 29.87 |
| Sep 30, 2018 | 32.45 |
| Sep 30, 2018 | 32.45 |
| Jun 30, 2018 | 27.97 |
| Jun 30, 2018 | 27.97 |
| Mar 31, 2018 | 23.82 |
| Mar 31, 2018 | 23.82 |
| Dec 31, 2017 | -33.19 |
| Dec 31, 2017 | -33.19 |
| Sep 30, 2017 | 38.36 |
| Sep 30, 2017 | 38.36 |
| Jun 30, 2017 | 33.91 |
| Jun 30, 2017 | 33.91 |
| Mar 31, 2017 | 37.80 |
| Mar 31, 2017 | 37.80 |
| Dec 31, 2016 | -3.35 |
| Dec 31, 2016 | -3.35 |
| Sep 30, 2016 | 37.47 |
| Sep 30, 2016 | 37.47 |
| Jun 30, 2016 | 33.49 |
| Jun 30, 2016 | 33.49 |
| Mar 31, 2016 | 36.18 |
| Mar 31, 2016 | 36.18 |
| Dec 31, 2015 | 38.14 |
| Dec 31, 2015 | 38.14 |
| Sep 30, 2015 | 16.90 |
| Sep 30, 2015 | 16.90 |
| Jun 30, 2015 | 39.25 |
| Jun 30, 2015 | 39.25 |
| Mar 31, 2015 | 37.81 |
| Mar 31, 2015 | 37.81 |
| Dec 31, 2014 | 40.94 |
| Dec 31, 2014 | 40.94 |
| Sep 30, 2014 | 38.39 |
| Sep 30, 2014 | 38.39 |
| Jun 30, 2014 | 40.45 |
| Jun 30, 2014 | 40.45 |
| Mar 31, 2014 | 39.22 |
| Mar 31, 2014 | 39.22 |
| Dec 31, 2013 | 48.50 |
| Dec 31, 2013 | 48.50 |
| Sep 30, 2013 | -9.09 |
| Sep 30, 2013 | -9.09 |
| Jun 30, 2013 | 40.41 |
| Jun 30, 2013 | 40.41 |
| Mar 31, 2013 | 40.43 |
| Mar 31, 2013 | 40.43 |
| Dec 31, 2012 | 43.22 |
| Dec 31, 2012 | 43.22 |
| Sep 30, 2012 | 42.10 |
| Sep 30, 2012 | 42.10 |
| Jun 30, 2012 | 41.73 |
| Jun 30, 2012 | 41.73 |
| Mar 31, 2012 | 42.39 |
| Mar 31, 2012 | 42.39 |
| Dec 31, 2011 | 52.35 |
| Dec 31, 2011 | 52.35 |
| Sep 30, 2011 | 42.14 |
| Sep 30, 2011 | 42.14 |
| Jun 30, 2011 | 41.53 |
| Jun 30, 2011 | 41.53 |
| Mar 31, 2011 | 41.24 |
| Mar 31, 2011 | 41.24 |
| Dec 31, 2010 | 41.92 |
| Dec 31, 2010 | 41.92 |
| Sep 30, 2010 | 40.43 |
| Sep 30, 2010 | 40.43 |
| Jun 30, 2010 | 42.83 |
| Jun 30, 2010 | 42.83 |
| Mar 31, 2010 | 43.73 |
| Mar 31, 2010 | 43.73 |