Hennessy Advisors (HNNAZ) Tax Rate (2010 - 2026)
Hennessy Advisors (HNNAZ) reported Tax Rate of 27.82% for Q1 2026, up 45.0% on a YoY basis from 19.18% in Q1 2025, and down 0.51% quarter-over-quarter from 27.96% in Q4 2025.
Hennessy Advisors (HNNAZ) Tax Rate (2010 - 2026) Analysis & Trends
Hennessy Advisors has reported Tax Rate for 17 years, with the latest figure 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.
- The five-year high for Tax Rate was 31.34% in Q3 2023, with the low at 43.07% in Q3 2022.
- Historically, Tax Rate has averaged 19.34% across 5 years, with a median of 27.16% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate sank 7344 bps — and 2023, when it jumped 7440 bps.
- Hennessy Advisors' Tax Rate stood at 25.84% in 2022, then climbed by 4 bps to 27.01% in 2023, then climbed by 6 bps to 28.56% in 2024, then dropped by 2 bps to 27.96% in 2025, then fell 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 | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Hennessy Advisors | - | - | - | 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% |