iHeartMedia (IHRT) Tax Rate (2013 - 2022)
iHeartMedia (IHRT) reported Tax Rate of -31.94% for Q2 2026, down 4.17 percentage points from -27.77% a year earlier and down 31.63 percentage points from the prior quarter.
iHeartMedia (IHRT) Tax Rate (2013 - 2022) Analysis & Trends
Over the twelve months ended Jun 30, 2026, iHeartMedia's Tax Rate came in at 32.15%, up 44.06 percentage points year-over-year; for FY2025, it was 0.38%, down 13.18 percentage points from FY2024.
- Tax Rate has a five-year change of -8.37 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 13.56% in FY2024 (+8.20 pp), 5.36% in FY2023 (+7.19 pp), -1.83% in FY2022 (+3.76 pp) and -5.59% in FY2021 (-14.34 pp).
- Five-year quarterly Tax Rate spans a low of -159.71% in Q4 2021 and a high of 174.14% in Q4 2023.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -34.27 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2022 (a gain of 336.01 percentage points); the low point was Q4 2021 (a drop of 249.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.30% (Q1 2026), -32.85% (Q4 2025) and 71.58% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | - |
| 2 | Fox | 28.87 Bn | 14.68 Bn | - | 24.43% |
| 3 | Omnicom | 22.69 Bn | 4.78 Bn | 1.30 Bn | 27.11% |
| 4 | News | 17.02 Bn | 8.51 Bn | - | 17.27% |
| 5 | Pearson | 11.88 Bn | 8.99 Bn | - | - |
| 6 | New York Times | 11.24 Bn | 8.72 Bn | 394.61 Mn | 25.40% |
| 7 | Sirius Xm Holdings | 9.17 Bn | 8.75 Bn | 1.44 Bn | 23.40% |
| 8 | Skydance | 7.82 Bn | 5.74 Bn | - | - |
| 9 | Wpp | 5.72 Bn | -6.32 Bn | - | - |
| 10 | iHeartMedia | 235.77 Mn | -536.93 Mn | 576.68 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 10.77% |
| Jun 30, 2022 | 10.50% |
| Dec 31, 2020 | 89.78% |
| Sep 30, 2019 | 57.52% |
| Jun 30, 2019 | 29.20% |
| Dec 31, 2018 | 11.47% |
| Sep 30, 2018 | 8.23% |
| Jun 30, 2018 | 130.34% |
| Jun 30, 2013 | 36.45% |
iHeartMedia 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=IHRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IHRT", "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=IHRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();