Grand Canyon Education (LOPE) Tax Rate (2010 - 2026)

Grand Canyon Education (LOPE) reported Tax Rate of 23.49% for Q1 2026, up 184.0% on a YoY basis from 8.27% in Q1 2025, and up 4.85% quarter-over-quarter from 22.41% in Q4 2025.

Grand Canyon Education (LOPE) Tax Rate (2010 - 2026) Analysis & Trends

Grand Canyon Education has reported Tax Rate for 17 years, with the latest figure at 23.49% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 184.0% year-over-year to 23.49%; the trailing twelve-month figure through Mar 2026 stood at 23.36% (up 133.0% YoY), and the FY2025 full-year result was 22.76%, up 34.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.49%, up from 22.41% in the prior quarter.
  • The five-year high for Tax Rate was 25.52% in Q2 2024, with the low at 17.24% in Q3 2022.
  • Historically, Tax Rate has averaged 22.54% across 5 years, with a median of 22.8% in 2022.
  • The largest YoY upside for Tax Rate was 485 bps in 2022 against a maximum downside of 310 bps in 2022.
  • Grand Canyon Education's Tax Rate stood at 22.8% in 2022, then declined by 13 bps to 19.9% in 2023, then advanced by 8 bps to 21.45% in 2024, then advanced by 4 bps to 22.41% in 2025, then rose by 5 bps to 23.49% in 2026.
  • The last three Tax Rate figures came in at 23.49% (Q1 2026), 22.41% (Q4 2025), and 24.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn 11.20%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 20.92%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 24.35%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 25.61%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 26.13%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 23.49%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 4.69%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -26.11%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 20.81%
10 Strategic Education 1.69 Bn 1.53 Bn - 22.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.49%
Mar 31, 2026 23.49%
Dec 31, 2025 22.41%
Dec 31, 2025 22.41%
Sep 30, 2025 24.85%
Sep 30, 2025 24.85%
Jun 30, 2025 24.48%
Jun 30, 2025 24.48%
Mar 31, 2025 21.65%
Mar 31, 2025 21.65%
Dec 31, 2024 21.45%
Dec 31, 2024 21.45%
Sep 30, 2024 20.76%
Sep 30, 2024 20.76%
Jun 30, 2024 25.52%
Jun 30, 2024 25.52%
Mar 31, 2024 22.90%
Mar 31, 2024 22.90%
Dec 31, 2023 19.90%
Dec 31, 2023 19.90%