Grand Canyon Education (LOPE) Tax Rate (2016 - 2026)
Quarterly Tax Rate rose 184.0% to 23.49% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 23.36% through Mar 2026, up 133.0% year-over-year, with the annual reading at 22.76% for FY2025, 34.0% up from the prior year.
Grand Canyon Education filings provide 17 years of Tax Rate readings, the most recent being 23.49% for Q1 2026.
- Tax Rate hit 23.49% in Q1 2026 for Grand Canyon Education, up from 22.41% in the prior quarter.
- Across five years, Tax Rate topped out at 25.52% in Q2 2024 and bottomed at 17.24% in Q3 2022.
- Average Tax Rate over 5 years is 22.54%, with a median of 22.8% recorded in 2022.
- Peak annual rise in Tax Rate hit 485bps in 2022, while the deepest fall reached -310bps in 2022.
- Grand Canyon Education's Tax Rate stood at 22.8% in 2022, then fell by -13bps to 19.9% in 2023, then rose by 8bps to 21.45% in 2024, then rose by 4bps to 22.41% in 2025, then grew by 5bps to 23.49% in 2026.
- Per Business Quant, the three most recent readings for LOPE's Tax Rate are 23.49% (Q1 2026), 22.41% (Q4 2025), and 24.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 11.20 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 24.35 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 20.92 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 23.49 |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 26.13 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 20.81 |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -26.11 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 22.46 |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 22.21 |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 7.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 19.28 |
| Sep 30, 2023 | 19.28 |
| Jun 30, 2023 | 23.81 |
| Jun 30, 2023 | 23.81 |
| Mar 31, 2023 | 22.25 |
| Mar 31, 2023 | 22.25 |
| Dec 31, 2022 | 22.80 |
| Dec 31, 2022 | 22.80 |
| Sep 30, 2022 | 17.24 |
| Sep 30, 2022 | 17.24 |
| Jun 30, 2022 | 25.22 |
| Jun 30, 2022 | 25.22 |
| Mar 31, 2022 | 25.22 |
| Mar 31, 2022 | 25.22 |
| Dec 31, 2021 | 21.82 |
| Dec 31, 2021 | 21.82 |
| Sep 30, 2021 | 20.34 |
| Sep 30, 2021 | 20.34 |
| Jun 30, 2021 | 23.31 |
| Jun 30, 2021 | 23.31 |
| Mar 31, 2021 | 20.37 |
| Mar 31, 2021 | 20.37 |
| Dec 31, 2020 | 22.14 |
| Dec 31, 2020 | 22.14 |
| Sep 30, 2020 | 20.16 |
| Sep 30, 2020 | 20.16 |
| Jun 30, 2020 | 24.61 |
| Jun 30, 2020 | 24.61 |
| Mar 31, 2020 | 1.24 |
| Mar 31, 2020 | 1.24 |
| Dec 31, 2019 | 18.65 |
| Dec 31, 2019 | 18.65 |
| Sep 30, 2019 | 20.69 |
| Sep 30, 2019 | 20.69 |
| Jun 30, 2019 | 21.65 |
| Jun 30, 2019 | 21.65 |
| Mar 31, 2019 | 13.53 |
| Mar 31, 2019 | 13.53 |
| Dec 31, 2018 | 19.47 |
| Dec 31, 2018 | 19.47 |
| Sep 30, 2018 | 20.53 |
| Sep 30, 2018 | 20.53 |
| Jun 30, 2018 | 23.27 |
| Jun 30, 2018 | 23.27 |
| Mar 31, 2018 | 18.79 |
| Mar 31, 2018 | 18.79 |
| Dec 31, 2017 | 25.47 |
| Dec 31, 2017 | 25.47 |
| Sep 30, 2017 | 35.11 |
| Sep 30, 2017 | 35.11 |
| Jun 30, 2017 | 27.99 |
| Jun 30, 2017 | 27.99 |
| Mar 31, 2017 | 26.48 |
| Mar 31, 2017 | 26.48 |
| Dec 31, 2016 | 37.20 |
| Dec 31, 2016 | 37.20 |
| Sep 30, 2016 | 34.18 |
| Sep 30, 2016 | 34.18 |
| Jun 30, 2016 | 38.45 |
| Jun 30, 2016 | 38.45 |