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| 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% |