Lufax Holding (LU) Tax Rate (2019 - 2026)
Lufax Holding (LU) posted quarterly Tax Rate of 102.81% for Q4 2024, down 7945.0% year-over-year from 1.31% in Q1 2024, and down 10805.86% quarter-over-quarter from 0.96% in Q3 2024.
Analysis
Lufax Holding (LU) Tax Rate (2019 - 2026) Analysis & Trends
Lufax Holding (LU) has reported Tax Rate for 6 consecutive years, with 102.81% the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Rate fell 7945.0% year-over-year to 102.81%; the TTM figure through Dec 2024 stood at 41.07% (down 389.0% YoY), while the FY2025 annual figure was 73.01%, down 3206.0% from the prior year.
- Tax Rate eased to 102.81% in Q4 2024 per LU's latest filing, from 0.96% in the prior quarter.
- Across five years, Tax Rate topped out at 100.28% in Q2 2024 and bottomed at 285.56% in Q1 2024.
- Historically, Tax Rate has averaged 36.54% across 5 years, with a median of 30.13% in 2021.
- On a YoY basis, Tax Rate climbed as much as 12388 bps in 2024 and fell as far as 25129 bps in 2024.
- Lufax Holding's Tax Rate stood at 31.88% in 2020, then decreased by 4 bps to 33.26% in 2021, then jumped by 201 bps to 33.6% in 2022, then tumbled by 169 bps to 23.35% in 2023, then sank by 340 bps to 102.81% in 2024.
- Business Quant data shows LU's Tax Rate at 102.81% in Q4 2024, 0.96% in Q3 2024, and 100.28% in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 17.64% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 20.01% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 23.61% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 20.90% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.73% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -856.07% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 25.38% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 23.36% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 23.65% |
| 10 | Lufax Holding | 1.14 Bn | -1.14 Bn | - | 15.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.61 |
| Jun 30, 2026 | 15.61 |
| Jun 30, 2026 | 15.61 |
| Jun 30, 2025 | -322.99 |
| Jun 30, 2025 | -322.99 |
| Jun 30, 2025 | -322.99 |
| Dec 31, 2024 | -3.86 |
| Dec 31, 2024 | -3.86 |
| Dec 31, 2024 | -3.86 |
| Sep 30, 2024 | 0.96 |
| Sep 30, 2024 | 0.96 |
| Sep 30, 2024 | 0.96 |
| Jun 30, 2024 | 100.28 |
| Jun 30, 2024 | 100.28 |
| Jun 30, 2024 | 100.28 |
| Mar 31, 2024 | -285.56 |
| Mar 31, 2024 | -285.56 |
| Mar 31, 2024 | -285.56 |
| Dec 31, 2023 | -23.35 |
| Dec 31, 2023 | -23.35 |