Medallion Financial (MFIN) Tax Rate (2018 - 2025)
Medallion Financial (MFIN) posted Tax Rate of 30.10% for Q3 2025, up 1.50 percentage points from 28.60% a year earlier and up 0.29 percentage points from the prior quarter.
Medallion Financial (MFIN) Tax Rate (2018 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Tax Rate at Medallion Financial was 32.44%, up 1.64 percentage points year-over-year; for FY2024, it came in at 33.38%, up 4.43 percentage points from FY2023.
- Annual Tax Rate shows a five-year change of +18.79 percentage points (FY2019 to FY2024).
- In prior years, Medallion Financial's Tax Rate was 28.95% in FY2023 (+2.48 pp), 26.47% in FY2022 (-3.10 pp), 29.58% in FY2021 (+2.34 pp) and 27.24% in FY2020 (+12.65 pp).
- Quarterly Tax Rate has run from a low of 22.30% in Q4 2020 to a high of 36.90% in Q4 2024 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +2.04 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2021, with a gain of 9.95 percentage points; the weakest was Q4 2020, with a drop of 86.90 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 29.81% (Q2 2025), 33.17% (Q1 2025) and 36.90% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 23.12% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 21.54% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 23.07% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 22.26% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 16.66% |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 22.60% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 17.42% |
| 10 | Medallion Financial | 277.18 Mn | -74.00 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 30.10% |
| Jun 30, 2025 | 29.81% |
| Mar 31, 2025 | 33.17% |
| Dec 31, 2024 | 36.90% |
| Sep 30, 2024 | 28.60% |
| Jun 30, 2024 | 30.51% |
| Mar 31, 2024 | 35.53% |
| Dec 31, 2023 | 28.56% |
| Sep 30, 2023 | 34.55% |
| Jun 30, 2023 | 25.87% |
| Mar 31, 2023 | 27.44% |
| Dec 31, 2022 | 25.81% |
| Sep 30, 2022 | 25.95% |
| Jun 30, 2022 | 24.69% |
| Mar 31, 2022 | 29.85% |
| Dec 31, 2021 | 27.39% |
| Sep 30, 2021 | 26.94% |
| Jun 30, 2021 | 36.03% |
| Mar 31, 2021 | 29.95% |
| Dec 31, 2020 | 22.30% |
Medallion Financial 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=MFIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MFIN", "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=MFIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();