KPIs & Operating Metrics(New)
Growth Metrics

M (MHO) Tax Rate (2016 - 2026)

M has reported Tax Rate over the past 17 years, most recently at 23.93% for Q1 2026.

  • Quarterly Tax Rate rose 6.0% to 23.93% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 23.44% through Mar 2026, up 19.0% year-over-year, with the annual reading at 23.48% for FY2025, 32.0% up from the prior year.
  • Tax Rate was 23.93% for Q1 2026 at M, up from 20.59% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.89% in Q2 2022 and troughed at 20.55% in Q4 2022.
  • The 5-year median for Tax Rate is 23.82% (2025), against an average of 23.18%.
  • Year-over-year, Tax Rate soared 316bps in 2023 and then crashed -197bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 20.55% in 2022, then increased by 15bps to 23.71% in 2023, then decreased by -8bps to 21.74% in 2024, then decreased by -5bps to 20.59% in 2025, then increased by 16bps to 23.93% in 2026.
  • Per Business Quant, the three most recent readings for MHO's Tax Rate are 23.93% (Q1 2026), 20.59% (Q4 2025), and 23.82% (Q3 2025).