Murano Global Investments (MRNO) Tax Rate (2023)
Murano Global Investments (MRNO) recorded Tax Rate of 941.37% in the quarter ended Dec 31, 2025, up 978.45 percentage points from -37.08% a year earlier and up 1249.06 percentage points from the prior quarter.
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Analysis
Murano Global Investments (MRNO) Tax Rate (2023) Analysis & Trends
For the year ended Dec 31, 2025, Murano Global Investments reported Tax Rate of -1.02%, down 3.10 percentage points from the prior year.
- Annual Tax Rate has a four-year change of -30198.64 percentage points (years ended Dec 2021 to Dec 2025).
- Across earlier years, Tax Rate came in at 2.08% in the year ended Dec 31, 2024 (-918.51 pp), 920.59% in the year ended Dec 31, 2023 (+969.15 pp), -48.56% in the year ended Dec 31, 2022 (-30246.19 pp) and 30197.62% in the year ended Dec 31, 2021.
- The figure for the quarter ended Dec 31, 2025 is the highest quarterly Tax Rate in data going back to the quarter ended Mar 31, 2023.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -52.10 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 978.45 percentage points in the quarter ended Dec 31, 2025, against a drop of 917.48 percentage points in the quarter ended Jun 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -307.69% (quarter ended Sep 30, 2025), -916.77% (quarter ended Jun 30, 2025) and 11.66% (quarter ended Mar 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.80 Bn | 107.07 Bn | 1.54 Bn | 25.09% |
| 2 | Royal Caribbean Cruises | 90.20 Bn | 87.13 Bn | 2.88 Bn | 1.53% |
| 3 | Hilton Worldwide Holdings | 83.57 Bn | 80.30 Bn | 3.05 Bn | 25.76% |
| 4 | Carnival | 42.04 Bn | 35.23 Bn | - | 0.83% |
| 5 | Viking Holdings | 38.56 Bn | 23.68 Bn | 996.62 Mn | 1.14% |
| 6 | Trip.com | 28.95 Bn | -16.08 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.80 Bn | 23.77 Bn | - | - |
| 8 | Hyatt Hotels | 17.37 Bn | 14.79 Bn | 384.00 Mn | 22.78% |
| 9 | H World | 15.40 Bn | 6.81 Bn | 456.00 Mn | - |
| 10 | Murano Global Investments | 16.69 Mn | -55.19 Mn | - | - |
API Access
Murano Global Investments 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=MRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MRNO", "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=MRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();