Navient (NAVI) Tax Rate (2016)
Historic Tax Rate for Navient (NAVI) over the last 4 years, with Q4 2016 value amounting to 39.67%.
- Navient's Tax Rate rose 17100.0% to 39.67% in Q4 2016 from the same period last year, while for Dec 2016 it was 38.5%, marking a year-over-year increase of 4000.0%. This contributed to the annual value of 24.71% for FY2024, which is 30800.0% down from last year.
- Per Navient's latest filing, its Tax Rate stood at 39.67% for Q4 2016, which was up 17100.0% from 38.99% recorded in Q3 2016.
- Over the past 5 years, Navient's Tax Rate peaked at 39.67% during Q4 2016, and registered a low of 35.05% during Q3 2013.
- Moreover, its 4-year median value for Tax Rate was 37.96% (2015), whereas its average is 37.8%.
- Per our database at Business Quant, Navient's Tax Rate skyrocketed by 22400bps in 2015 and then crashed by -20000bps in 2016.
- Quarter analysis of 4 years shows Navient's Tax Rate stood at 37.83% in 2013, then dropped by -6bps to 35.65% in 2014, then grew by 6bps to 37.96% in 2015, then grew by 4bps to 39.67% in 2016.
- Its Tax Rate was 39.67% in Q4 2016, compared to 38.99% in Q3 2016 and 39.32% in Q2 2016.