Navient (NAVI) Tax Rate: 2012-2024
Historic Tax Rate for Navient (NAVI) over the last 13 years, with Dec 2024 value amounting to 24.71%.
- Navient's Tax Rate rose 171.00% to 39.67% in Q4 2016 from the same period last year, while for Dec 2016 it was 38.50%, marking a year-over-year increase of 40.00%. This contributed to the annual value of 24.71% for FY2024, which is 308.00% down from last year.
- As of FY2024, Navient's Tax Rate stood at 24.71%, which was down 11.09% from 27.80% recorded in FY2023.
- Over the past 5 years, Navient's Tax Rate peaked at 27.80% during FY2023, and registered a low of 22.01% during FY2022.
- In the last 3 years, Navient's Tax Rate had a median value of 24.71% in 2024 and averaged 24.84%.
- Per our database at Business Quant, Navient's Tax Rate soared by 579bps in 2023 and then plummeted by 308bps in 2024.
- Over the past 5 years, Navient's Tax Rate (Yearly) stood at 22.56% in 2020, then soared by 84bps to 23.40% in 2021, then crashed by 139bps to 22.01% in 2022, then skyrocketed by 579bps to 27.80% in 2023, then crashed by 308bps to 24.71% in 2024.