Navient (NAVI) Tax Rate (2013 - 2026)
Navient (NAVI) recorded Tax Rate of 35.90% in Q2 2026, up 13.68 percentage points from 22.22% a year earlier but down 10.98 percentage points from the prior quarter.
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Analysis
Navient (NAVI) Tax Rate (2013 - 2026) Analysis & Trends
On a TTM basis, Navient's Tax Rate came in at 7.55% as of Jun 30, 2026, down 25.79 percentage points year-over-year; for FY2025, it was 27.93%, up 3.22 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +5.37 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 24.71% in FY2024 (-2.44 pp), 27.16% in FY2023 (+5.15 pp), 22.01% in FY2022 (-1.39 pp) and 23.40% in FY2021 (+0.84 pp).
- Quarterly Tax Rate has ranged from -22.22% in Q4 2021 to 116.67% in Q3 2024 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +5.67 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 88.48 percentage points in Q3 2024, against a drop of 90.17 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.88% (Q1 2026), 28.57% (Q4 2025) and 26.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.05 Bn | 29.73 Bn | - | 18.51% |
| 2 | Orix | 40.96 Bn | 10.18 Bn | 12.74 Bn | 30.92% |
| 3 | Royalty Pharma | 36.72 Bn | 36.63 Bn | - | - |
| 4 | Affirm Holdings | 23.63 Bn | 17.32 Bn | - | - |
| 5 | Federal National Mortgage Association Fannie Mae | 23.47 Bn | 23.47 Bn | - | 20.18% |
| 6 | Synchrony Financial | 22.90 Bn | -44.72 Bn | - | 24.47% |
| 7 | Royal Gold | 19.26 Bn | 18.48 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 13.77 Bn | 4.86 Bn | - | 0.83% |
| 9 | Ares Capital | 13.38 Bn | 10.82 Bn | - | - |
| 10 | Navient | 797.16 Mn | -1.80 Bn | 93.00 Mn | 35.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.90% |
| Mar 31, 2026 | 46.88% |
| Jun 30, 2025 | 22.22% |
| Dec 31, 2024 | 7.69% |
| Sep 30, 2024 | 116.67% |
| Jun 30, 2024 | 25.00% |
| Mar 31, 2024 | 17.05% |
| Sep 30, 2023 | 28.18% |
| Jun 30, 2023 | 31.25% |
| Mar 31, 2023 | 22.92% |
| Dec 31, 2022 | 7.89% |
| Sep 30, 2022 | 23.36% |
| Jun 30, 2022 | 26.23% |
| Mar 31, 2022 | 23.19% |
| Sep 30, 2021 | 21.36% |
| Jun 30, 2021 | 22.92% |
| Mar 31, 2021 | 23.55% |
| Dec 31, 2020 | 20.94% |
| Sep 30, 2020 | 20.08% |
| Jun 30, 2020 | 26.47% |
API Access
Navient 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=NAVI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NAVI", "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=NAVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();