NewtekOne (NEWT) Tax Rate (2022 - 2026)
NewtekOne's Tax Rate was 23.70% in Q2 2026, down 3.30 percentage points from 27.00% a year earlier but up 2.13 percentage points from the prior quarter.
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Analysis
NewtekOne (NEWT) Tax Rate (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, NewtekOne's Tax Rate was 23.71% through Jun 30, 2026, down 1.43 percentage points year-over-year; for FY2025, it was 24.34%, down 1.63 percentage points from FY2024.
- Tax Rate shows a four-year change of +22.79 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 25.97% in FY2024 (+30.28 pp), -4.31% in FY2023 (-20.98 pp), 16.67% in FY2022 (+15.12 pp) and 1.55% in FY2021.
- Quarterly Tax Rate has moved between -181.15% (Q1 2023) and 154.63% (Q4 2022) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -1.12 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2024 (a gain of 207.48 percentage points); the worst was Q1 2023 (a drop of 190.05 percentage points).
- Per Business Quant data, NEWT's Tax Rate in the three quarters before Q2 2026 was 21.57% (Q1 2026), 20.21% (Q4 2025) and 28.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | NewtekOne | 330.32 Mn | -994.93 Mn | - | 23.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.70% |
| Mar 31, 2026 | 21.57% |
| Dec 31, 2025 | 20.21% |
| Sep 30, 2025 | 28.58% |
| Jun 30, 2025 | 27.00% |
| Mar 31, 2025 | 19.59% |
| Dec 31, 2024 | 22.86% |
| Sep 30, 2024 | 30.03% |
| Jun 30, 2024 | 25.96% |
| Mar 31, 2024 | 26.33% |
| Dec 31, 2023 | 26.86% |
| Sep 30, 2023 | 23.84% |
| Jun 30, 2023 | 27.01% |
| Dec 31, 2022 | 154.63% |
| Sep 30, 2022 | 1.03% |
| Mar 31, 2022 | 8.90% |
API Access
NewtekOne 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=NEWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NEWT", "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=NEWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();