Noah Holdings (NOAH) Tax Rate (2016 - 2026)
Noah Holdings' (NOAH) quarterly Tax Rate came in at 33.08% in Q2 2026, down 41.0% on a YoY basis from 56.07% in Q2 2025, and down 26.64% quarter-over-quarter from 26.12% in Q1 2026.
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Noah Holdings (NOAH) Tax Rate (2016 - 2026) Analysis & Trends
Noah Holdings (NOAH) has reported Tax Rate for 11 consecutive years, with 33.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 41.0% year-over-year to 33.08%; the trailing twelve-month figure through Jun 2026 stood at 34.24% (down 24.0% YoY), and the FY2025 full-year result was 34.77%, down 382.0% from the prior year.
- Tax Rate slipped to 33.08% in Q2 2026 per NOAH's latest filing, from 26.12% in the prior quarter.
- Across five years, Tax Rate topped out at 17.5% in Q4 2023 and bottomed at 45.24% in Q4 2025.
- Historically, Tax Rate has averaged 27.71% across 5 years, with a median of 25.13% in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1457 bps in 2023, then tumbled 2066 bps in 2024.
- Over 5 years, Tax Rate stood at 32.07% in 2022, then soared by 45 bps to 17.5% in 2023, then tumbled by 118 bps to 38.16% in 2024, then declined by 19 bps to 45.24% in 2025, then increased by 27 bps to 33.08% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 33.08%, 26.12%, and 45.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.84 Bn | 152.97 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 146.01 Bn | -412.00 Bn | - | - |
| 3 | Ishares Gold Trust | 30.54 Bn | -29.57 Bn | - | - |
| 4 | World Gold Trust | 29.53 Bn | -73.54 Bn | - | - |
| 5 | Principal Financial | 24.58 Bn | -28.39 Bn | 1.91 Bn | 13.30% |
| 6 | iShares Silver Trust | 22.65 Bn | -5.56 Bn | - | - |
| 7 | Franklin Resources | 17.60 Bn | 13.88 Bn | - | 31.17% |
| 8 | Invesco | 14.52 Bn | 13.60 Bn | 1.79 Bn | 25.58% |
| 9 | Affiliated Managers | 9.42 Bn | 9.01 Bn | - | 22.77% |
| 10 | Noah Holdings | 573.39 Mn | -165.96 Mn | 82.80 Mn | -33.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.08% |
| Mar 31, 2026 | -26.12% |
| Dec 31, 2025 | -45.24% |
| Sep 30, 2025 | -33.46% |
| Jun 30, 2025 | -32.67% |
| Mar 31, 2025 | -27.30% |
| Dec 31, 2024 | -38.16% |
| Sep 30, 2024 | -36.80% |
| Jun 30, 2024 | -20.58% |
| Mar 31, 2024 | -24.15% |
| Dec 31, 2023 | -17.50% |
| Sep 30, 2023 | -22.50% |
| Jun 30, 2023 | -22.50% |
| Mar 31, 2023 | -22.50% |
| Dec 31, 2022 | -32.07% |
| Sep 30, 2022 | -20.31% |
| Jun 30, 2022 | -21.84% |
| Mar 31, 2022 | -22.00% |
| Dec 31, 2021 | -23.75% |
| Sep 30, 2021 | -22.50% |