Neptune Insurance Holdings (NP) Tax Rate (2024 - 2026)
Neptune Insurance Holdings' (NP) quarterly Tax Rate came in at 31.88% in Q2 2026, up 603.0% year-over-year from 4.53% in Q2 2025, and up 17.81% quarter-over-quarter from 27.06% in Q1 2026.
Analysis
Neptune Insurance Holdings (NP) Tax Rate (2024 - 2026) Analysis & Trends
Neptune Insurance Holdings has disclosed Tax Rate across 3 years of filings, most recently posting 31.88% for Q2 2026.
- In Q2 2026, Tax Rate rose 603.0% year-over-year to 31.88%; the TTM figure through Jun 2026 stood at 32.57% (up 697.0% YoY), while the FY2025 annual figure was 30.25%, up 483.0% from the prior year.
- Tax Rate came in at 31.88% for Q2 2026 at Neptune Insurance Holdings, up from 27.06% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 52.32% in Q4 2025 to a low of 24.96% in Q4 2024.
- Average Tax Rate over 3 years is 29.9%, with a median of 25.82% recorded in 2025.
- The largest YoY upside for Tax Rate was 2736 bps in 2025 against a maximum downside of 22 bps in 2025.
- Over 3 years, Tax Rate stood at 24.96% in 2024, then surged by 110 bps to 52.32% in 2025, then plunged by 39 bps to 31.88% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 31.88% in Q2 2026, 27.06% in Q1 2026, and 52.32% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.81 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 65.60 Bn | 64.34 Bn | - | 21.96% |
| 3 | Arthur J. Gallagher | 62.53 Bn | 61.14 Bn | - | 21.74% |
| 4 | Willis Towers Watson | 29.65 Bn | 27.99 Bn | 2.09 Bn | 19.52% |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 24.54% |
| 6 | XChange TEC.INC | 16.16 Bn | 16.16 Bn | - | - |
| 7 | Erie Indemnity | 11.12 Bn | 10.78 Bn | - | 20.95% |
| 8 | Ryan Specialty Holdings | 4.85 Bn | 4.71 Bn | - | 17.10% |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.28 Bn | - | 31.88% |
| 10 | Baldwin Insurance | 2.73 Bn | 2.54 Bn | - | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.88% |
| Mar 31, 2026 | 27.06% |
| Dec 31, 2025 | 52.32% |
| Sep 30, 2025 | 25.56% |
| Jun 30, 2025 | 25.84% |
| Mar 31, 2025 | 25.80% |
| Dec 31, 2024 | 24.96% |
| Sep 30, 2024 | 25.78% |