Nu Holdings (NU) Tax Rate (2021 - 2025)
Nu Holdings' quarterly Tax Rate came in at 29.92% in Q1 2025, up 460.0% year-on-year from 5.34% in Q1 2024, and down 116.04% quarter-over-quarter from 186.51% in Q4 2024.
Nu Holdings has reported Tax Rate for 5 years, with the latest figure at 29.92% in Q1 2025.
- For the quarter ending Q1 2025, Tax Rate rose 460.0% year-over-year to 29.92%; the trailing twelve-month figure through Mar 2025 stood at 26.06% (up 415.0% YoY), and the FY2025 full-year result was 25.77%, down 368.0% from the prior year.
- Tax Rate for Q1 2025 stood at 29.92%, down from 186.51% in the prior quarter.
- The five-year high for Tax Rate was 186.51% in Q4 2024, with the low at 41.82% in Q1 2023.
- Average Tax Rate over 5 years is 18.08%, with a median of 16.05% recorded in 2022.
- Year-over-year, Tax Rate slumped 11151 bps in 2022 and soared 16215 bps in 2023.
- Tracing NU's Tax Rate over 5 years: stood at 14.2% in 2021, then decreased by 13 bps to 16.05% in 2022, then soared by 1010 bps to 146.1% in 2023, then gained by 28 bps to 186.51% in 2024, then plunged by 116 bps to 29.92% in 2025.
- The last three Tax Rate figures came in at 29.92% (Q1 2025), 186.51% (Q4 2024), and 23.54% (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Nu Holdings | 61.52 Mn | -14.98 Bn | 1.94 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | -29.92 |
| Mar 31, 2025 | -29.92 |
| Dec 31, 2024 | 186.51 |
| Dec 31, 2024 | 186.51 |
| Sep 30, 2024 | -23.54 |
| Sep 30, 2024 | -23.54 |
| Jun 30, 2024 | -32.83 |
| Jun 30, 2024 | -32.83 |
| Mar 31, 2024 | -34.52 |
| Mar 31, 2024 | -34.52 |
| Dec 31, 2023 | 146.10 |
| Dec 31, 2023 | 146.10 |
| Sep 30, 2023 | -26.37 |
| Sep 30, 2023 | -26.37 |
| Jun 30, 2023 | -30.59 |
| Jun 30, 2023 | -30.59 |
| Mar 31, 2023 | -41.82 |
| Mar 31, 2023 | -41.82 |
| Dec 31, 2022 | -16.05 |
| Dec 31, 2022 | -16.05 |
| Sep 30, 2022 | 53.38 |
| Sep 30, 2022 | 53.38 |
| Jun 30, 2022 | 21.28 |
| Jun 30, 2022 | 21.28 |
| Mar 31, 2022 | -33.48 |
| Mar 31, 2022 | -33.48 |
| Dec 31, 2021 | -14.20 |
| Dec 31, 2021 | -14.20 |
| Sep 30, 2021 | 57.91 |
| Sep 30, 2021 | 57.91 |
| Jun 30, 2021 | 132.79 |
| Jun 30, 2021 | 132.79 |
| Mar 31, 2021 | -7.28 |
| Mar 31, 2021 | -7.28 |