Nu Holdings (NU) Tax Rate (2021 - 2025)
Nu Holdings (NU) recorded quarterly Tax Rate of 29.92% in Q1 2025, down 116.04% quarter-over-quarter from 186.51% in Q4 2024, and up 460.0% on a YoY basis from 5.34% in Q1 2024.
Nu Holdings (NU) Tax Rate (2021 - 2025) Analysis & Trends
Nu Holdings' Tax Rate history runs 5 years deep, the most recent figure standing at 29.92% for Q1 2025.
- In Q1 2025, Tax Rate rose 460.0% year-over-year to 29.92%; the TTM figure through Mar 2025 stood at 26.06% (up 415.0% YoY), while the FY2025 annual figure was 25.77%, down 368.0% from the prior year.
- Tax Rate was 29.92% for Q1 2025 at Nu Holdings, down from 186.51% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 186.51% in Q4 2024 to a low of 41.82% in Q1 2023.
- Historically, Tax Rate has averaged 18.08% across 5 years, with a median of 16.05% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 11151 bps in 2022, then jumped 16215 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 14.2% in 2021, then retreated by 13 bps to 16.05% in 2022, then surged by 1010 bps to 146.1% in 2023, then rose by 28 bps to 186.51% in 2024, then sank 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 | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Nu Holdings | 58.79 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% |