PennantPark Floating Rate Capital (PFLT) Tax Rate (2022 - 2026)
PennantPark Floating Rate Capital (PFLT) reported Tax Rate of 0.15% for Q1 2026, up 111.0% on a YoY basis from 0.07% in Q1 2025, and down 102.24% quarter-over-quarter from 6.59% in Q4 2025.
PennantPark Floating Rate Capital (PFLT) Tax Rate (2022 - 2026) Analysis & Trends
PennantPark Floating Rate Capital has reported Tax Rate for 5 years, with the latest figure at 0.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 111.0% year-over-year to 0.15%; the trailing twelve-month figure through Mar 2026 stood at 1.9% (down 1717.0% YoY), and the FY2025 full-year result was 6.28%, up 23.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.15%, down from 6.59% in the prior quarter.
- The five-year high for Tax Rate was 6.59% in Q4 2025, with the low at 32.96% in Q4 2022.
- Historically, Tax Rate has averaged 1.44% across 5 years, with a median of 0.51% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate surged 3348 bps — and 2025, when it plunged 359 bps.
- PennantPark Floating Rate Capital's Tax Rate stood at 32.96% in 2022, then soared by 102 bps to 0.51% in 2023, then plunged by 462 bps to 1.86% in 2024, then jumped by 454 bps to 6.59% in 2025, then plunged by 102 bps to 0.15% in 2026.
- The last three Tax Rate figures came in at 0.15% (Q1 2026), 6.59% (Q4 2025), and 0.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | PennantPark Floating Rate Capital | - | - | - | -0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.15% |
| Mar 31, 2026 | -0.15% |
| Dec 31, 2025 | 6.59% |
| Dec 31, 2025 | 6.59% |
| Sep 30, 2025 | 0.34% |
| Sep 30, 2025 | 0.34% |
| Jun 30, 2025 | -1.14% |
| Jun 30, 2025 | -1.14% |
| Mar 31, 2025 | -1.26% |
| Mar 31, 2025 | -1.26% |
| Dec 31, 2024 | -1.86% |
| Dec 31, 2024 | -1.86% |
| Sep 30, 2024 | 0.50% |
| Sep 30, 2024 | 0.50% |
| Jun 30, 2024 | -1.76% |
| Jun 30, 2024 | -1.76% |
| Mar 31, 2024 | 2.33% |
| Mar 31, 2024 | 2.33% |
| Dec 31, 2023 | 0.51% |
| Dec 31, 2023 | 0.51% |