Pra (PRAA) Tax Rate (2009 - 2026)
Pra's Tax Rate came in at 33.27% for Q2 2026, up 8.05 percentage points from 25.22% a year earlier and up 11.65 percentage points from the prior quarter.
Pra (PRAA) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pra reported Tax Rate of -34.50%, down 56.29 percentage points year-over-year; for FY2025, it came in at -19.21%, down 38.40 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, with a five-year change of -38.93 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 19.19% in FY2024 (-0.27 pp), 19.46% in FY2023 (-4.30 pp), 23.77% in FY2022 (+1.87 pp) and 21.90% in FY2021 (+2.18 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q2 2023.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +3.25 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2023 (a gain of 31.04 percentage points), and the weakest in Q3 2023 (a drop of 57.04 percentage points).
- Business Quant data shows PRAA's Tax Rate at 21.62% (Q1 2026), 4.28% (Q4 2025) and -6.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.05 Bn | 29.73 Bn | - | 18.51% |
| 2 | Orix | 40.96 Bn | 10.18 Bn | 12.74 Bn | 30.92% |
| 3 | Royalty Pharma | 36.72 Bn | 36.63 Bn | - | - |
| 4 | Affirm Holdings | 23.63 Bn | 17.32 Bn | - | - |
| 5 | Federal National Mortgage Association Fannie Mae | 23.47 Bn | 23.47 Bn | - | 20.18% |
| 6 | Synchrony Financial | 22.90 Bn | -44.72 Bn | - | 24.47% |
| 7 | Royal Gold | 19.26 Bn | 18.48 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 13.77 Bn | 4.86 Bn | - | 0.83% |
| 9 | Ares Capital | 13.38 Bn | 10.82 Bn | - | - |
| 10 | Pra | 718.32 Mn | 316.68 Mn | - | 33.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.27% |
| Mar 31, 2026 | 21.62% |
| Dec 31, 2025 | 4.28% |
| Jun 30, 2025 | 25.22% |
| Mar 31, 2025 | 32.24% |
| Dec 31, 2024 | 31.78% |
| Jun 30, 2024 | 25.73% |
| Mar 31, 2024 | 16.88% |
| Jun 30, 2023 | 57.63% |
| Dec 31, 2022 | 28.97% |
| Sep 30, 2022 | 28.94% |
| Jun 30, 2022 | 26.59% |
| Mar 31, 2022 | 11.68% |
| Dec 31, 2021 | 26.24% |
| Sep 30, 2021 | 25.61% |
| Jun 30, 2021 | 16.45% |
| Mar 31, 2021 | 21.87% |
| Dec 31, 2020 | 31.00% |
| Sep 30, 2020 | 13.55% |
| Jun 30, 2020 | 18.86% |
Pra Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PRAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PRAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PRAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();