Growth Metrics

Perdoceo Education (PRDO) Tax Rate (2016 - 2025)

Perdoceo Education (PRDO) has disclosed Tax Rate for 16 consecutive years, with 20.66% as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Tax Rate fell 255.0% year-over-year to 20.66%, compared with a TTM value of 25.3% through Dec 2024, down 86.0%, and an annual FY2024 reading of 25.46%, up 231.0% over the prior year.
  • Tax Rate was 20.66% for Q4 2024 at Perdoceo Education, down from 26.91% in the prior quarter.
  • Across five years, Tax Rate topped out at 37.94% in Q2 2023 and bottomed at 22.0% in Q3 2020.
  • Average Tax Rate over 5 years is 21.53%, with a median of 25.76% recorded in 2021.
  • Peak annual rise in Tax Rate hit 7307bps in 2020, while the deepest fall reached -10255bps in 2020.
  • Year by year, Tax Rate stood at 26.59% in 2020, then tumbled by -154bps to 14.44% in 2021, then skyrocketed by 359bps to 37.46% in 2022, then crashed by -38bps to 23.21% in 2023, then dropped by -11bps to 20.66% in 2024.
  • Business Quant data shows Tax Rate for PRDO at 20.66% in Q4 2024, 26.91% in Q3 2024, and 27.51% in Q2 2024.