Perdoceo Education (PRDO) Tax Rate (2009 - 2026)
Perdoceo Education (PRDO) reported Tax Rate of 20.81% for Q1 2026, down 187.0% on a YoY basis from 23.92% in Q1 2025, and down 21.43% quarter-over-quarter from 26.49% in Q4 2025.
Perdoceo Education (PRDO) Tax Rate (2009 - 2026) Analysis & Trends
Perdoceo Education has reported Tax Rate for 18 years, with the latest figure at 20.81% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 187.0% year-over-year to 20.81%; the trailing twelve-month figure through Mar 2026 stood at 25.52% (up 80.0% YoY), and the FY2025 full-year result was 26.26%, up 80.0% from the prior year.
- Tax Rate for Q1 2026 stood at 20.81%, down from 26.49% in the prior quarter.
- The five-year high for Tax Rate was 34.64% in Q4 2022, with the low at 14.1% in Q3 2023.
- Historically, Tax Rate has averaged 25.55% across 5 years, with a median of 26.71% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 4908 bps — and 2023, when it sank 1538 bps.
- Perdoceo Education's Tax Rate stood at 34.64% in 2022, then tumbled by 33 bps to 23.19% in 2023, then slipped by 8 bps to 21.24% in 2024, then rose by 25 bps to 26.49% in 2025, then retreated by 21 bps to 20.81% in 2026.
- The last three Tax Rate figures came in at 20.81% (Q1 2026), 26.49% (Q4 2025), and 28.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 11.20% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 20.92% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 24.35% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 25.61% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 26.13% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 23.49% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 4.69% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | -26.11% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 20.81% |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 22.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.81% |
| Mar 31, 2026 | 20.81% |
| Dec 31, 2025 | 26.49% |
| Dec 31, 2025 | 26.49% |
| Sep 30, 2025 | 28.87% |
| Sep 30, 2025 | 28.87% |
| Jun 30, 2025 | 27.05% |
| Jun 30, 2025 | 27.05% |
| Mar 31, 2025 | 22.68% |
| Mar 31, 2025 | 22.68% |
| Dec 31, 2024 | 21.24% |
| Dec 31, 2024 | 21.24% |
| Sep 30, 2024 | 26.94% |
| Sep 30, 2024 | 26.94% |
| Jun 30, 2024 | 27.51% |
| Jun 30, 2024 | 27.51% |
| Mar 31, 2024 | 25.37% |
| Mar 31, 2024 | 25.37% |
| Dec 31, 2023 | 23.19% |
| Dec 31, 2023 | 23.19% |