Rand Capital (RAND) Tax Rate (2022 - 2026)

Rand Capital (RAND) recorded quarterly Tax Rate of 9.09% in Q1 2026, up 202.84% quarter-over-quarter from 3.0% in Q4 2025, and up 920.0% on a YoY basis from 0.89% in Q1 2025.

Rand Capital (RAND) Tax Rate (2022 - 2026) Analysis & Trends

Rand Capital's Tax Rate history runs 5 years deep, the most recent figure standing at 9.09% for Q1 2026.

  • In Q1 2026, Tax Rate rose 920.0% year-over-year to 9.09%; the TTM figure through Mar 2026 stood at 1.09% (down 766.0% YoY), while the FY2025 annual figure was 0.05%, down 1132.0% from the prior year.
  • Tax Rate was 9.09% for Q1 2026 at Rand Capital, up from 3.0% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 20.68% in Q3 2023 to a low of 7.81% in Q4 2023.
  • Historically, Tax Rate has averaged 4.3% across 5 years, with a median of 2.16% in 2022.
  • Biggest YoY gain for Tax Rate was 1997 bps in 2024; the steepest drop was 2107 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 10.0% in 2022, then plunged by 178 bps to 7.81% in 2023, then soared by 256 bps to 12.16% in 2024, then plunged by 75 bps to 3.0% in 2025, then jumped by 203 bps to 9.09% in 2026.
  • The last three Tax Rate figures came in at 9.09% (Q1 2026), 3.0% (Q4 2025), and 0.89% (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 Rand Capital 30.52 Mn 30.19 Mn - 9.09

Historic Data

Download Data
DateValue
Mar 31, 2026 9.09%
Mar 31, 2026 9.09%
Dec 31, 2025 3.00%
Dec 31, 2025 3.00%
Sep 30, 2025 -0.89%
Sep 30, 2025 -0.89%
Jun 30, 2025 -0.48%
Jun 30, 2025 -0.48%
Mar 31, 2025 -0.11%
Mar 31, 2025 -0.11%
Dec 31, 2024 12.16%
Dec 31, 2024 12.16%
Sep 30, 2024 -0.39%
Sep 30, 2024 -0.39%
Jun 30, 2024 -0.06%
Jun 30, 2024 -0.06%
Mar 31, 2024 0.17%
Mar 31, 2024 0.17%
Dec 31, 2023 -7.81%
Dec 31, 2023 -7.81%