Rafael Holdings (RFL) Tax Rate (2017 - 2023)
Rafael Holdings' Tax Rate was -0.21% in fiscal Q3 2026 (quarter ended Apr 30, 2026), down 37.30 percentage points from 37.09% a year earlier but up 0.56 percentage points from the prior quarter.
Rafael Holdings (RFL) Tax Rate (2017 - 2023) Analysis & Trends
On a trailing twelve-month basis, Rafael Holdings' Tax Rate was 0.29% through Apr 30, 2026, down 9.19 percentage points year-over-year; for FY2025 (ended Jul 31, 2025), it was 7.69%, up 3.71 percentage points from FY2024.
- Tax Rate shows a five-year change of +8.11 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was 3.98% in FY2024 (+1.07 pp), 2.92% in FY2023 and -0.08% in FY2021 (+0.34 pp).
- Quarterly Tax Rate has moved between -0.76% (fiscal Q2 2026) and 37.09% (fiscal Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last seven quarters, with an average year-over-year change of -0.51 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2025 (a gain of 33.09 percentage points); the worst was fiscal Q3 2026 (a drop of 37.30 percentage points).
- Per Business Quant data, RFL's Tax Rate in the three fiscal quarters before Q3 2026 was -0.76% (Q2 2026), -0.10% (Q1 2026) and 1.25% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | - |
| 10 | Rafael Holdings | 65.83 Mn | -100.78 Mn | 163,000.00 | - |
Rafael Holdings 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=RFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RFL", "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=RFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();