Magic Software Enterprises (RMTHF) Tax Rate (2009 - 2025)
Magic Software Enterprises (RMTHF) reported Tax Rate of 22.47% for Q3 2025, down 1.41 percentage points from 23.88% a year earlier and down 0.06 percentage points from the prior quarter.
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Analysis
Magic Software Enterprises (RMTHF) Tax Rate (2009 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Magic Software Enterprises' Tax Rate came in at 20.13%, down 0.86 percentage points year-over-year; for FY2024, it was 20.74%, up 1.80 percentage points from FY2023.
- Tax Rate has a five-year change of -0.43 percentage points (FY2019 to FY2024).
- By year, Tax Rate came in at 18.94% in FY2023 (-0.45 pp), 19.40% in FY2022 (-3.13 pp), 22.53% in FY2021 (+3.05 pp) and 19.48% in FY2020 (-1.69 pp).
- Five-year quarterly Tax Rate spans a low of 13.10% in Q4 2020 and a high of 30.19% in Q4 2021.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +0.65 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 17.08 percentage points); the low point was Q4 2022 (a drop of 15.69 percentage points).
- Per Business Quant data, the three quarters before Q3 2025 came in at 22.53% (Q2 2025), 19.84% (Q1 2025) and 15.55% (Q4 2024).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 22.47% |
| Jun 30, 2025 | 22.53% |
| Mar 31, 2025 | 19.84% |
| Dec 31, 2024 | 15.55% |
| Sep 30, 2024 | 23.88% |
| Jun 30, 2024 | 22.16% |
| Mar 31, 2024 | 21.35% |
| Dec 31, 2023 | 15.55% |
| Sep 30, 2023 | 25.30% |
| Jun 30, 2023 | 16.22% |
| Mar 31, 2023 | 19.20% |
| Dec 31, 2022 | 14.49% |
| Sep 30, 2022 | 15.84% |
| Jun 30, 2022 | 24.79% |
| Mar 31, 2022 | 22.16% |
| Dec 31, 2021 | 30.19% |
| Sep 30, 2021 | 20.16% |
| Jun 30, 2021 | 20.23% |
| Mar 31, 2021 | 20.52% |
| Dec 31, 2020 | 13.10% |
API Access
Magic Software Enterprises 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=RMTHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "RMTHF", "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=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();