Schwab Charles (SCHW-PJ) Tax Rate (2009 - 2026)

Schwab Charles' Tax Rate history runs 18 years deep, the most recent figure standing at 22.24% for Q1 2026.

• In Q1 2026, Tax Rate changed 0.0% year-over-year to 22.24%; the TTM figure through Mar 2026 stood at 22.72% (up 44.0% YoY), while the FY2025 annual figure was 22.75%, changed 0.0% from the prior year.
• Tax Rate was 22.24% for Q1 2026 at Schwab Charles, down from 22.67% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 24.54% in Q3 2022 to a low of 12.48% in Q4 2023.
• Historically, Tax Rate has averaged 22.2% across 5 years, with a median of 23.48% in 2023.
• The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 1177 bps in 2023, then surged 769 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 24.25% in 2022, then slumped by 49 bps to 12.48% in 2023, then jumped by 62 bps to 20.17% in 2024, then rose by 12 bps to 22.67% in 2025, then retreated by 2 bps to 22.24% in 2026.
• The last three Tax Rate figures came in at 22.24% (Q1 2026), 22.67% (Q4 2025), and 21.95% (Q3 2025), per Business Quant data.