Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Amortization - IntangiblesConsolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest Expense - OthersInterest ExpensesInterest ExpensesInterest Income - Debt SecuritiesInterest Income - NetInterest Income - TotalInterest income - LoansNet Income towards Common StockholdersNon Operating IncomeNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesOther interest incomePreferred Dividend PaymentsProfit After TaxProvisionsRent ExpenseRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax RateWages, Salaries and Other
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Ratios

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

Schwab Charles' quarterly Tax Rate came in at 22.24% in Q1 2026, little changed year-on-year from 22.24% in Q1 2025, and down 1.91% quarter-over-quarter from 22.67% in Q4 2025.

Schwab Charles has reported Tax Rate for 18 years, with the latest figure at 22.24% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate changed 0.0% year-over-year to 22.24%; the trailing twelve-month figure through Mar 2026 stood at 22.72% (up 44.0% YoY), and the FY2025 full-year result was 22.75%, changed 0.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.24%, down from 22.67% in the prior quarter.
  • The five-year high for Tax Rate was 24.54% in Q3 2022, with the low at 12.48% in Q4 2023.
  • Average Tax Rate over 5 years is 22.2%, with a median of 23.48% recorded in 2023.
  • Year-over-year, Tax Rate slumped 1177 bps in 2023 and jumped 769 bps in 2024.
  • Tracing SCHW-PJ's Tax Rate over 5 years: stood at 24.25% in 2022, then sank by 49 bps to 12.48% in 2023, then surged by 62 bps to 20.17% in 2024, then gained by 12 bps to 22.67% in 2025, then decreased 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 19.58
2 Goldman Sachs 318.59 Bn -618.96 Bn - 13.20
3 Schwab Charles 154.74 Bn 109.76 Bn - 22.24
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 15.82
5 Interactive Brokers 39.54 Bn 50.13 Bn - 9.08
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 2.47
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 26.45
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 2.46
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 23.03
10 Schwab Charles - - - 22.24

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 22.24
Mar 31, 2026 22.24
Dec 31, 2025 22.67
Dec 31, 2025 22.67
Sep 30, 2025 21.95
Sep 30, 2025 21.95
Jun 30, 2025 24.15
Jun 30, 2025 24.15
Mar 31, 2025 22.24
Mar 31, 2025 22.24
Dec 31, 2024 20.17
Dec 31, 2024 20.17
Sep 30, 2024 23.56
Sep 30, 2024 23.56
Jun 30, 2024 23.76
Jun 30, 2024 23.76
Mar 31, 2024 24.25
Mar 31, 2024 24.25
Dec 31, 2023 12.48
Dec 31, 2023 12.48
Sep 30, 2023 18.66
Sep 30, 2023 18.66
Jun 30, 2023 23.48
Jun 30, 2023 23.48
Mar 31, 2023 24.03
Mar 31, 2023 24.03
Dec 31, 2022 24.25
Dec 31, 2022 24.25
Sep 30, 2022 24.54
Sep 30, 2022 24.54
Jun 30, 2022 21.15
Jun 30, 2022 21.15
Mar 31, 2022 23.76
Mar 31, 2022 23.76
Dec 31, 2021 21.90
Dec 31, 2021 21.90
Sep 30, 2021 24.12
Sep 30, 2021 24.12
Jun 30, 2021 26.41
Jun 30, 2021 26.41
Mar 31, 2021 24.29
Mar 31, 2021 24.29
Dec 31, 2020 23.10
Dec 31, 2020 23.10
Sep 30, 2020 21.48
Sep 30, 2020 21.48
Jun 30, 2020 24.44
Jun 30, 2020 24.44
Mar 31, 2020 24.07
Mar 31, 2020 24.07
Dec 31, 2019 23.38
Dec 31, 2019 23.38
Sep 30, 2019 23.06
Sep 30, 2019 23.06
Jun 30, 2019 24.19
Jun 30, 2019 24.19
Mar 31, 2019 23.73
Mar 31, 2019 23.73
Dec 31, 2018 22.73
Dec 31, 2018 22.73
Sep 30, 2018 24.28
Sep 30, 2018 24.28
Jun 30, 2018 23.43
Jun 30, 2018 23.43
Mar 31, 2018 21.86
Mar 31, 2018 21.86
Dec 31, 2017 37.36
Dec 31, 2017 37.36
Sep 30, 2017 34.60
Sep 30, 2017 34.60
Jun 30, 2017 36.74
Jun 30, 2017 36.74
Mar 31, 2017 33.10
Mar 31, 2017 33.10
Dec 31, 2016 36.65
Dec 31, 2016 36.65
Sep 30, 2016 36.65
Sep 30, 2016 36.65
Jun 30, 2016 37.22
Jun 30, 2016 37.22
Mar 31, 2016 37.10
Mar 31, 2016 37.10
Dec 31, 2015 35.50
Dec 31, 2015 35.50
Sep 30, 2015 35.51
Sep 30, 2015 35.51
Jun 30, 2015 37.74
Jun 30, 2015 37.74
Mar 31, 2015 37.60
Mar 31, 2015 37.60
Dec 31, 2014 36.82
Dec 31, 2014 36.82
Sep 30, 2014 38.03
Sep 30, 2014 38.03
Jun 30, 2014 37.81
Jun 30, 2014 37.81
Mar 31, 2014 37.55
Mar 31, 2014 37.55
Dec 31, 2013 35.94
Dec 31, 2013 35.94
Sep 30, 2013 37.50
Sep 30, 2013 37.50
Jun 30, 2013 37.86
Jun 30, 2013 37.86
Mar 31, 2013 37.76
Mar 31, 2013 37.76
Dec 31, 2012 37.21
Dec 31, 2012 37.21
Sep 30, 2012 31.58
Sep 30, 2012 31.58
Jun 30, 2012 36.34
Jun 30, 2012 36.34
Mar 31, 2012 37.70
Mar 31, 2012 37.70
Dec 31, 2011 35.32
Dec 31, 2011 35.32
Sep 30, 2011 38.89
Sep 30, 2011 38.89
Jun 30, 2011 38.34
Jun 30, 2011 38.34
Mar 31, 2011 38.32
Mar 31, 2011 38.32
Dec 31, 2010 70.31
Dec 31, 2010 70.31
Sep 30, 2010 37.69
Sep 30, 2010 37.69
Jun 30, 2010 39.35
Jun 30, 2010 39.35
Mar 31, 2010 53.85
Mar 31, 2010 53.85
Dec 31, 2009 32.33
Dec 31, 2009 32.33
Sep 30, 2009 37.50
Sep 30, 2009 37.50
Jun 30, 2009 38.81
Jun 30, 2009 38.81
Mar 31, 2009 38.59
Mar 31, 2009 38.59