Schwab Charles (SCHW) 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 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.
• The 5-year median for Tax Rate is 23.48% (2023), against an average of 22.2%.
• The sharpest annual moves came in 2023 and 2024: Tax Rate sank 1177 bps in 2023, then jumped 769 bps in 2024.
• Schwab Charles' Tax Rate stood at 24.25% in 2022, then sank by 49 bps to 12.48% in 2023, then soared by 62 bps to 20.17% in 2024, then increased by 12 bps to 22.67% in 2025, then fell by 2 bps to 22.24% in 2026.
• Business Quant data shows SCHW's Tax Rate at 22.24% in Q1 2026, 22.67% in Q4 2025, and 21.95% in Q3 2025.