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

Schwab Charles (SCHW) has reported Tax Rate for 18 consecutive years, with 22.24% the latest figure, recorded in 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 came in at 22.24% for Q1 2026 at Schwab Charles, 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.
• Across the five-year window, Tax Rate tumbled 1177 bps in 2023 and surged 769 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 24.25% in 2022, then tumbled by 49 bps to 12.48% in 2023, then jumped by 62 bps to 20.17% in 2024, then climbed by 12 bps to 22.67% in 2025, then dropped by 2 bps to 22.24% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 22.24%, 22.67%, and 21.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.