SWK Holdings (SWKHL) Tax Rate (2013 - 2025)
SWK Holdings' Tax Rate came in at -1921.69% for Q4 2025, down 1953.30 percentage points from 31.61% a year earlier and down 1939.60 percentage points from the prior quarter.
SWK Holdings (SWKHL) Tax Rate (2013 - 2025) Analysis & Trends
For FY2025, SWK Holdings' Tax Rate was 112.59%, up 86.01 percentage points from FY2024.
- Tax Rate has increased in each of the last three years, with a five-year change of +154.53 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 26.58% in FY2024 (+35.30 pp), -8.72% in FY2023 (+33.43 pp), -42.15% in FY2022 (-63.60 pp) and 21.45% in FY2021 (+63.39 pp).
- The Q4 2025 figure represents the lowest quarterly Tax Rate in data going back to Q2 2010.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -188.62 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 397.08 percentage points), and the weakest in Q4 2025 (a drop of 1953.30 percentage points).
- Business Quant data shows SWKHL's Tax Rate at 17.91% (Q3 2025), 22.49% (Q2 2025) and 21.97% (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 25.99% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 30.92% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 18.29% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 20.17% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 19.95% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 24.47% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | SWK Holdings | 304.94 Mn | 214.16 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 17.91% |
| Jun 30, 2025 | 22.49% |
| Mar 31, 2025 | 21.97% |
| Dec 31, 2024 | 31.61% |
| Sep 30, 2024 | 20.71% |
| Jun 30, 2024 | 21.95% |
| Mar 31, 2024 | 32.86% |
| Jun 30, 2023 | 26.99% |
| Sep 30, 2022 | 22.69% |
| Jun 30, 2022 | 24.36% |
| Mar 31, 2022 | 23.81% |
| Dec 31, 2021 | 24.94% |
| Sep 30, 2021 | 18.61% |
| Jun 30, 2021 | 20.16% |
| Mar 31, 2021 | 21.70% |
| Jun 30, 2019 | 13.48% |
| Mar 31, 2019 | 14.49% |
| Jun 30, 2018 | 23.74% |
| Mar 31, 2018 | 20.75% |
| Dec 31, 2017 | 775.51% |
SWK Holdings 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=SWKHL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SWKHL", "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=SWKHL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();