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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | SWK Holdings | 302.88 Mn | 212.10 Mn | - | - |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();