Velocity Financial (VEL) Tax Rate (2019 - 2026)
Velocity Financial (VEL) posted quarterly Tax Rate of 27.78% for Q1 2026, down 288.0% year-over-year from 14.78% in Q1 2025, and down 9.1% quarter-over-quarter from 30.56% in Q4 2025.
Velocity Financial (VEL) Tax Rate (2019 - 2026) Analysis & Trends
Velocity Financial's Tax Rate history runs 8 years deep, the most recent figure standing at 27.78% for Q1 2026.
- In Q1 2026, Tax Rate fell 288.0% year-over-year to 27.78%; the TTM figure through Mar 2026 stood at 27.68% (down 257.0% YoY), while the FY2025 annual figure was 5.78%, up 575.0% from the prior year.
- Tax Rate for Q1 2026 stood at 27.78%, down from 30.56% in the prior quarter.
- The five-year high for Tax Rate was 35.06% in Q4 2024, with the low at 19.65% in Q1 2022.
- The 5-year median for Tax Rate is 27.25% (2023), against an average of 27.25%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 659 bps in 2022, then surged 1201 bps in 2024.
- Velocity Financial's Tax Rate stood at 29.64% in 2022, then dropped by 22 bps to 23.05% in 2023, then jumped by 52 bps to 35.06% in 2024, then retreated by 13 bps to 30.56% in 2025, then retreated by 9 bps to 27.78% in 2026.
- Business Quant data shows VEL's Tax Rate at 27.78% in Q1 2026, 30.56% in Q4 2025, and 28.16% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.79 Bn | 36.69 Bn | - | 18.51% |
| 2 | Federal National Mortgage Association Fannie Mae | 36.67 Bn | 36.67 Bn | - | 20.18% |
| 3 | Federal Home Loan Mortgage | 18.30 Bn | 13.98 Bn | - | 19.61% |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 31.08% |
| 5 | CNFinance Holdings | 1.54 Bn | 1.46 Bn | - | - |
| 6 | Walker & Dunlop | 1.33 Bn | 1.17 Bn | - | -36.84% |
| 7 | Velocity Financial | 707.21 Mn | -6.75 Bn | - | 26.96% |
| 8 | UWM Holdings | 476.52 Mn | -21.89 Mn | - | 4.44% |
| 9 | Onity | 301.86 Mn | 105.56 Mn | - | 21.19% |
| 10 | loanDepot | 207.92 Mn | -103.21 Mn | - | -0.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.96% |
| Jun 30, 2026 | 26.96% |
| Jun 30, 2026 | 26.96% |
| Mar 31, 2026 | 27.78% |
| Mar 31, 2026 | 27.78% |
| Mar 31, 2026 | 27.78% |
| Dec 31, 2025 | 30.56% |
| Dec 31, 2025 | 30.56% |
| Dec 31, 2025 | 30.56% |
| Sep 30, 2025 | 28.16% |
| Sep 30, 2025 | 28.16% |
| Sep 30, 2025 | 28.16% |
| Jun 30, 2025 | 22.85% |
| Jun 30, 2025 | 22.85% |
| Jun 30, 2025 | 22.85% |
| Mar 31, 2025 | 30.66% |
| Mar 31, 2025 | 30.66% |
| Mar 31, 2025 | 30.66% |
| Dec 31, 2024 | 35.06% |
| Dec 31, 2024 | 35.06% |