Velocity Financial (VEL) Tax Rate (2019 - 2026)

Velocity Financial has reported Tax Rate for 8 years, with the latest figure at 26.96% in Q2 2026.

• On a quarterly basis, Tax Rate rose 411.0% year-over-year to 26.96% in Q2 2026; TTM through Jun 2026 was 28.6%, a 20.0% decrease from a year earlier, with the FY2025 full-year figure at 33.77%, down 706.0% from the prior year.
• Tax Rate was 26.96% for Q2 2026 at Velocity Financial, down from 27.78% 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.
• Average Tax Rate over 5 years is 27.23%, with a median of 27.21% recorded in 2023.
• The sharpest annual moves came in 2022 and 2024: Tax Rate sank 659 bps in 2022, then jumped 1201 bps in 2024.
• Over 5 years, Tax Rate stood at 29.64% in 2022, then fell by 22 bps to 23.05% in 2023, then soared by 52 bps to 35.06% in 2024, then slipped by 13 bps to 30.56% in 2025, then dropped by 12 bps to 26.96% in 2026.
• The last three Tax Rate figures came in at 26.96% (Q2 2026), 27.78% (Q1 2026), and 30.56% (Q4 2025), per Business Quant data.