Velocity Financial (VEL) Tax Rate (2019 - 2026)
Velocity Financial (VEL) posted Tax Rate of 26.96% for Q2 2026, up 4.11 percentage points from 22.85% a year earlier but down 0.82 percentage points from the prior quarter.
Velocity Financial (VEL) Tax Rate (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Velocity Financial was 28.60%, down 0.20 percentage points year-over-year; for FY2025, it came in at 28.21%, down 0.76 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +5.07 percentage points (FY2020 to FY2025).
- In prior years, Velocity Financial's Tax Rate was 28.97% in FY2024 (+2.49 pp), 26.48% in FY2023 (-0.53 pp), 27.01% in FY2022 (+0.45 pp) and 26.56% in FY2021 (+3.42 pp).
- Quarterly Tax Rate has run from a low of 19.65% in Q1 2022 to a high of 35.06% in Q4 2024 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +1.20 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2024, with a gain of 12.01 percentage points; the weakest was Q1 2022, with a drop of 6.59 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 27.78% (Q1 2026), 30.56% (Q4 2025) and 28.16% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 18.51% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 25.38% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 0.83% |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Velocity Financial | 594.51 Mn | 243.90 Mn | - | 26.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.96% |
| Mar 31, 2026 | 27.78% |
| Dec 31, 2025 | 30.56% |
| Sep 30, 2025 | 28.16% |
| Jun 30, 2025 | 22.85% |
| Mar 31, 2025 | 30.66% |
| Dec 31, 2024 | 35.06% |
| Sep 30, 2024 | 26.49% |
| Jun 30, 2024 | 25.97% |
| Mar 31, 2024 | 25.40% |
| Dec 31, 2023 | 23.05% |
| Sep 30, 2023 | 29.41% |
| Jun 30, 2023 | 27.35% |
| Mar 31, 2023 | 27.25% |
| Dec 31, 2022 | 29.64% |
| Sep 30, 2022 | 26.76% |
| Jun 30, 2022 | 27.17% |
| Mar 31, 2022 | 19.65% |
| Dec 31, 2021 | 26.58% |
| Sep 30, 2021 | 26.59% |
Velocity Financial 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=VEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VEL", "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=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();