Velocity Financial (VEL) Tax Rate (2019 - 2026)
Velocity Financial's (VEL) quarterly Tax Rate came in at 27.78% in Q1 2026, down 288.0% year-on-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.
- On a quarterly basis, Tax Rate fell 288.0% year-over-year to 27.78% in Q1 2026; TTM through Mar 2026 was 27.68%, a 257.0% decrease from a year earlier, with the FY2025 full-year figure at 5.78%, up 575.0% from the prior year.
- Tax Rate retreated to 27.78% in Q1 2026 per VEL's latest filing, from 30.56% in the prior quarter.
- Across five years, Tax Rate topped out at 35.06% in Q4 2024 and bottomed at 19.65% in Q1 2022.
- The 5-year median for Tax Rate is 27.25% (2023), against an average of 27.25%.
- Across the five-year window, Tax Rate slumped 659 bps in 2022 and surged 1201 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 29.64% in 2022, then declined by 22 bps to 23.05% in 2023, then surged by 52 bps to 35.06% in 2024, then decreased by 13 bps to 30.56% in 2025, then decreased by 9 bps to 27.78% in 2026.
- Per Business Quant, the three latest VEL Tax Rate figures stand at 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 | 38.33 Bn | 35.64 Bn | - | 25.75% |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 20.24% |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 19.70% |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 21.37% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 30.91% |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 27.78% |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 4.01% |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | 3.08% |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 3.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 35.06% |
| Sep 30, 2024 | 26.49% |
| Sep 30, 2024 | 26.49% |