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
DateValue
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%