Westpac Banking Corp (WEBNF) Tax Rate (2009 - 2025)
Westpac Banking (WEBNF) posted Tax Rate of 30.0% for Q3 2025, up 2.69% quarter-over-quarter from 30.83% in Q3 2024, and up 83.0% year-on-year from 16.39% in Q3 2024.
Westpac Banking Corp (WEBNF) Tax Rate (2009 - 2025) Analysis & Trends
Westpac Banking (WEBNF) has reported Tax Rate for 16 consecutive years, with 30.0% the latest figure, recorded in Q3 2025.
- Tax Rate for Q3 2025 came in at 30.0%, up 83.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 32.47% (up 193.0% YoY), and the FY2025 annual result was 30.97%, up 13.0% from the prior year.
- Tax Rate was 30.0% for Q3 2025 at Westpac Banking, up from 30.83% in the prior quarter.
- Over five years, Tax Rate peaked at 45.45% in Q1 2021 and troughed at 41.34% in Q3 2021.
- Average Tax Rate over 5 years is 20.67%, with a median of 31.27% recorded in 2023.
- The widest YoY moves for Tax Rate: up 576 bps in 2021, down 1834 bps in 2021.
- Over 5 years, Tax Rate stood at 41.34% in 2021, then advanced by 14 bps to 35.62% in 2022, then increased by 11 bps to 31.71% in 2023, then increased by 3 bps to 30.83% in 2024, then climbed by 3 bps to 30.0% in 2025.
- Per Business Quant data, the three most recent Tax Rate figures were 30.0% in Q3 2025, 30.83% in Q3 2024, and 31.71% in Q3 2023.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -30.00% |
| Sep 30, 2025 | -30.00% |
| Sep 30, 2025 | -30.00% |
| Sep 30, 2024 | -30.83% |
| Sep 30, 2024 | -30.83% |
| Sep 30, 2024 | -30.83% |
| Sep 30, 2023 | -31.71% |
| Sep 30, 2023 | -31.71% |
| Sep 30, 2023 | -31.71% |
| Sep 30, 2022 | -35.62% |
| Sep 30, 2022 | -35.62% |
| Sep 30, 2022 | -35.62% |
| Sep 30, 2021 | -41.34% |
| Sep 30, 2021 | -41.34% |
| Sep 30, 2021 | -41.34% |
| Mar 31, 2021 | 45.45% |
| Mar 31, 2021 | 45.45% |
| Mar 31, 2021 | 45.45% |
| Sep 30, 2020 | -47.09% |
| Sep 30, 2020 | -47.09% |