Block, Inc. (XYZ) Tax Rate: 22.82%
Is Block, Inc.’s tax rate high or low?
Block, Inc.'s tax rate of 22.82% is 335% above its 5-year average of -9.71%, near the high end of its 5-year range (-111.21%–27.52%).
151.63% above its 12-month average of -44.19%.
XYZ Tax Rate Chart
XYZ Average Tax Rate Chart
XYZ Current vs Average Tax Rate Chart
XYZ Tax Rate Metrics
TAX RATE
22.82%
TAX RATE AVG TTM
-44.19%
TAX RATE AVG 3Y
-14.67%
TAX RATE AVG 5Y
-9.71%
TAX RATE AVG 10Y
-6.13%
TAX RATE AVG 15Y
-4.92%
TAX RATE AVG 20Y
-4.92%
CURRENT VS TTM AVG
+151.63%
CURRENT VS 3Y AVG
+255.53%
CURRENT VS 5Y AVG
+335.14%
CURRENT VS 10Y AVG
+472.21%
CURRENT VS 15Y AVG
+563.89%
CURRENT VS 20Y AVG
+563.89%
Block, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Block, Inc. Tax Rate FAQ
- What is the tax rate for Block, Inc. (XYZ)?
- The tax rate for XYZ stock is 22.82%.
- Is Block, Inc.'s tax rate high or low?
- Block, Inc.'s tax rate of 22.82% is 335% above its 5-year average of -9.71%, near the high end of its 5-year range (-111.21%–27.52%).
- What is the TTM average tax rate for Block, Inc. (XYZ)?
- The TTM average tax rate for XYZ stock is -44.19%.
- What is the 3Y average tax rate for Block, Inc. (XYZ)?
- The 3Y average tax rate for XYZ stock is -14.67%.
- What is the 5Y average tax rate for Block, Inc. (XYZ)?
- The 5Y average tax rate for XYZ stock is -9.71%.
- What is the 10Y average tax rate for Block, Inc. (XYZ)?
- The 10Y average tax rate for XYZ stock is -6.13%.
- What is the 15Y average tax rate for Block, Inc. (XYZ)?
- The 15Y average tax rate for XYZ stock is -4.92%.
- What is the 20Y average tax rate for Block, Inc. (XYZ)?
- The 20Y average tax rate for XYZ stock is -4.92%.
Block, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 22.82% |
| 2024-12-31 | -111.21% |
| 2023-12-31 | 27.52% |
| 2022-12-31 | 2.18% |
| 2021-12-31 | -0.87% |
| 2020-12-31 | 1.33% |
| 2019-12-31 | 0.73% |
| 2018-12-31 | -6.44% |
| 2017-12-31 | -0.24% |
| 2016-12-31 | -1.13% |
| 2015-12-31 | -2.13% |
| 2014-12-31 | -0.94% |
| 2013-12-31 | -0.49% |
| 2012-12-31 | 0.00% |
Related Metrics
About Block, Inc.
Block, Inc., operating through its subsidiaries, develops innovative tools that empower merchants to process card payments, gain insights from robust reporting and analytics, and benefit from expedited next-day fund settlement. The company offers a diverse range of hardware solutions, including the Magstripe reader for traditional swipe-based transactions, and the Contactless and chip reader, which accommodates Europay, MasterCard, and Visa (EMV) chip cards alongside Near Field Communication (NFC) payments. For comprehensive point-of-sale functionality, Block provides the Square Stand, enabling an iPad to serve as a complete payment terminal, and the Square Register, an integrated system combining proprietary hardware, software, and payment processing capabilities. Additionally, the Square Terminal offers a modern alternative to conventional keypad devices, functioning as both a payment processor and receipt printer, accepting tap, dip, and swipe payment methods. Beyond physical devices, Block supplies an extensive suite of software products. These encompass Square Point of Sale, Square Appointments, specialized applications for Retail and Restaurants, online commerce solutions like Square Online and Checkout, Square Invoices, Square Virtual Terminal, Square Team Management, Square Contracts, and a suite for Loyalty, Marketing, and Gift Cards, all managed through the Square Dashboard. Furthermore, Block supports developers with a dedicated platform featuring application programming interfaces (APIs) and software development kits (SDKs). Its portfolio also includes Cash App, a popular mobile service for sending, spending, and saving money, and Weebly, which delivers website hosting and domain registration services to customers. Serving an international clientele, the company's operations extend across the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. Originally established as Square, Inc. in 2009, the San Francisco, California-based firm officially adopted the name Block, Inc. in December 2021.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Jack Dorsey