Fiera Capital (TSX:FSZ) Tax Rate %: 43.00% (As of Mar. 2026)


TSX:FSZ Fiera Capital Corp TSX:FSZ
71 GF Score
Price C$5.26
GF Value C$6.45
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fiera Capital Tax Rate %?

Fiera Capital TSX:FSZ -0.19% 71 Tax Rate % is 43.00% as of Mar. 2026. GuruFocus rates TSX:FSZ with a GF Score™ of 71/100 and a GF Value™ of C$6.45 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fiera Capital's Tax Expense for the three months ended in Mar. 2026 was C$3.6 Mil. Fiera Capital's Pre-Tax Income for the three months ended in Mar. 2026 was C$8.3 Mil. Therefore, Fiera Capital's Tax Rate % for the quarter that ended in Mar. 2026 was 43.00%.

Fiera Capital Tax Rate % Related Terms

Fiera Capital Tax Rate % Historical Data

* Premium members only.

The historical data trend for Fiera Capital's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fiera Capital Tax Rate % Chart

Fiera Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.48 24.31 22.85 29.43 24.98

Fiera Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.34 23.19 35.12 34.91 43.00
TSX:FSZ
71GF Score
Fiera Capital Corp TSX:FSZ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiera Capital Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fiera Capital's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=17.164/68.721
=24.98 %

Fiera Capital's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=3.573/8.309
=43.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 43.00% mean?
Fiera Capital (TSX:FSZ) has a Tax Rate % of 43.00% as of Mar. 2026.
Is Fiera Capital's Tax Rate % too high?
Fiera Capital's current Tax Rate % is 43.00%. Overall, Fiera Capital has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Tax Rate % compare to BLK and BX?
Fiera Capital's Tax Rate % of 43.00% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Fiera Capital's current Tax Rate % is 43.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (TSX:FSZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.45, compared to a current price of C$5.26 — trading 18.4% below its estimated fair value. The current Tax Rate % is 43.00%. Fiera Capital's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Fiera Capital (TSX:FSZ), the current Tax Rate % is 43.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fiera Capital (TSX:FSZ) Overvalued in 2026?

Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued. The current stock price of C$5.26 is trading 18.4% below its estimated GF Value™ of C$6.45. GuruFocus considers Fiera Capital to be Modestly Undervalued.

Key valuation signals for TSX:FSZ:

  • Tax Rate %: 43.00%
  • GF Value™: C$6.45 vs. price of C$5.26 (18.4% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the TSX:FSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fiera Capital Business Description

Other Exchanges FRRPF:USAZFS:Germany
Address 1981 McGill College Avenue, Suite 1500, Montreal, QC, CAN, H3A 0H5
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
71GF Score

Get the complete analysis for TSX:FSZ

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.26
Price
C$6.45
GF Value