Air Industries (AIRI) Tax Rate (2012 - 2020)
Air Industries (AIRI) reported Tax Rate of 0.09% for Q4 2020, up 128.0% on a YoY basis from 0.04% in Q1 2020, and down 99.98% quarter-over-quarter from 397.19% in Q1 2020.
Air Industries (AIRI) Tax Rate (2012 - 2020) Analysis & Trends
Air Industries has reported Tax Rate for 8 years, with the latest figure at 0.09% in Q4 2020.
- For the quarter ending Q4 2020, Tax Rate rose 128.0% year-over-year to 0.09%; the trailing twelve-month figure through Dec 2020 stood at 1641.86% (up 164334.0% YoY), and the FY2025 full-year result was 9.12%, changed N/A from the prior year.
- Tax Rate for Q4 2020 stood at 0.09%, down from 397.19% in the prior quarter.
- The five-year high for Tax Rate was 397.19% in Q1 2020, with the low at 31.45% in Q1 2016.
- Historically, Tax Rate has averaged 32.34% across 5 years, with a median of 0.09% in 2020.
- The largest YoY upside for Tax Rate was 22584 bps in 2016 against a maximum downside of 14853 bps in 2016.
- Air Industries' Tax Rate stood at 30.31% in 2016, then jumped by 101 bps to 0.28% in 2017, then slumped by 108 bps to 0.02% in 2018, then tumbled by 5051 bps to 1.2% in 2019, then surged by 107 bps to 0.09% in 2020.
- The last three Tax Rate figures came in at 0.09% (Q4 2020), 397.19% (Q1 2020), and 1.2% (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 11.46% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 14.40% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 126.92% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 16.12% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 18.08% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 17.82% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 15.05% |
| 10 | Air Industries | 14.73 Mn | 10.51 Mn | 2.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 0.09% |
| Dec 31, 2020 | 0.09% |
| Mar 31, 2020 | 397.19% |
| Mar 31, 2020 | 397.19% |
| Dec 31, 2019 | -1.20% |
| Dec 31, 2019 | -1.20% |
| Sep 30, 2019 | 5.24% |
| Sep 30, 2019 | 5.24% |
| Dec 31, 2018 | -0.02% |
| Dec 31, 2018 | -0.02% |
| Mar 31, 2018 | -0.16% |
| Mar 31, 2018 | -0.16% |
| Dec 31, 2017 | 0.28% |
| Dec 31, 2017 | 0.28% |
| Sep 30, 2017 | -1.00% |
| Sep 30, 2017 | -1.00% |
| Jun 30, 2017 | 9.17% |
| Jun 30, 2017 | 9.17% |
| Dec 31, 2016 | -30.31% |
| Dec 31, 2016 | -30.31% |