Alto Ingredients (ALTO) Tax Rate (2014 - 2018)
Alto Ingredients (ALTO) posted Tax Rate of 0.0% for Q4 2018, down 100.05% on a QoQ basis from 5.6% in Q1 2018, and down 340.0% year-over-year from 0.0% in Q4 2017.
Analysis
Alto Ingredients (ALTO) Tax Rate (2014 - 2018) Analysis & Trends
Alto Ingredients has reported Tax Rate for 5 years, with the latest figure at 0.0% in Q4 2018.
- On a quarterly basis, Tax Rate fell 340.0% year-over-year to 0.0% in Q4 2018; TTM through Dec 2018 was 0.82%, a 46.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, up 2130.0% from the prior year.
- Tax Rate was 0.0% for Q4 2018 at Alto Ingredients, down from 5.6% in the prior quarter.
- The five-year high for Tax Rate was 39.98% in Q3 2014, with the low at 58.95% in Q1 2014.
- Average Tax Rate over 5 years is 6.7%, with a median of 5.6% recorded in 2018.
- The sharpest annual moves came in 2015 and 2016: Tax Rate soared 9640 bps in 2015, then tumbled 3856 bps in 2016.
- Over 5 years, Tax Rate stood at 10.32% in 2014, then tumbled by 334 bps to 24.17% in 2015, then surged by 76 bps to 5.91% in 2016, then soared by 157 bps to 3.4% in 2017, then sank by 100 bps to 0.0% in 2018.
- The last three Tax Rate figures came in at 0.0% (Q4 2018), 5.6% (Q1 2018), and 3.4% (Q4 2017), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 129.30 Bn | 127.37 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 26.11 Bn | 25.45 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 25.16 Bn | 24.48 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.20 Bn | 20.66 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.42 Bn | 15.79 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.73 Bn | 12.50 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 9.10 Bn | 8.36 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 7.98 Bn | 7.80 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.51 Bn | 6.90 Bn | 560.00 Mn | 23.15% |
| 10 | Alto Ingredients | 310.30 Mn | 282.17 Mn | 16.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 0.00% |
| Mar 31, 2018 | 5.60% |
| Dec 31, 2017 | 3.40% |
| Dec 31, 2016 | -5.91% |
| Jun 30, 2016 | -5.06% |
| Dec 31, 2015 | -24.17% |
| Sep 30, 2015 | 21.12% |
| Jun 30, 2015 | 33.50% |
| Mar 31, 2015 | 37.45% |
| Dec 31, 2014 | 10.32% |
| Sep 30, 2014 | 39.98% |
| Jun 30, 2014 | 29.78% |
| Mar 31, 2014 | -58.95% |