Astrotech (ASTC) Tax Rate (2010 - 2019)

Astrotech (ASTC) posted quarterly Tax Rate of 38.1% for Q1 2019, up 53010.66% on a QoQ basis from 0.07% in Q2 2017.

Astrotech (ASTC) Tax Rate (2010 - 2019) Analysis & Trends

Astrotech (ASTC) has reported Tax Rate for 9 consecutive years, with 38.1% the latest figure, recorded in Q1 2019.

  • In Q1 2019, Tax Rate changed N/A year-over-year to 38.1%; the TTM figure through Dec 2019 stood at 10.53% (changed N/A YoY), while the FY2025 annual figure was 0.01%, changed 0.0% from the prior year.
  • Tax Rate came in at 38.1% for Q1 2019 at Astrotech, up from 0.07% in the prior quarter.
  • The five-year high for Tax Rate was 39.7% in Q1 2015, with the low at 0.07% in Q1 2017.
  • Average Tax Rate over 4 years is 14.44%, with a median of 0.37% recorded in 2016.
  • The largest YoY upside for Tax Rate was 5744 bps in 2015 against a maximum downside of 5108 bps in 2015.
  • Year by year, Tax Rate stood at 0.06% in 2015, then jumped by 878 bps to 0.45% in 2016, then plunged by 84 bps to 0.07% in 2017, then surged by 53011 bps to 38.1% in 2019.
  • According to Business Quant data, Tax Rate over the past three periods registered 38.1%, 0.07%, and 0.07% for Q1 2019, Q2 2017, and Q1 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.45%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 19.94%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -41.92%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.62%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 16.63%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 24.68%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 16.28%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 24.59%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 14.27%
10 Astrotech 19.81 Mn 13.21 Mn 67,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2019 38.10%
Mar 31, 2019 38.10%
Jun 30, 2017 0.07%
Jun 30, 2017 0.07%
Mar 31, 2017 -0.07%
Mar 31, 2017 -0.07%
Jun 30, 2016 0.45%
Jun 30, 2016 0.45%
Mar 31, 2016 0.29%
Mar 31, 2016 0.29%
Sep 30, 2015 -0.06%
Sep 30, 2015 -0.06%
Jun 30, 2015 37.04%
Jun 30, 2015 37.04%
Mar 31, 2015 39.70%
Mar 31, 2015 39.70%
Dec 31, 2014 24.70%
Dec 31, 2014 24.70%
Sep 30, 2014 51.02%
Sep 30, 2014 51.02%