Growth Metrics

Asure Software (ASUR) Tax Rate (2016 - 2020)

Asure Software (ASUR) has disclosed Tax Rate for 11 consecutive years, with 4.78% as the latest value for Q4 2020.

  • For Q4 2020, Tax Rate fell 5254.0% year-over-year to 4.78%; the TTM value through Dec 2020 reached 2.11%, down 3842.0%, while the annual FY2020 figure was 2.11%, 3842.0% down from the prior year.
  • Tax Rate hit 4.78% in Q4 2020 for Asure Software, down from 6.39% in the prior quarter.
  • Across five years, Tax Rate topped out at 79.78% in Q4 2018 and bottomed at 111.43% in Q4 2016.
  • Average Tax Rate over 5 years is 0.16%, with a median of 3.84% recorded in 2016.
  • Year-over-year, Tax Rate plummeted -9882bps in 2016 and then skyrocketed 12640bps in 2017.
  • Asure Software's Tax Rate stood at 111.43% in 2016, then soared by 113bps to 14.97% in 2017, then skyrocketed by 433bps to 79.78% in 2018, then plummeted by -40bps to 47.76% in 2019, then tumbled by -110bps to 4.78% in 2020.
  • According to Business Quant data, Tax Rate over the past three periods came in at 4.78%, 6.39%, and 10.57% for Q4 2020, Q3 2020, and Q2 2020 respectively.