American Vanguard (AVD) Tax Rate (2010 - 2024)
American Vanguard's Tax Rate came in at 48.88% for Q1 2024, up 39.62 percentage points from the prior quarter.
American Vanguard (AVD) Tax Rate (2010 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, American Vanguard reported Tax Rate of 39.25%, up 23.22 percentage points year-over-year; for FY2023, it was 26.98%, up 3.18 percentage points from FY2022.
- Tax Rate carries a five-year change of -0.24 percentage points (FY2018 to FY2023).
- Going back by year, Tax Rate was 23.80% in FY2022 (-6.28 pp), 30.09% in FY2021 (+13.39 pp), 16.70% in FY2020 (-10.67 pp) and 27.36% in FY2019 (+0.14 pp).
- The five-year range for quarterly Tax Rate is 9.26% (Q4 2023) to 315.78% (Q2 2023).
- Year-over-year, Tax Rate increased in three of the last four quarters, with an average year-over-year change of +105.29 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2023 (a gain of 287.26 percentage points), and the weakest in Q3 2020 (a drop of 17.04 percentage points).
- Business Quant data shows AVD's Tax Rate at 9.26% (Q4 2023), 158.04% (Q3 2023) and 315.78% (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 21.10% |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 22.93% |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 22.80% |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | - |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 19.42% |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 24.25% |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 20.65% |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 21.04% |
| 10 | American Vanguard | 24.51 Mn | -119.53 Mn | 34.71 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 48.88% |
| Dec 31, 2023 | 9.26% |
| Sep 30, 2023 | 158.04% |
| Jun 30, 2023 | 315.78% |
| Sep 30, 2022 | 30.53% |
| Jun 30, 2022 | 28.52% |
| Mar 31, 2022 | 31.17% |
| Dec 31, 2021 | 36.83% |
| Sep 30, 2021 | 20.74% |
| Jun 30, 2021 | 31.91% |
| Mar 31, 2021 | 30.63% |
| Dec 31, 2020 | 13.38% |
| Sep 30, 2020 | 14.22% |
| Jun 30, 2020 | 28.57% |
| Dec 31, 2019 | 24.64% |
| Sep 30, 2019 | 31.26% |
| Jun 30, 2019 | 28.03% |
| Mar 31, 2019 | 25.71% |
| Dec 31, 2018 | 24.43% |
| Sep 30, 2018 | 33.42% |
American Vanguard Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AVD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AVD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AVD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();