Bio Key International (BKYI) Tax Rate (2013 - 2025)
Bio Key International (BKYI) posted Tax Rate of 1.63% for Q4 2024, down 84.36% sequentially from 10.45% in Q4 2023, and down 881.0% YoY from 0.21% in Q1 2024.
Bio Key International (BKYI) Tax Rate (2013 - 2025) Analysis & Trends
Bio Key International has reported Tax Rate for 7 years, with the latest figure at 1.63% in Q4 2024.
- Quarterly Tax Rate fell 881.0% year-over-year to 1.63% in Q4 2024, while the trailing twelve-month figure through Sep 2025 was 0.54% (down 444.0% YoY) and the FY2024 annual result came in at 0.53%, down 102.0% from the prior year.
- Tax Rate fell to 1.63% in Q4 2024 per BKYI's latest filing, from 10.45% in the prior quarter.
- Over five years, Tax Rate peaked at 10.45% in Q4 2023 and troughed at 5.77% in Q2 2023.
- A 3-year average of 1.33% and a median of 0.3% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1015 bps in 2023, then slumped 881 bps in 2024.
- Over 3 years, Tax Rate stood at 0.3% in 2022, then jumped by 3382 bps to 10.45% in 2023, then slumped by 84 bps to 1.63% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 1.63%, 10.45%, and 0.01% for Q4 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.92 Bn | 13.60 Bn | 517.50 Mn | 19.00% |
| 2 | MSA Safety | 7.30 Bn | 7.10 Bn | 249.29 Mn | 22.62% |
| 3 | Adt | 5.22 Bn | 5.20 Bn | 1.05 Bn | 28.26% |
| 4 | Brinks | 4.63 Bn | 2.97 Bn | 366.10 Mn | 30.19% |
| 5 | Brady | 4.32 Bn | 4.14 Bn | 225.47 Mn | 21.22% |
| 6 | Geo | 4.27 Bn | 4.02 Bn | - | 28.73% |
| 7 | CoreCivic | 3.36 Bn | 3.25 Bn | - | 21.89% |
| 8 | Napco Security Technologies | 1.36 Bn | 1.24 Bn | 29.49 Mn | -101.98% |
| 9 | Evolv Technologies Holdings | 964.45 Mn | 901.82 Mn | 21.95 Mn | - |
| 10 | Bio Key International | 3.27 Mn | 1.89 Mn | 1.67 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 39.16% |
| Dec 31, 2025 | 39.16% |
| Dec 31, 2025 | 39.16% |
| Dec 31, 2024 | 1.63% |
| Dec 31, 2024 | 1.63% |
| Dec 31, 2024 | 1.63% |
| Dec 31, 2023 | 10.45% |
| Dec 31, 2023 | 10.45% |
| Dec 31, 2023 | 10.45% |
| Sep 30, 2023 | 0.01% |
| Sep 30, 2023 | 0.01% |
| Sep 30, 2023 | 0.01% |
| Jun 30, 2023 | -5.77% |
| Jun 30, 2023 | -5.77% |
| Jun 30, 2023 | -5.77% |
| Dec 31, 2022 | 0.30% |
| Dec 31, 2022 | 0.30% |
| Dec 31, 2022 | 0.30% |
| Dec 31, 2016 | 2.28% |
| Dec 31, 2016 | 2.28% |