Growth Metrics

Cogent Communications Holdings (CCOI) Tax Rate (2016 - 2024)

Cogent Communications Holdings (CCOI) has disclosed Tax Rate for 15 consecutive years, with 262.47% as the latest value for Q2 2024.

  • Quarterly Tax Rate rose 26468.0% to 262.47% in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 53.97% through Jun 2024, down 5328.0% year-over-year, with the annual reading at 25.63% for FY2025, 2385.0% up from the prior year.
  • Tax Rate for Q2 2024 was 262.47% at Cogent Communications Holdings, down from 352.18% in the prior quarter.
  • The five-year high for Tax Rate was 352.18% in Q1 2024, with the low at 261.91% in Q2 2022.
  • Average Tax Rate over 5 years is 38.43%, with a median of 19.83% recorded in 2020.
  • The sharpest move saw Tax Rate plummeted -24735bps in 2022, then surged 26468bps in 2024.
  • Over 5 years, Tax Rate stood at 8.87% in 2020, then crashed by -754bps to 57.96% in 2021, then skyrocketed by 260bps to 92.91% in 2022, then tumbled by -112bps to 11.33% in 2023, then skyrocketed by 2417bps to 262.47% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods came in at 262.47%, 352.18%, and 11.33% for Q2 2024, Q1 2024, and Q4 2023 respectively.