Cogent Communications Holdings (CCOI) Tax Rate (2016 - 2023)
Historic Tax Rate for Cogent Communications Holdings (CCOI) over the last 15 years, with Q4 2023 value amounting to 12.57%.
- Cogent Communications Holdings' Tax Rate fell 1069600.0% to 12.57% in Q4 2023 from the same period last year, while for Dec 2023 it was 4.43%, marking a year-over-year decrease of 726300.0%. This contributed to the annual value of 4.43% for FY2023, which is 654600.0% down from last year.
- Per Cogent Communications Holdings' latest filing, its Tax Rate stood at 12.57% for Q4 2023, which was down 1069600.0% from 19.37% recorded in Q3 2023.
- In the past 5 years, Cogent Communications Holdings' Tax Rate ranged from a high of 94.39% in Q4 2022 and a low of 14.56% during Q2 2021
- Its 5-year average for Tax Rate is 21.29%, with a median of 19.83% in 2020.
- As far as peak fluctuations go, Cogent Communications Holdings' Tax Rate soared by 598600bps in 2022, and later plummeted by -1069600bps in 2023.
- Quarter analysis of 5 years shows Cogent Communications Holdings' Tax Rate stood at 24.95% in 2019, then plummeted by -36bps to 16.06% in 2020, then skyrocketed by 115bps to 34.53% in 2021, then surged by 173bps to 94.39% in 2022, then plummeted by -113bps to 12.57% in 2023.
- Its Tax Rate was 12.57% in Q4 2023, compared to 19.37% in Q3 2023 and 2.19% in Q2 2023.