Cadiz (CDZI) Tax Rate (2010 - 2024)

Cadiz (CDZI) posted Tax Rate of 0.04% for Q3 2024, down 95.95% sequentially from 0.02% in Q2 2024, and up 1.0% YoY from 0.04% in Q4 2023.

Cadiz (CDZI) Tax Rate (2010 - 2024) Analysis & Trends

Cadiz has reported Tax Rate for 15 years, with the latest figure at 0.04% in Q3 2024.

  • Quarterly Tax Rate rose 1.0% year-over-year to 0.04% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 22.56% (up 2260.0% YoY) and the FY2023 annual result came in at 21.0%, up 2103.0% from the prior year.
  • Tax Rate slipped to 0.04% in Q3 2024 per CDZI's latest filing, from 0.02% in the prior quarter.
  • Over five years, Tax Rate peaked at 97.9% in Q4 2023 and troughed at 0.09% in Q4 2021.
  • A 5-year average of 5.12% and a median of 0.03% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2021 and 2023: Tax Rate dropped 6 bps in 2021, then soared 9793 bps in 2023.
  • Over 5 years, Tax Rate stood at 0.03% in 2020, then tumbled by 186 bps to 0.09% in 2021, then surged by 67 bps to 0.03% in 2022, then soared by 345725 bps to 97.9% in 2023, then slumped by 100 bps to 0.04% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.04%, 0.02%, and 0.04% for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 American Water Works Company 26.66 Bn 26.47 Bn - 22.22%
2 Essential Utilities 11.36 Bn 11.35 Bn - 3.11%
3 American States Water 3.38 Bn 3.36 Bn 278.03 Mn 21.20%
4 California Water Service 3.02 Bn 2.93 Bn 263.45 Mn 30.48%
5 H2O America 2.60 Bn 2.49 Bn 197.11 Mn 13.09%
6 Middlesex Water 1.09 Bn 1.09 Bn - 10.80%
7 Consolidated Water 517.12 Mn 390.79 Mn 10.92 Mn 4.85%
8 York Water 517.01 Mn 516.45 Mn - 2.13%
9 Artesian Resources 362.21 Mn 357.96 Mn 26.56 Mn 50.86%
10 Cadiz 288,587.84 -8.31 Mn 1.68 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 -0.04%
Sep 30, 2024 -0.04%
Sep 30, 2024 -0.04%
Jun 30, 2024 -0.02%
Jun 30, 2024 -0.02%
Jun 30, 2024 -0.02%
Mar 31, 2024 -0.04%
Mar 31, 2024 -0.04%
Mar 31, 2024 -0.04%
Dec 31, 2023 97.90%
Dec 31, 2023 97.90%
Dec 31, 2023 97.90%
Sep 30, 2023 -0.06%
Sep 30, 2023 -0.06%
Sep 30, 2023 -0.06%
Jun 30, 2023 -0.03%
Jun 30, 2023 -0.03%
Jun 30, 2023 -0.03%
Mar 31, 2023 -0.02%
Mar 31, 2023 -0.02%