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| Date | Value |
|---|---|
| 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% |