Culp (CULP) Tax Rate (2010 - 2023)

Culp has disclosed Tax Rate across 14 years of filings, most recently posting 19.74% for Q2 2023.

• Tax Rate for Q2 2023 came in at 19.74%, down 1479.0% year-over-year; the trailing twelve-month figure through Apr 2023 was 10.92% (up 88724.0% YoY), and the FY2023 annual result was 10.92%, up 87708.0% from the prior year.
• Tax Rate came in at 19.74% for Q2 2023 at Culp, down from 3.29% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 459.32% in Q3 2020 to a low of 19.74% in Q2 2023.
• The 5-year median for Tax Rate is 31.56% (2021), against an average of 57.76%.
• Across the five-year window, Tax Rate soared 41023 bps in 2020 and slumped 43063 bps in 2021, its largest moves.
• Culp's Tax Rate stood at 50.12% in 2019, then slipped by 17 bps to 41.39% in 2020, then retreated by 17 bps to 34.29% in 2021, then slumped by 130 bps to 10.43% in 2022, then slumped by 89 bps to 19.74% in 2023.
• The last three Tax Rate figures came in at 19.74% (Q2 2023), 3.29% (Q1 2023), and 10.43% (Q4 2022), per Business Quant data.