Focus Universal (FCUV) Tax Rate (2015 - 2017)

Focus Universal (FCUV) posted quarterly Tax Rate of 0.04% for Q4 2017, down 66.0% year-over-year from 0.11% in Q4 2016, and up 105.06% on a QoQ basis from 0.77% in Q2 2017.

Focus Universal (FCUV) Tax Rate (2015 - 2017) Analysis & Trends

Focus Universal (FCUV) has reported Tax Rate for 3 consecutive years, with 0.04% the latest figure, recorded in Q4 2017.

  • In Q4 2017, Tax Rate fell 66.0% year-over-year to 0.04%; the TTM figure through Sep 2018 stood at 0.0% (down 6.0% YoY), while the FY2017 annual figure was 0.11%, changed 0.0% from the prior year.
  • Tax Rate came in at 0.04% for Q4 2017 at Focus Universal, up from 0.77% in the prior quarter.
  • The five-year high for Tax Rate was 0.69% in Q4 2016, with the low at 2.07% in Q3 2015.
  • Average Tax Rate over 3 years is 0.58%, with a median of 0.77% recorded in 2017.
  • Across the five-year window, Tax Rate jumped 126 bps in 2016 and tumbled 66 bps in 2017, its largest moves.
  • Year by year, Tax Rate stood at 2.07% in 2015, then soared by 134 bps to 0.69% in 2016, then tumbled by 94 bps to 0.04% in 2017.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.04%, 0.77%, and 0.69% for Q4 2017, Q2 2017, and Q4 2016 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.45%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 19.94%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn -41.92%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.62%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 16.63%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 24.68%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 16.28%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 24.59%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 14.27%
10 Focus Universal 751,478.55 -7.25 Mn -51,772.00 -

Historic Data

Download Data
DateValue
Dec 31, 2017 0.04%
Dec 31, 2017 0.04%
Jun 30, 2017 -0.77%
Jun 30, 2017 -0.77%
Dec 31, 2016 0.69%
Dec 31, 2016 0.69%
Sep 30, 2016 -0.81%
Sep 30, 2016 -0.81%
Sep 30, 2015 -2.07%
Sep 30, 2015 -2.07%