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Franklin Wireless (FKWL) Tax Rate (2016 - 2024)

Franklin Wireless (FKWL) has disclosed Tax Rate for 15 consecutive years, with 19.27% as the latest value for Q1 2024.

  • Quarterly Tax Rate fell 13839.0% to 19.27% in Q1 2024 from the year-ago period, while the trailing twelve-month figure was 0.28% through Mar 2024, up 1843.0% year-over-year, with the annual reading at 0.04% for FY2023, 168.0% down from the prior year.
  • Tax Rate hit 19.27% in Q1 2024 for Franklin Wireless, down from 24.88% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 348.53% in Q2 2021 to a low of 182.02% in Q2 2022.
  • Historically, Tax Rate has averaged 48.26% across 5 years, with a median of 21.01% in 2020.
  • Biggest YoY gain for Tax Rate was 36808bps in 2022; the steepest drop was -53055bps in 2022.
  • Year by year, Tax Rate stood at 23.46% in 2020, then decreased by -24bps to 29.19% in 2021, then soared by 1261bps to 338.89% in 2022, then crashed by -93bps to 24.88% in 2023, then dropped by -23bps to 19.27% in 2024.
  • Business Quant data shows Tax Rate for FKWL at 19.27% in Q1 2024, 24.88% in Q4 2023, and 12.93% in Q3 2023.