Forum Markets (FRMM) Tax Rate (2017 - 2023)

Forum Markets (FRMM) posted quarterly Tax Rate of 0.36% for Q4 2023, down 98.08% quarter-over-quarter from 18.6% in Q3 2023.

Forum Markets (FRMM) Tax Rate (2017 - 2023) Analysis & Trends

Forum Markets' Tax Rate history runs 6 years deep, the most recent figure standing at 0.36% for Q4 2023.

In Q4 2023, Tax Rate changed N/A year-over-year to 0.36%; the TTM figure through Dec 2023 stood at 10.6% (changed N/A YoY), while the FY2025 annual figure was 21.0%, up 2108.0% from the prior year.
Tax Rate for Q4 2023 stood at 0.36%, down from 18.6% in the prior quarter.
The five-year high for Tax Rate was 173.73% in Q3 2019, with the low at 1.88% in Q2 2020.
The 4-year median for Tax Rate is 0.29% (2023), against an average of 24.24%.
The sharpest annual moves came in 2019 and 2020: Tax Rate jumped 15226 bps in 2019, then slumped 17311 bps in 2020.
Forum Markets' Tax Rate stood at 0.88% in 2019, then slumped by 92 bps to 0.07% in 2020, then plunged by 1072 bps to 0.64% in 2021, then surged by 155 bps to 0.36% in 2023.
Business Quant data shows FRMM's Tax Rate at 0.36% in Q4 2023, 18.6% in Q3 2023, and 0.64% in Q4 2021.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-27.76%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	15.38%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	22.57%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	25.63%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	31.96%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	0.37%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	22.20%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	23.50%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	24.29%
10	Forum Markets	123.71 Mn	123.71 Mn	-	-

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