Future FinTech (FTFT) Tax Rate (2010 - 2016)
Future FinTech (FTFT) recorded Tax Rate of -0.45% in Q3 2023, up 5.42 percentage points from -5.87% a year earlier and up 1.94 percentage points from the prior quarter.
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Analysis
Future FinTech (FTFT) Tax Rate (2010 - 2016) Analysis & Trends
On a TTM basis, Future FinTech's Tax Rate came in at -0.14% as of Sep 30, 2023, up 4.59 percentage points year-over-year; for FY2022, it came in at -3.38%, down 2.76 percentage points from FY2021.
- Annual Tax Rate has a five-year change of -3.12 percentage points (FY2017 to FY2022).
- Across earlier years, Tax Rate came in at -0.63% in FY2021 and 0.00% in FY2018 (+0.26 pp).
- Quarterly Tax Rate has ranged from -7.49% in Q1 2022 to 1.06% in Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters.
- Per Business Quant, the preceding three quarters came in at -2.39% (Q2 2023), -1.21% (Q1 2023) and 1.06% (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 18.51% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 25.38% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 0.83% |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Future FinTech | 1.44 Mn | -11.12 Mn | 193,832.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2016 | 67.81% |
| Sep 30, 2016 | 128.71% |
| Jun 30, 2016 | 82.45% |
| Dec 31, 2015 | 94.06% |
| Jun 30, 2015 | 32.95% |
| Mar 31, 2015 | 25.05% |
| Dec 31, 2014 | 41.10% |
| Sep 30, 2014 | 27.88% |
| Jun 30, 2014 | 39.55% |
| Mar 31, 2014 | 26.41% |
| Dec 31, 2013 | 25.51% |
| Sep 30, 2013 | 25.76% |
| Jun 30, 2013 | 29.16% |
| Mar 31, 2013 | 26.31% |
| Dec 31, 2012 | 25.28% |
| Sep 30, 2012 | 26.74% |
| Jun 30, 2012 | 25.48% |
| Mar 31, 2012 | 31.07% |
| Dec 31, 2011 | 25.40% |
| Sep 30, 2011 | 27.26% |
API Access
Future FinTech Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FTFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FTFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FTFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();