Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024)
Flywheel Advanced Technology (FWFW) posted Tax Rate of 146.02% for Q1 2024, up 739.55% on a QoQ basis from 22.83% in Q4 2023, and up 14420.0% year-over-year from N/an in Q2 2023.
Analysis
Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024) Analysis & Trends
Flywheel Advanced Technology has reported Tax Rate for 3 years, with the latest figure at 146.02% in Q1 2024.
- On a quarterly basis, Tax Rate rose 14420.0% year-over-year to 146.02% in Q1 2024; TTM through Mar 2024 was 67.81%, a 6910.0% decrease from a year earlier, with the FY2023 full-year figure at 21.06%, changed N/A from the prior year.
- Tax Rate was 146.02% for Q1 2024 at Flywheel Advanced Technology, up from 22.83% in the prior quarter.
- The five-year high for Tax Rate was 146.02% in Q1 2024, with the low at 446.49% in Q3 2023.
- Average Tax Rate over 3 years is 53.37%, with a median of 9.59% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 183 bps in 2023, then surged 14420 bps in 2024.
- Over 3 years, Tax Rate stood at 21.0% in 2022, then slipped by 9 bps to 22.83% in 2023, then jumped by 740 bps to 146.02% in 2024.
- The last three Tax Rate figures came in at 146.02% (Q1 2024), 22.83% (Q4 2023), and 446.49% (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 21.36 Bn | 20.27 Bn | 1.34 Bn | 22.29% |
| 2 | Cdw | 19.57 Bn | 19.21 Bn | 1.32 Bn | 26.55% |
| 3 | Arrow Electronics | 11.66 Bn | 11.42 Bn | 1.13 Bn | 22.74% |
| 4 | Avnet | 8.15 Bn | 7.99 Bn | 865.03 Mn | 20.97% |
| 5 | Ingram Micro Holding | 6.36 Bn | 5.55 Bn | 958.68 Mn | 29.63% |
| 6 | Insight Enterprises | 4.88 Bn | 4.52 Bn | 521.60 Mn | 27.04% |
| 7 | Eplus | 2.36 Bn | 1.91 Bn | 151.33 Mn | 27.88% |
| 8 | Pc Connection | 2.15 Bn | 1.81 Bn | 157.47 Mn | 27.16% |
| 9 | Scansource | 1.24 Bn | 1.15 Bn | 119.85 Mn | 23.01% |
| 10 | Flywheel Advanced Technology | 13.64 Mn | 13.60 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 146.02% |
| Dec 31, 2023 | -22.83% |
| Sep 30, 2023 | -446.49% |
| Jun 30, 2023 | 22.27% |
| Mar 31, 2023 | 1.82% |
| Dec 31, 2022 | -21.00% |