Grupo Financiero Galicia (GGAL) Tax Rate (2009 - 2017)
Grupo Financiero Galicia (GGAL) reported Tax Rate of -7.37% for the quarter ended Sep 30, 2020, down 1.15 percentage points from the prior quarter.
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Analysis
Grupo Financiero Galicia (GGAL) Tax Rate (2009 - 2017) Analysis & Trends
Over the twelve months ended Sep 30, 2020, Grupo Financiero Galicia's Tax Rate came in at -1.66%; for the year ended Dec 31, 2019, it was -8.45%.
- Tax Rate has a five-year change of -45.83 percentage points (years ended Dec 2014 to Dec 2019).
- By year, Tax Rate came in at 34.64% in the year ended Dec 31, 2017 (+32.91 pp), 1.73% in the year ended Dec 31, 2016 (-0.40 pp) and 2.13% in the year ended Dec 31, 2015 (-35.25 pp).
- The figure for the quarter ended Sep 30, 2020 ranks as the lowest quarterly Tax Rate since the quarter ended Sep 30, 2017.
- The high point for year-over-year Tax Rate in five years was the quarter ended Sep 30, 2018 (a gain of 35.88 percentage points); the low point was the quarter ended Dec 31, 2015 (a drop of 1373.13 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 23.12% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 21.54% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 23.07% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 22.26% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 16.66% |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 22.60% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 17.42% |
| 10 | Grupo Financiero Galicia | 49.34 Bn | 49.63 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | 0.06% |
| Sep 30, 2016 | 35.88% |
| Jun 30, 2016 | 0.18% |
| Mar 31, 2016 | 36.47% |
| Sep 30, 2015 | 38.60% |
| Jun 30, 2015 | 38.81% |
| Mar 31, 2015 | 40.99% |
| Sep 30, 2014 | 39.20% |
| Jun 30, 2014 | 38.69% |
| Sep 30, 2013 | 40.19% |
| Jun 30, 2013 | 23.80% |
| Mar 31, 2013 | 41.63% |
| Dec 31, 2012 | 9.18% |
| Sep 30, 2012 | 13.59% |
| Jun 30, 2012 | 17.89% |
| Mar 31, 2012 | 41.82% |
| Dec 31, 2011 | 16.88% |
| Jun 30, 2011 | 34.13% |
| Mar 31, 2011 | 36.70% |
| Dec 31, 2010 | 38.70% |
API Access
Grupo Financiero Galicia 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=GGAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GGAL", "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=GGAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();