Genco Shipping & Trading (GNK) Tax Rate (2010 - 2016)

Genco Shipping & Trading (GNK) has 7 years of Tax Rate data on file, last reported at 0.23% in Q4 2016.

• On a quarterly basis, Tax Rate rose 77.0% year-over-year to 0.23% in Q4 2016; TTM through Sep 2017 was 0.07%, a 49.0% increase from a year earlier, with the FY2020 full-year figure at 0.18%, up 25.0% from the prior year.
• Tax Rate for Q4 2016 stood at 0.23%, up from 1.54% in the prior quarter.
• Over the last five years, Tax Rate for GNK reached as high as 54.41% in Q2 2014 and fell as low as 131.19% in Q4 2013.
• Historically, Tax Rate has averaged 4.25% across 5 years, with a median of 0.54% in 2015.
• Across the five-year window, Tax Rate slumped 13144 bps in 2013 and jumped 5502 bps in 2014, its largest moves.
• Year by year, Tax Rate stood at 0.25% in 2012, then slumped by 51761 bps to 131.19% in 2013, then soared by 99 bps to 1.77% in 2014, then jumped by 69 bps to 0.54% in 2015, then soared by 142 bps to 0.23% in 2016.
• Per Business Quant data, the three most recent Tax Rate figures were 0.23% in Q4 2016, 1.54% in Q3 2016, and 0.09% in Q2 2016.