Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Ratios

Highway Holdings (HIHO) Tax Rate (2009 - 2023)

Highway Holdings (HIHO) reported Tax Rate of 2.67% for Q1 2023, up 241.0% year-over-year from 0.78% in Q1 2022, and down 95.37% on a QoQ basis from 57.69% in Q4 2022.

Highway Holdings (HIHO) has 14 years of Tax Rate data on file, last reported at 2.67% in Q1 2023.

  • Quarterly Tax Rate rose 241.0% year-over-year to 2.67% in Q1 2023, while the trailing twelve-month figure through Mar 2023 was 0.01% (up 638.0% YoY) and the FY2025 annual result came in at 25.85%, up 1172.0% from the prior year.
  • Tax Rate fell to 2.67% in Q1 2023 per HIHO's latest filing, from 57.69% in the prior quarter.
  • Across five years, Tax Rate topped out at 307.69% in Q4 2020 and bottomed at 18.81% in Q4 2019.
  • The 5-year median for Tax Rate is 20.28% (2023), against an average of 54.29%.
  • The widest annual swing landed in 2020, when Tax Rate surged 32650 bps; it then sank 26980 bps in 2021.
  • Tracing HIHO's Tax Rate over 5 years: stood at 18.81% in 2019, then surged by 1736 bps to 307.69% in 2020, then plunged by 88 bps to 37.89% in 2021, then soared by 52 bps to 57.69% in 2022, then plunged by 95 bps to 2.67% in 2023.
  • Per Business Quant, the three latest HIHO Tax Rate figures stand at 2.67% (Q1 2023), 57.69% (Q4 2022), and 0.26% (Q1 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 11.79
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 21.00
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 24.80
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 19.79
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 24.94
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 28.28
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn 28.81
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 23.29
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 16.39
10 Highway Holdings 68.40 -5.15 Mn 292.00 -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2023 2.67
Mar 31, 2023 2.67
Dec 31, 2022 57.69
Dec 31, 2022 57.69
Mar 31, 2022 0.26
Mar 31, 2022 0.26
Dec 31, 2021 37.89
Dec 31, 2021 37.89
Mar 31, 2021 0.04
Mar 31, 2021 0.04
Dec 31, 2020 307.69
Dec 31, 2020 307.69
Mar 31, 2020 46.86
Mar 31, 2020 46.86
Dec 31, 2019 -18.81
Dec 31, 2019 -18.81
Mar 31, 2017 -41.38
Mar 31, 2017 -41.38
Mar 31, 2016 -34.04
Mar 31, 2016 -34.04
Mar 31, 2015 27.05
Mar 31, 2015 27.05
Mar 31, 2014 11.97
Mar 31, 2014 11.97
Mar 31, 2013 132.71
Mar 31, 2013 132.71
Mar 31, 2012 -70.39
Mar 31, 2012 -70.39
Mar 31, 2011 -5.93
Mar 31, 2011 -5.93
Mar 31, 2010 3.02
Mar 31, 2010 3.02
Mar 31, 2009 17,629.63
Mar 31, 2009 17,629.63