Growth Metrics

iHeartMedia (IHETW) Tax Rate (2016 - 2022)

iHeartMedia's Tax Rate history spans 8 years, with the latest figure at 4.53% for Q3 2022.

  • For Q3 2022, Tax Rate fell 12017.0% year-over-year to 4.53%; the TTM value through Sep 2022 reached 31.1%, up 4712.0%, while the annual FY2021 figure was 5.59%, 1434.0% down from the prior year.
  • Tax Rate reached 4.53% in Q3 2022 per IHETW's latest filing, down from 10.5% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 224.64% in Q1 2019 to a low of 325.51% in Q2 2021.
  • Average Tax Rate over 5 years is 17.54%, with a median of 23.68% recorded in 2019.
  • Peak YoY movement for Tax Rate: plummeted -34366bps in 2021, then skyrocketed 33601bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 11.47% in 2018, then soared by 401bps to 57.52% in 2019, then soared by 56bps to 89.78% in 2020, then crashed by -278bps to 159.71% in 2021, then surged by 97bps to 4.53% in 2022.
  • Per Business Quant, the three most recent readings for IHETW's Tax Rate are 4.53% (Q3 2022), 10.5% (Q2 2022), and 159.71% (Q4 2021).