Innodata (INOD) Tax Rate (2010 - 2024)
Innodata (INOD) posted quarterly Tax Rate of 51.93% for Q3 2024, down 10133.0% year-over-year from N/an in Q4 2023, and down 150.29% quarter-over-quarter from 103.26% in Q2 2024.
Innodata (INOD) Tax Rate (2010 - 2024) Analysis & Trends
Innodata's Tax Rate history runs 15 years deep, the most recent figure standing at 51.93% for Q3 2024.
- In Q3 2024, Tax Rate fell 10133.0% year-over-year to 51.93%; the TTM figure through Sep 2024 stood at 31.32% (down 5802.0% YoY), while the FY2023 annual figure was 938.13%, up 97057.0% from the prior year.
- Tax Rate for Q3 2024 stood at 51.93%, down from 103.26% in the prior quarter.
- The five-year high for Tax Rate was 324.0% in Q1 2020, with the low at 54.87% in Q2 2020.
- The 5-year median for Tax Rate is 11.5% (2023), against an average of 19.97%.
- Peak annual rise in Tax Rate reached 31815 bps in 2020, while the deepest fall reached 38798 bps in 2020.
- Innodata's Tax Rate stood at 9.5% in 2020, then tumbled by 38 bps to 13.09% in 2021, then jumped by 102 bps to 0.25% in 2022, then jumped by 10750 bps to 27.52% in 2023, then tumbled by 289 bps to 51.93% in 2024.
- Business Quant data shows INOD's Tax Rate at 51.93% in Q3 2024, 103.26% in Q2 2024, and 29.99% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 24.19% |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 29.49% |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 26.62% |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 26.40% |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 21.36% |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 23.74% |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -22.49% |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 21.06% |
| 10 | Innodata | 2.15 Bn | 1.90 Bn | 42.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -51.93% |
| Sep 30, 2024 | -51.93% |
| Sep 30, 2024 | -51.93% |
| Jun 30, 2024 | 103.26% |
| Jun 30, 2024 | 103.26% |
| Jun 30, 2024 | 103.26% |
| Mar 31, 2024 | 29.99% |
| Mar 31, 2024 | 29.99% |
| Mar 31, 2024 | 29.99% |
| Dec 31, 2023 | 27.52% |
| Dec 31, 2023 | 27.52% |
| Dec 31, 2023 | 27.52% |
| Sep 30, 2023 | 49.41% |
| Sep 30, 2023 | 49.41% |
| Sep 30, 2023 | 49.41% |
| Jun 30, 2023 | -29.98% |
| Jun 30, 2023 | -29.98% |
| Jun 30, 2023 | -29.98% |
| Mar 31, 2023 | -11.50% |
| Mar 31, 2023 | -11.50% |