I-ON Digital (IONI) Tax Rate (2015 - 2022)
I-ON Digital recorded quarterly Tax Rate of 2.0% in Q3 2022, up 133.39% quarter-over-quarter from 5.98% in Q2 2022, and up 14568.0% year-over-year from N/an in Q3 2021.
I-ON Digital's Tax Rate history runs 8 years deep, the most recent figure standing at 2.0% for Q3 2022.
- In Q3 2022, Tax Rate rose 14568.0% year-over-year to 2.0%; the TTM figure through Mar 2023 stood at 4.06% (up 1842.0% YoY), while the FY2023 annual figure was 0.1%, changed N/A from the prior year.
- Tax Rate came in at 2.0% for Q3 2022 at I-ON Digital, up from 5.98% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 39.6% in Q4 2019 to a low of 143.68% in Q3 2021.
- A 5-year average of 13.44% and a median of 2.97% in 2019 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 15499 bps in 2018 and plunged 15146 bps in 2021, its largest moves.
- I-ON Digital's Tax Rate stood at 34.53% in 2018, then surged by 215 bps to 39.6% in 2019, then sank by 115 bps to 5.93% in 2020, then soared by 510 bps to 24.33% in 2021, then slumped by 92 bps to 2.0% in 2022.
- According to Business Quant data, Tax Rate over the past three periods registered 2.0%, 5.98%, and 24.33% for Q3 2022, Q2 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | I-ON Digital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 2.00 |
| Sep 30, 2022 | 2.00 |
| Jun 30, 2022 | -5.98 |
| Jun 30, 2022 | -5.98 |
| Dec 31, 2021 | 24.33 |
| Dec 31, 2021 | 24.33 |
| Sep 30, 2021 | -143.68 |
| Sep 30, 2021 | -143.68 |
| Jun 30, 2021 | 3.06 |
| Jun 30, 2021 | 3.06 |
| Mar 31, 2021 | -17.41 |
| Mar 31, 2021 | -17.41 |
| Dec 31, 2020 | -5.93 |
| Dec 31, 2020 | -5.93 |
| Sep 30, 2020 | 7.77 |
| Sep 30, 2020 | 7.77 |
| Jun 30, 2020 | -64.34 |
| Jun 30, 2020 | -64.34 |
| Mar 31, 2020 | 5.04 |
| Mar 31, 2020 | 5.04 |
| Dec 31, 2019 | 0.89 |
| Dec 31, 2019 | 0.89 |
| Sep 30, 2019 | -34.73 |
| Sep 30, 2019 | -34.73 |
| Jun 30, 2019 | -21.37 |
| Jun 30, 2019 | -21.37 |
| Mar 31, 2019 | -2.29 |
| Mar 31, 2019 | -2.29 |
| Dec 31, 2018 | -1.61 |
| Dec 31, 2018 | -1.61 |
| Sep 30, 2018 | 6.29 |
| Sep 30, 2018 | 6.29 |
| Jun 30, 2018 | 4.00 |
| Jun 30, 2018 | 4.00 |
| Mar 31, 2018 | -3.64 |
| Mar 31, 2018 | -3.64 |
| Dec 31, 2017 | -38.48 |
| Dec 31, 2017 | -38.48 |
| Sep 30, 2017 | -148.69 |
| Sep 30, 2017 | -148.69 |
| Jun 30, 2017 | 16.83 |
| Jun 30, 2017 | 16.83 |
| Mar 31, 2017 | -6.11 |
| Mar 31, 2017 | -6.11 |
| Sep 30, 2016 | -0.35 |
| Sep 30, 2016 | -0.35 |
| Dec 31, 2015 | -1.14 |
| Dec 31, 2015 | -1.14 |
| Sep 30, 2015 | -38.16 |
| Sep 30, 2015 | -38.16 |
| Jun 30, 2015 | -0.40 |
| Jun 30, 2015 | -0.40 |