I-ON Digital (IONI) Tax Rate (2015 - 2022)

I-ON Digital's (IONI) quarterly Tax Rate came in at 2.0% in Q3 2022, up 14568.0% year-on-year from N/an in Q3 2021, and up 133.39% quarter-over-quarter from 5.98% in Q2 2022.

I-ON Digital (IONI) Tax Rate (2015 - 2022) Analysis & Trends

I-ON Digital has disclosed Tax Rate across 8 years of filings, most recently posting 2.0% for Q3 2022.

  • Tax Rate for Q3 2022 came in at 2.0%, up 14568.0% year-over-year; the trailing twelve-month figure through Mar 2023 was 4.06% (up 1842.0% YoY), and the FY2023 annual result 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.
  • The 5-year median for Tax Rate is 2.97% (2019), against an average of 13.44%.
  • Across the five-year window, Tax Rate surged 15499 bps in 2018 and sank 15146 bps in 2021, its largest moves.
  • I-ON Digital's Tax Rate stood at 34.53% in 2018, then jumped by 215 bps to 39.6% in 2019, then slumped by 115 bps to 5.93% in 2020, then surged by 510 bps to 24.33% in 2021, then tumbled by 92 bps to 2.0% in 2022.
  • The last three Tax Rate figures came in at 2.0% (Q3 2022), 5.98% (Q2 2022), and 24.33% (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 I-ON Digital - - - -

Historic Data

Download Data
DateValue
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%