Kraig Biocraft Laboratories (KBLB) Tax Rate (2015 - 2019)
Kraig Biocraft Laboratories' (KBLB) quarterly Tax Rate came in at 67.79% in Q4 2019, down 21783.0% year-over-year from N/an in Q4 2018, and down 76.27% quarter-over-quarter from 285.62% in Q4 2018.
Analysis
Kraig Biocraft Laboratories (KBLB) Tax Rate (2015 - 2019) Analysis & Trends
Kraig Biocraft Laboratories has disclosed Tax Rate across 5 years of filings, most recently posting 67.79% for Q4 2019.
- In Q4 2019, Tax Rate fell 21783.0% year-over-year to 67.79%; the TTM figure through Dec 2019 stood at 20.99% (down 9983.0% YoY), while the FY2025 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate came in at 67.79% for Q4 2019 at Kraig Biocraft Laboratories, down from 285.62% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 285.62% in Q4 2018 to a low of 67.79% in Q4 2019.
- Average Tax Rate over 5 years is 182.83%, with a median of 180.8% recorded in 2015.
- Year-over-year, Tax Rate soared 15088 bps in 2017 and plunged 21783 bps in 2019.
- Over 5 years, Tax Rate stood at 180.8% in 2015, then plunged by 37 bps to 114.54% in 2016, then soared by 132 bps to 265.42% in 2017, then rose by 8 bps to 285.62% in 2018, then slumped by 76 bps to 67.79% in 2019.
- Per Business Quant data, the three most recent Tax Rate figures were 67.79% in Q4 2019, 285.62% in Q4 2018, and 265.42% in Q4 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 140.57 Bn | 138.07 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 27.14 Bn | 26.36 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 25.86 Bn | 24.90 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 21.43 Bn | 20.86 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.29 Bn | 15.55 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 12.89 Bn | 12.67 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 9.77 Bn | 9.02 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.34 Bn | 8.15 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 7.81 Bn | 7.12 Bn | 560.00 Mn | 23.15% |
| 10 | Kraig Biocraft Laboratories | 90.38 Mn | 90.38 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 67.79% |
| Dec 31, 2018 | 285.62% |
| Dec 31, 2017 | 265.42% |
| Dec 31, 2016 | 114.54% |
| Dec 31, 2015 | 180.80% |