Laser Photonics (LASE) Tax Rate (2021 - 2022)

Laser Photonics (LASE) reported Tax Rate of 0.46% for Q4 2022, up 591.75% sequentially from 0.07% in Q1 2021.

Laser Photonics (LASE) Tax Rate (2021 - 2022) Analysis & Trends

Laser Photonics (LASE) has 2 years of Tax Rate data on file, last reported at 0.46% in Q4 2022.

Quarterly Tax Rate changed N/A year-over-year to 0.46% in Q4 2022, while the trailing twelve-month figure through Sep 2023 was 0.24% (changed N/A YoY) and the FY2021 annual result came in at 0.01%, changed N/A from the prior year.
Tax Rate came in at 0.46% for Q4 2022 at Laser Photonics, up from 0.07% in the prior quarter.
The five-year high for Tax Rate was 0.46% in Q4 2022, with the low at 0.07% in Q1 2021.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	GE Vernova	299.46 Bn	290.43 Bn	1.78 Bn	6.94
2	Eaton	164.06 Bn	163.35 Bn	2.65 Bn	21.68
3	Parker-Hannifin	120.65 Bn	120.18 Bn	2.02 Bn	19.21
4	Cummins	98.98 Bn	96.25 Bn	2.24 Bn	27.19
5	Emerson Electric	84.75 Bn	82.97 Bn	2.42 Bn	22.07
6	Illinois Tool Works	76.17 Bn	75.34 Bn	1.76 Bn	20.58
7	Ametek	54.28 Bn	53.79 Bn	717.56 Mn	18.99
8	Rockwell Automation	53.18 Bn	52.81 Bn	1.13 Bn	20.23
9	Ingersoll Rand	30.53 Bn	29.32 Bn	792.40 Mn	15.70
10	Laser Photonics	62.49 Mn	60.86 Mn	-388,451.00	-

Historic Data

Download Data

Date	Value
Dec 31, 2022	0.46%
Dec 31, 2022	0.46%
Mar 31, 2021	0.07%
Mar 31, 2021	0.07%