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.

For the quarter ending Q4 2022, Tax Rate changed N/A year-over-year to 0.46%; the trailing twelve-month figure through Sep 2023 stood at 0.24% (changed N/A YoY), and the FY2021 full-year result was 0.01%, changed N/A from the prior year.
Tax Rate climbed to 0.46% in Q4 2022, from 0.07% in the prior quarter.
In the past five years, Tax Rate ranged from a high of 0.46% in Q4 2022 to a low of 0.07% in Q1 2021.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	GE Vernova	270.93 Bn	257.81 Bn	2.36 Bn	29.84
2	Eaton	156.55 Bn	155.79 Bn	2.65 Bn	21.68
3	Parker-Hannifin	124.04 Bn	123.57 Bn	2.02 Bn	19.21
4	Cummins	91.66 Bn	88.48 Bn	2.24 Bn	27.19
5	Emerson Electric	82.90 Bn	81.11 Bn	2.42 Bn	22.07
6	Illinois Tool Works	81.54 Bn	80.71 Bn	1.76 Bn	20.58
7	Ametek	55.40 Bn	54.92 Bn	717.56 Mn	18.99
8	Rockwell Automation	51.78 Bn	51.35 Bn	1.13 Bn	20.23
9	Ingersoll Rand	32.99 Bn	31.71 Bn	792.40 Mn	15.70
10	Laser Photonics	30.08 Mn	28.45 Mn	-388,451.00	-

Historic Data

Download Data

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