Mynd.ai (MYND) Tax Rate (2016 - 2021)
Quarterly results put Tax Rate at 108.27% for Q4 2021, up 43651.0% from a year ago — trailing twelve months through Dec 2021 was 91.29% (down 9517.0% YoY), and the annual figure for FY2024 was 192.28%, up 21222.0%.
Mynd.ai has reported Tax Rate over the past 6 years, most recently at 108.27% for Q4 2021.
- Tax Rate reached 108.27% in Q4 2021 per MYND's latest filing, up from 3.48% in the prior quarter.
- Across five years, Tax Rate topped out at 108.27% in Q4 2021 and bottomed at 328.24% in Q4 2020.
- Median Tax Rate over the past 5 years was 25.78% (2017), compared with a mean of 3.2%.
- The largest annual shift saw Tax Rate crashed -40599bps in 2020 before it skyrocketed 43651bps in 2021.
- Over 5 years, Tax Rate stood at 68.16% in 2017, then skyrocketed by 37bps to 93.39% in 2018, then decreased by -17bps to 77.75% in 2019, then crashed by -522bps to 328.24% in 2020, then soared by 133bps to 108.27% in 2021.
- Business Quant data shows Tax Rate for MYND at 108.27% in Q4 2021, 3.48% in Q2 2021, and 51.33% in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 11.20 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 24.35 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 20.92 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 23.49 |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 26.13 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 20.81 |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -26.11 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 22.46 |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 22.21 |
| 10 | Mynd.ai | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 108.27% |
| Dec 31, 2021 | 108.27% |
| Jun 30, 2021 | 3.48% |
| Jun 30, 2021 | 3.48% |
| Mar 31, 2021 | -51.33% |
| Mar 31, 2021 | -51.33% |
| Dec 31, 2020 | -328.24% |
| Dec 31, 2020 | -328.24% |
| Mar 31, 2020 | -16.30% |
| Mar 31, 2020 | -16.30% |
| Dec 31, 2019 | 77.75% |
| Dec 31, 2019 | 77.75% |
| Mar 31, 2019 | -14.53% |
| Mar 31, 2019 | -14.53% |
| Dec 31, 2018 | 93.39% |
| Dec 31, 2018 | 93.39% |
| Jun 30, 2018 | 35.01% |
| Jun 30, 2018 | 35.01% |
| Mar 31, 2018 | -32.71% |
| Mar 31, 2018 | -32.71% |
| Dec 31, 2017 | 68.16% |
| Dec 31, 2017 | 68.16% |
| Sep 30, 2017 | 50.28% |
| Sep 30, 2017 | 50.28% |
| Jun 30, 2017 | 26.50% |
| Jun 30, 2017 | 26.50% |
| Mar 31, 2017 | 25.05% |
| Mar 31, 2017 | 25.05% |
| Dec 31, 2016 | 24.30% |
| Dec 31, 2016 | 24.30% |
| Sep 30, 2016 | 26.17% |
| Sep 30, 2016 | 26.17% |