Optimum Communications (OPTU) Current Taxes (2015 - 2021)
Optimum Communications' (OPTU) quarterly Current Taxes came in at $21.0 million in Q3 2021, up 271.71% on a YoY basis from $5.6 million in Q3 2020, and up 45.13% quarter-over-quarter from $14.4 million in Q2 2021.
Analysis
Optimum Communications (OPTU) Current Taxes (2015 - 2021) Analysis & Trends
Optimum Communications (OPTU) has reported Current Taxes for 7 consecutive years, with $21.0 million the latest figure, recorded in Q3 2021.
- For the quarter ending Q3 2021, Current Taxes rose 271.71% year-over-year to $21.0 million; the trailing twelve-month figure through Sep 2021 stood at $21.0 million (up 271.71% YoY), and the FY2020 full-year result was $8.5 million, up 14.51% from the prior year.
- Current Taxes grew to $21.0 million in Q3 2021 per OPTU's latest filing, from $14.4 million in the prior quarter.
- Across five years, Current Taxes topped out at $29.0 million in Q3 2017 and bottomed at $5.5 million in Q1 2019.
- Historically, Current Taxes has averaged $13.9 million across 5 years, with a median of $11.0 million in 2017.
- The sharpest annual moves came in 2017 and 2021: Current Taxes slumped 91.36% in 2017, then soared 271.71% in 2021.
- Over 5 years, Current Taxes stood at $11.0 million in 2017, then surged by 137.28% to $26.1 million in 2018, then tumbled by 71.43% to $7.5 million in 2019, then advanced by 14.51% to $8.5 million in 2020, then soared by 145.63% to $21.0 million in 2021.
- According to Business Quant data, Current Taxes over the past three periods registered $21.0 million, $14.4 million, and $12.7 million for Q3 2021, Q2 2021, and Q1 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Comcast | 235.03 Bn | 227.55 Bn | - | - |
| 2 | Grupo Televisa, S.A.B | 31.11 Bn | 29.27 Bn | 318.12 Mn | - |
| 3 | Charter Communications | 16.86 Bn | 16.35 Bn | - | - |
| 4 | Lumen Technologies | 6.85 Bn | 4.97 Bn | 1.39 Bn | 755.00 Mn |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | - |
| 6 | Telephone & Data Systems | 4.29 Bn | 2.10 Bn | 185.25 Mn | 260.11 Mn |
| 7 | Liberty Global | 3.61 Bn | 1.19 Bn | 796.60 Mn | 103.90 Mn |
| 8 | Uniti | 2.49 Bn | 1.88 Bn | 567.70 Mn | 65.80 Mn |
| 9 | Idt | 1.73 Bn | 1.49 Bn | 122.50 Mn | - |
| 10 | Optimum Communications | 433.40 Mn | -925.86 Mn | 1.37 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 20.97 Mn |
| Jun 30, 2021 | 14.45 Mn |
| Mar 31, 2021 | 12.70 Mn |
| Dec 31, 2020 | 8.54 Mn |
| Sep 30, 2020 | 5.64 Mn |
| Jun 30, 2020 | 5.72 Mn |
| Mar 31, 2020 | 8.51 Mn |
| Dec 31, 2019 | 7.46 Mn |
| Sep 30, 2019 | 6.90 Mn |
| Jun 30, 2019 | 6.48 Mn |
| Mar 31, 2019 | 5.54 Mn |
| Dec 31, 2018 | 26.10 Mn |
| Sep 30, 2018 | 23.42 Mn |
| Jun 30, 2018 | 24.39 Mn |
| Mar 31, 2018 | 11.08 Mn |
| Dec 31, 2017 | 11.00 Mn |
| Sep 30, 2017 | 29.00 Mn |
| Jun 30, 2017 | 21.75 Mn |
| Dec 31, 2016 | 127.36 Mn |
| Dec 31, 2015 | 29.73 Mn |