Procyon Corp (PCYN) Tax Rate (2010 - 2023)
Procyon (PCYN) reported Tax Rate of -50.48% for fiscal Q4 2024 (quarter ended Jun 30, 2024), down 79.34 percentage points from 28.86% a year earlier but up 5.60 percentage points from the prior quarter.
Procyon Corp (PCYN) Tax Rate (2010 - 2023) Analysis & Trends
For FY2024 (ended Jun 30, 2024), Procyon posted Tax Rate of -99.17%, down 122.31 percentage points from FY2023.
- Tax Rate has a five-year change of -129.21 percentage points (FY2019 to FY2024).
- By fiscal year, Tax Rate came in at 23.14% in FY2023 (+12.26 pp), 10.88% in FY2022 (+5.51 pp), 5.38% in FY2021 and 8.51% in FY2020 (-21.54 pp).
- Five-year quarterly Tax Rate spans a low of -177.32% in fiscal Q2 2024 and a high of 35.88% in fiscal Q1 2022.
- Year over year, Tax Rate has now declined in each of the last four quarters, with an average year-over-year change of -40.29 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2023 (a gain of 51.22 percentage points); the low point was fiscal Q2 2024 (a drop of 201.58 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2024 came in at -56.07% (Q3 2024), -177.32% (Q2 2024) and 21.68% (Q1 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 28.86% |
| Sep 30, 2021 | 35.88% |
| Dec 31, 2020 | 28.45% |
| Mar 31, 2020 | 27.24% |
| Dec 31, 2019 | 104.96% |
| Sep 30, 2019 | 27.36% |
| Mar 31, 2019 | 25.93% |
| Sep 30, 2018 | 28.34% |
| Mar 31, 2018 | 28.88% |
| Dec 31, 2017 | 1,841.28% |
| Sep 30, 2017 | 48.58% |
| Dec 31, 2016 | 41.18% |
| Sep 30, 2016 | 39.74% |
| Jun 30, 2011 | 25.68% |
| Dec 31, 2010 | 38.03% |
Procyon Corp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PCYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PCYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PCYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();