Poet Technologies (POET) Tax Rate (2016 - 2019)

Poet Technologies (POET) has 4 years of Tax Rate data on file, last reported at 1804719.98% in Q4 2019.

• Quarterly Tax Rate fell 180471791.0% year-over-year to 1804719.98% in Q4 2019, while the trailing twelve-month figure through Dec 2019 was 2496209.52% (down 249622897.0% YoY) and the FY2019 annual result came in at 2.5%, up 71.0% from the prior year.
• Tax Rate declined to 1804719.98% in Q4 2019, from 2.07% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 3.69% in Q3 2016 to a low of 1804719.98% in Q4 2019.
• A 4-year average of 164064.58% and a median of 2.02% in 2017 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2017 — Tax Rate jumped 498 bps — and 2019, when it tumbled 180471791 bps.
• Tracing POET's Tax Rate over 4 years: stood at 2.42% in 2016, then jumped by 206 bps to 2.56% in 2017, then sank by 181 bps to 2.07% in 2018, then tumbled by 87121003 bps to 1804719.98% in 2019.
• The last three Tax Rate figures came in at 1804719.98% (Q4 2019), 2.07% (Q4 2018), and 2.65% (Q3 2018), per Business Quant data.