Poet Technologies (POET) Tax Rate (2018 - 2019)
Poet Technologies' Tax Rate was 14.62% in the quarter ended Dec 31, 2019, up 12.55 percentage points from 2.07% a year earlier.
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Analysis
Poet Technologies (POET) Tax Rate (2018 - 2019) Analysis & Trends
For the year ended Dec 31, 2019, Tax Rate at Poet Technologies came in at -2.50%, up 1.04 percentage points from the prior year.
- Tax Rate shows a three-year change of -0.95 percentage points (years ended Dec 2016 to Dec 2019).
- In earlier years, Tax Rate was -3.54% in the year ended Dec 31, 2018 (-1.26 pp), -2.28% in the year ended Dec 31, 2017 (-0.73 pp) and -1.54% in the year ended Dec 31, 2016.
- The figure for the quarter ended Dec 31, 2019 marks the highest quarterly Tax Rate in data going back to the quarter ended Sep 30, 2016.
- Compared with a year earlier, Tax Rate was higher in three of the last five quarters, with an average year-over-year change of +3.95 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Poet Technologies | 725.69 Mn | -886.24 Mn | - | - |
API Access
Poet Technologies 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=POET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "POET", "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=POET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();