Precipio (PRPO) Tax Rate (2010 - 2018)

Precipio (PRPO) reported Tax Rate of 4.07% for Q4 2018, up 757.0% on a YoY basis from 0.47% in Q4 2017, and up 216.34% quarter-over-quarter from 3.5% in Q4 2017.

Precipio (PRPO) Tax Rate (2010 - 2018) Analysis & Trends

Precipio has reported Tax Rate for 8 years, with the latest figure at 4.07% in Q4 2018.

  • For the quarter ending Q4 2018, Tax Rate rose 757.0% year-over-year to 4.07%; the trailing twelve-month figure through Sep 2021 stood at 3.41% (changed N/A YoY), and the FY2019 full-year result was 0.53%, down 122.0% from the prior year.
  • Tax Rate for Q4 2018 stood at 4.07%, up from 3.5% in the prior quarter.
  • The five-year high for Tax Rate was 65.65% in Q4 2014, with the low at 13.76% in Q1 2014.
  • Historically, Tax Rate has averaged 10.92% across 4 years, with a median of 0.12% in 2014.
  • Annual changes were most pronounced in 2014 — Tax Rate jumped 6306 bps — and 2015, when it slumped 6569 bps.
  • Precipio's Tax Rate stood at 65.65% in 2014, then plunged by 100 bps to 0.04% in 2015, then tumbled by 9130 bps to 3.5% in 2017, then surged by 216 bps to 4.07% in 2018.
  • The last three Tax Rate figures came in at 4.07% (Q4 2018), 3.5% (Q4 2017), and 0.04% (Q4 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 4.04%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 21.66%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 16.91%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 17.99%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -0.35%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 19.17%
10 Precipio 37.04 Mn 34.39 Mn 3.13 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2018 4.07%
Dec 31, 2018 4.07%
Dec 31, 2017 -3.50%
Dec 31, 2017 -3.50%
Dec 31, 2015 -0.04%
Dec 31, 2015 -0.04%
Jun 30, 2015 0.04%
Jun 30, 2015 0.04%
Dec 31, 2014 65.65%
Dec 31, 2014 65.65%
Sep 30, 2014 34.67%
Sep 30, 2014 34.67%
Jun 30, 2014 0.21%
Jun 30, 2014 0.21%
Mar 31, 2014 -13.76%
Mar 31, 2014 -13.76%
Dec 31, 2013 2.59%
Dec 31, 2013 2.59%
Sep 30, 2013 0.14%
Sep 30, 2013 0.14%