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| Date | Value |
|---|---|
| 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% |