Precipio (PRPO) Tax Rate (2010 - 2018)

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

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

Precipio (PRPO) has reported Tax Rate for 8 consecutive years, with 4.07% the latest figure, recorded in Q4 2018.

  • Tax Rate for Q4 2018 came in at 4.07%, up 757.0% year-over-year; the trailing twelve-month figure through Sep 2021 was 3.41% (changed N/A YoY), and the FY2019 annual result was 0.53%, down 122.0% from the prior year.
  • Tax Rate was 4.07% for Q4 2018 at Precipio, up from 3.5% in the prior quarter.
  • Over five years, Tax Rate peaked at 65.65% in Q4 2014 and troughed at 13.76% in Q1 2014.
  • Average Tax Rate over 4 years is 10.92%, with a median of 0.12% recorded in 2014.
  • Year-over-year, Tax Rate soared 6306 bps in 2014 and plunged 6569 bps in 2015.
  • Over 4 years, Tax Rate stood at 65.65% in 2014, then tumbled by 100 bps to 0.04% in 2015, then slumped by 9130 bps to 3.5% in 2017, then surged by 216 bps to 4.07% in 2018.
  • Per Business Quant data, the three most recent Tax Rate figures were 4.07% in Q4 2018, 3.5% in Q4 2017, and 0.04% in Q4 2015.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Precipio 40.01 Mn 37.36 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%