Recon Technology (RCON) Tax Rate (2010 - 2018)

Recon Technology (RCON) reported Tax Rate of 0.03% for Q2 2018, up 27.0% on a YoY basis from 0.02% in Q2 2017, and down 86.94% sequentially from 0.02% in Q1 2018.

Recon Technology (RCON) Tax Rate (2010 - 2018) Analysis & Trends

Recon Technology (RCON) has 9 years of Tax Rate data on file, last reported at 0.03% in Q2 2018.

  • For the quarter ending Q2 2018, Tax Rate rose 27.0% year-over-year to 0.03%; the trailing twelve-month figure through Jun 2018 stood at 0.04% (up 95.0% YoY), and the FY2025 full-year result was 0.01%, down 2501.0% from the prior year.
  • Tax Rate eased to 0.03% in Q2 2018, from 0.02% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.27% in Q4 2015 to a low of 17.2% in Q1 2016.
  • A 5-year average of 2.57% and a median of 0.01% in 2016 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 5085 bps in 2014 and surged 2042 bps in 2015, its largest moves.
  • Tracing RCON's Tax Rate over 5 years: stood at 9.7% in 2014, then soared by 161 bps to 25.27% in 2015, then slumped by 99 bps to 0.37% in 2016, then tumbled by 137 bps to 0.14% in 2017, then jumped by 78 bps to 0.03% in 2018.
  • Business Quant data shows RCON's Tax Rate at 0.03% in Q2 2018, 0.02% in Q1 2018, and 0.14% in Q3 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 20.40
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 26.95
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 18.45
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 42.86
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 44.00
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.96
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 34.15
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 13.39
10 Recon Technology 4.22 Mn -8.27 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2018 -0.03
Jun 30, 2018 -0.03
Jun 30, 2018 -0.03
Mar 31, 2018 -0.02
Mar 31, 2018 -0.02
Mar 31, 2018 -0.02
Sep 30, 2017 -0.14
Sep 30, 2017 -0.14
Sep 30, 2017 -0.14
Jun 30, 2017 -0.30
Jun 30, 2017 -0.30
Jun 30, 2017 -0.30
Mar 31, 2017 -4.07
Mar 31, 2017 -4.07
Mar 31, 2017 -4.07
Sep 30, 2016 0.37
Sep 30, 2016 0.37
Sep 30, 2016 0.37
Jun 30, 2016 -0.01
Jun 30, 2016 -0.01