Scientific Industries (SCND) Tax Rate (2016 - 2023)
Scientific Industries (SCND) has 14 years of Tax Rate data on record, last reported at 2.0% in Q4 2023.
- For Q4 2023, Tax Rate changed N/A year-over-year to 2.0%; the TTM value through Sep 2024 reached 17.8%, down 1652.0%, while the annual FY2022 figure was 26.65%, 5507.0% down from the prior year.
- Tax Rate reached 2.0% in Q4 2023 per SCND's latest filing, up from 4.98% in the prior quarter.
- Across five years, Tax Rate topped out at 90.6% in Q1 2019 and bottomed at 17.75% in Q4 2020.
- Average Tax Rate over 5 years is 22.91%, with a median of 20.66% recorded in 2021.
- The widest YoY moves for Tax Rate: up 3361bps in 2020, down -7417bps in 2020.
- A 5-year view of Tax Rate shows it stood at 25.76% in 2019, then tumbled by -169bps to 17.75% in 2020, then skyrocketed by 307bps to 36.77% in 2021, then crashed by -100bps to 0.06% in 2022, then plummeted by -3315bps to 2.0% in 2023.
- Per Business Quant database, its latest 3 readings for Tax Rate were 2.0% in Q4 2023, 4.98% in Q2 2023, and 0.06% in Q2 2022.