Scientific Industries (SCND) Tax Rate (2010 - 2023)
Scientific Industries (SCND) recorded quarterly Tax Rate of 4.67% in Q4 2023, up 7392.54% quarter-over-quarter from 0.06% in Q2 2022.
Scientific Industries (SCND) Tax Rate (2010 - 2023) Analysis & Trends
Scientific Industries' Tax Rate history runs 14 years deep, the most recent figure standing at 4.67% for Q4 2023.
- In Q4 2023, Tax Rate changed N/A year-over-year to 4.67%; the TTM figure through Sep 2024 stood at 1.52% (up 149.0% YoY), while the FY2025 annual figure was 0.26%, changed N/A from the prior year.
- Tax Rate was 4.67% for Q4 2023 at Scientific Industries, up from 0.06% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 92.87% in Q1 2019 to a low of 16.46% in Q2 2019.
- Historically, Tax Rate has averaged 25.4% across 5 years, with a median of 16.43% in 2020.
- Biggest YoY gain for Tax Rate was 8934 bps in 2020; the steepest drop was 7644 bps in 2020.
- A 5-year view of Tax Rate shows it stood at 16.46% in 2019, then jumped by 296 bps to 32.29% in 2020, then sank by 36 bps to 20.66% in 2021, then plunged by 100 bps to 0.06% in 2022, then jumped by 7393 bps to 4.67% in 2023.
- The last three Tax Rate figures came in at 4.67% (Q4 2023), 0.06% (Q2 2022), and 5.16% (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn | 1.45% |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn | -41.92% |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn | 14.27% |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn | 18.62% |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn | 17.65% |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn | 16.63% |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn | 24.68% |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn | 16.28% |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn | 23.50% |
| 10 | Scientific Industries | - | - | 469,900.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 4.67% |
| Dec 31, 2023 | 4.67% |
| Jun 30, 2022 | 0.06% |
| Jun 30, 2022 | 0.06% |
| Mar 31, 2022 | 5.16% |
| Mar 31, 2022 | 5.16% |
| Mar 31, 2021 | 20.66% |
| Mar 31, 2021 | 20.66% |
| Sep 30, 2020 | 32.29% |
| Sep 30, 2020 | 32.29% |
| Jun 30, 2020 | 72.88% |
| Jun 30, 2020 | 72.88% |
| Mar 31, 2020 | 16.43% |
| Mar 31, 2020 | 16.43% |
| Jun 30, 2019 | -16.46% |
| Jun 30, 2019 | -16.46% |
| Mar 31, 2019 | 92.87% |
| Mar 31, 2019 | 92.87% |
| Dec 31, 2018 | 20.43% |
| Dec 31, 2018 | 20.43% |