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
DateValue
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%