South Dakota Soybean Processors (SDSYA) Tax Rate (2012 - 2019)
South Dakota Soybean Processors' (SDSYA) quarterly Tax Rate came in at 0.01% in Q1 2019, up 14.0% year-on-year from 0.01% in Q1 2018, and up 110.02% quarter-over-quarter from 0.13% in Q1 2018.
South Dakota Soybean Processors (SDSYA) Tax Rate (2012 - 2019) Analysis & Trends
South Dakota Soybean Processors' Tax Rate history runs 8 years deep, the most recent figure standing at 0.01% for Q1 2019.
- On a quarterly basis, Tax Rate rose 14.0% year-over-year to 0.01% in Q1 2019; TTM through Dec 2019 was 0.01%, a 0.0% change from a year earlier, with the FY2019 full-year figure at 0.01%, changed 0.0% from the prior year.
- Tax Rate improved to 0.01% in Q1 2019 per SDSYA's latest filing, from 0.13% in the prior quarter.
- Across five years, Tax Rate topped out at 0.09% in Q2 2017 and bottomed at 0.17% in Q1 2016.
- The 5-year median for Tax Rate is 0.01% (2019), against an average of 0.03%.
- Across the five-year window, Tax Rate decreased 2 bps in 2015 and advanced 14 bps in 2019, its largest moves.
- Year by year, Tax Rate stood at 0.04% in 2015, then tumbled by 548 bps to 0.17% in 2016, then surged by 154 bps to 0.09% in 2017, then plunged by 241 bps to 0.13% in 2018, then jumped by 110 bps to 0.01% in 2019.
- Per Business Quant, the three latest SDSYA Tax Rate figures stand at 0.01% (Q1 2019), 0.13% (Q1 2018), and 0.09% (Q2 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 20.89 |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 10.77 |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 23.63 |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 28.84 |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 22.29 |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 21.99 |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 32.34 |
| 10 | South Dakota Soybean Processors | 214.40 Mn | 206.05 Mn | 4.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 0.01 |
| Mar 31, 2019 | 0.01 |
| Mar 31, 2019 | 0.01 |
| Mar 31, 2018 | -0.13 |
| Mar 31, 2018 | -0.13 |
| Mar 31, 2018 | -0.13 |
| Jun 30, 2017 | 0.09 |
| Jun 30, 2017 | 0.09 |
| Jun 30, 2017 | 0.09 |
| Mar 31, 2016 | -0.17 |
| Mar 31, 2016 | -0.17 |
| Mar 31, 2016 | -0.17 |
| Jun 30, 2015 | 0.04 |
| Jun 30, 2015 | 0.04 |
| Jun 30, 2015 | 0.04 |
| Jun 30, 2014 | 0.06 |
| Jun 30, 2014 | 0.06 |
| Jun 30, 2014 | 0.06 |
| Mar 31, 2013 | 0.01 |
| Mar 31, 2013 | 0.01 |