Solai (SLAIY) Tax Rate (2012 - 2019)
Solai (SLAIY) posted quarterly Tax Rate of 52.46% for Q4 2019, up 5136.0% year-over-year from 1.0% in Q4 2018, and up 21531.67% quarter-over-quarter from 0.24% in Q3 2019.
Solai (SLAIY) Tax Rate (2012 - 2019) Analysis & Trends
Solai (SLAIY) has reported Tax Rate for 8 consecutive years, with 52.46% the latest figure, recorded in Q4 2019.
- In Q4 2019, Tax Rate rose 5136.0% year-over-year to 52.46%; the TTM figure through Dec 2019 stood at 26.26% (up 3044.0% YoY), while the FY2025 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate grew to 52.46% in Q4 2019 per SLAIY's latest filing, from 0.24% in the prior quarter.
- Across five years, Tax Rate topped out at 69.21% in Q4 2015 and bottomed at 57.45% in Q4 2016.
- Historically, Tax Rate has averaged 4.89% across 5 years, with a median of 1.51% in 2016.
- Annual changes were most pronounced in 2015 — Tax Rate surged 10395 bps — and 2016, when it sank 12666 bps.
- Solai's Tax Rate stood at 69.21% in 2015, then sank by 183 bps to 57.45% in 2016, then jumped by 106 bps to 3.41% in 2017, then plunged by 68 bps to 1.1% in 2018, then surged by 4680 bps to 52.46% in 2019.
- Business Quant data shows SLAIY's Tax Rate at 52.46% in Q4 2019, 0.24% in Q3 2019, and 0.11% in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 24.19% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 29.49% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 26.62% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 26.40% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 21.36% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 23.74% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -22.49% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 21.06% |
| 10 | Solai | 31.43 Mn | 23.65 Mn | -2.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 52.46% |
| Dec 31, 2019 | 52.46% |
| Dec 31, 2019 | 52.46% |
| Sep 30, 2019 | -0.24% |
| Sep 30, 2019 | -0.24% |
| Sep 30, 2019 | -0.24% |
| Mar 31, 2019 | -0.11% |
| Mar 31, 2019 | -0.11% |
| Mar 31, 2019 | -0.11% |
| Dec 31, 2018 | 1.10% |
| Dec 31, 2018 | 1.10% |
| Dec 31, 2018 | 1.10% |
| Sep 30, 2018 | -0.68% |
| Sep 30, 2018 | -0.68% |
| Sep 30, 2018 | -0.68% |
| Jun 30, 2018 | -28.44% |
| Jun 30, 2018 | -28.44% |
| Jun 30, 2018 | -28.44% |
| Mar 31, 2018 | -1.52% |
| Mar 31, 2018 | -1.52% |