Spruce Power Holding (SPRU) Tax Rate (2019 - 2020)

Spruce Power Holding's (SPRU) quarterly Tax Rate came in at 1.3% in Q3 2020, down 1968.0% year-on-year from 0.07% in Q4 2019, and down 93.79% quarter-over-quarter from 21.0% in Q2 2020.

Spruce Power Holding (SPRU) Tax Rate (2019 - 2020) Analysis & Trends

Spruce Power Holding has disclosed Tax Rate across 2 years of filings, most recently posting 1.3% for Q3 2020.

  • Tax Rate for Q3 2020 came in at 1.3%, down 1968.0% year-over-year; the trailing twelve-month figure through Sep 2020 was 208.87% (changed N/A YoY), and the FY2019 annual result was 21.0%, changed N/A from the prior year.
  • Tax Rate came in at 1.3% for Q3 2020 at Spruce Power Holding, down from 21.0% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 21.0% in Q2 2020 to a low of 1.3% in Q3 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 2.18%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 5.66%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 46.43%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -2.29%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -2.43%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 23.06%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 50.91%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -31.47%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 8.57%
10 Spruce Power Holding 52.76 Mn -37.96 Mn 16.96 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2020 1.30%
Sep 30, 2020 1.30%
Jun 30, 2020 21.00%
Jun 30, 2020 21.00%
Mar 31, 2020 21.00%
Mar 31, 2020 21.00%
Dec 31, 2019 21.00%
Dec 31, 2019 21.00%
Sep 30, 2019 20.98%
Sep 30, 2019 20.98%