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

Spruce Power Holding (SPRU) posted quarterly Tax Rate of 1.3% for Q3 2020, down 1968.0% year-on-year from 0.07% in Q4 2019, and down 93.79% on a QoQ basis from 21.0% in Q2 2020.

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

Spruce Power Holding (SPRU) has reported Tax Rate for 2 consecutive years, with 1.3% the latest figure, recorded in Q3 2020.

  • Quarterly Tax Rate fell 1968.0% year-over-year to 1.3% in Q3 2020, while the trailing twelve-month figure through Sep 2020 was 208.87% (changed N/A YoY) and the FY2019 annual result came in at 21.0%, changed N/A from the prior year.
  • Tax Rate declined to 1.3% in Q3 2020 per SPRU's latest filing, from 21.0% in the prior quarter.
  • Over the last five years, Tax Rate for SPRU reached as high as 21.0% in Q2 2020 and fell as low as 1.3% in Q3 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 2.18%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 5.66%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 46.76%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -31.47%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -2.29%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn -2.43%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 23.06%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -3.52%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 51.59%
10 Spruce Power Holding 38.83 Mn -54.32 Mn 16.96 Mn -

Historic Data

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