Presidio Property Trust (SQFT) Tax Rate (2015 - 2019)
Presidio Property Trust's (SQFT) quarterly Tax Rate came in at 9.12% in Q2 2019, up 536.0% YoY from 1.43% in Q2 2018, and up 109.5% on a QoQ basis from 4.35% in Q1 2019.
Presidio Property Trust (SQFT) Tax Rate (2015 - 2019) Analysis & Trends
Presidio Property Trust (SQFT) has 5 years of Tax Rate data on file, last reported at 9.12% in Q2 2019.
- Quarterly Tax Rate rose 536.0% year-over-year to 9.12% in Q2 2019, while the trailing twelve-month figure through Jun 2019 was 8.44% (up 689.0% YoY) and the FY2018 annual result came in at 6.16%, up 401.0% from the prior year.
- Tax Rate improved to 9.12% in Q2 2019, from 4.35% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 22.91% in Q4 2018 to a low of 0.74% in Q4 2016.
- A 5-year average of 4.07% and a median of 2.88% in 2017 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2017 — Tax Rate plunged 389 bps — and 2018, when it jumped 2222 bps.
- Tracing SQFT's Tax Rate over 5 years: stood at 0.25% in 2015, then sank by 202 bps to 0.74% in 2016, then surged by 192 bps to 0.69% in 2017, then surged by 3237 bps to 22.91% in 2018, then tumbled by 60 bps to 9.12% in 2019.
- The last three Tax Rate figures came in at 9.12% (Q2 2019), 4.35% (Q1 2019), and 22.91% (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.99 Bn | 28.55 Bn | 1.05 Bn | -0.09% |
| 2 | W. P. Carey | 16.11 Bn | 16.11 Bn | 441.59 Mn | 6.59% |
| 3 | Broadstone Net Lease | 4.02 Bn | 4.01 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 82.47% |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.09 Bn | -2.60 Bn | 113.88 Mn | 4.34% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -706.39% |
| 8 | Empire State Realty Trust | 826.97 Mn | 826.97 Mn | - | 1.90% |
| 9 | CTO Realty Growth | 763.10 Mn | 763.10 Mn | 32.71 Mn | 6.91% |
| 10 | Presidio Property Trust | 2.05 Mn | 2.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 9.12% |
| Jun 30, 2019 | 9.12% |
| Jun 30, 2019 | 9.12% |
| Mar 31, 2019 | 4.35% |
| Mar 31, 2019 | 4.35% |
| Mar 31, 2019 | 4.35% |
| Dec 31, 2018 | 22.91% |
| Dec 31, 2018 | 22.91% |
| Dec 31, 2018 | 22.91% |
| Sep 30, 2018 | 3.05% |
| Sep 30, 2018 | 3.05% |
| Sep 30, 2018 | 3.05% |
| Jun 30, 2018 | 3.77% |
| Jun 30, 2018 | 3.77% |
| Jun 30, 2018 | 3.77% |
| Mar 31, 2018 | 1.30% |
| Mar 31, 2018 | 1.30% |
| Mar 31, 2018 | 1.30% |
| Dec 31, 2017 | 0.69% |
| Dec 31, 2017 | 0.69% |