Presidio Property Trust (SQFTW) Tax Rate (2015 - 2019)
Presidio Property Trust (SQFTW) reported Tax Rate of 7.02% for Q2 2019, up 326.0% on a YoY basis from 1.65% in Q2 2018, and up 117.31% quarter-over-quarter from 3.23% in Q1 2019.
Presidio Property Trust (SQFTW) Tax Rate (2015 - 2019) Analysis & Trends
Presidio Property Trust has reported Tax Rate for 5 years, with the latest figure at 7.02% in Q2 2019.
- For the quarter ending Q2 2019, Tax Rate rose 326.0% year-over-year to 7.02%; the trailing twelve-month figure through Jun 2019 stood at 6.21% (up 430.0% YoY), and the FY2025 full-year result was 23.09%, down 2271.0% from the prior year.
- Tax Rate for Q2 2019 stood at 7.02%, up from 3.23% in the prior quarter.
- The five-year high for Tax Rate was 10.84% in Q4 2018, with the low at 0.48% in Q4 2016.
- Historically, Tax Rate has averaged 3.17% across 5 years, with a median of 2.48% in 2017.
- Annual changes were most pronounced in 2016 — Tax Rate slumped 434 bps — and 2018, when it jumped 893 bps.
- Presidio Property Trust's Tax Rate stood at 0.1% in 2015, then sank by 558 bps to 0.48% in 2016, then jumped by 501 bps to 1.91% in 2017, then soared by 468 bps to 10.84% in 2018, then slumped by 35 bps to 7.02% in 2019.
- The last three Tax Rate figures came in at 7.02% (Q2 2019), 3.23% (Q1 2019), and 10.84% (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 0.45% |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | - |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | - |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | 2.32% |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | -54.94% |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | -0.03% |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 0.96% |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | - |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | - |
| 10 | Presidio Property Trust | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 7.02% |
| Jun 30, 2019 | 7.02% |
| Mar 31, 2019 | 3.23% |
| Mar 31, 2019 | 3.23% |
| Dec 31, 2018 | 10.84% |
| Dec 31, 2018 | 10.84% |
| Sep 30, 2018 | 3.05% |
| Sep 30, 2018 | 3.05% |
| Jun 30, 2018 | 3.77% |
| Jun 30, 2018 | 3.77% |
| Mar 31, 2018 | 0.90% |
| Mar 31, 2018 | 0.90% |
| Dec 31, 2017 | 1.91% |
| Dec 31, 2017 | 1.91% |
| Sep 30, 2017 | 1.68% |
| Sep 30, 2017 | 1.68% |
| Jun 30, 2017 | 0.53% |
| Jun 30, 2017 | 0.53% |
| Mar 31, 2017 | 1.20% |
| Mar 31, 2017 | 1.20% |