Stoneridge (SRI) Tax Rate (2009 - 2023)
Stoneridge (SRI) reported Tax Rate of 6.55% for Q4 2023, down 60.65 percentage points from 67.20% a year earlier and down 44.56 percentage points from the prior quarter.
Analysis
Stoneridge (SRI) Tax Rate (2009 - 2023) Analysis & Trends
For FY2021, Stoneridge posted Tax Rate of 72.61%.
- Tax Rate has a four-year change of +58.29 percentage points (FY2017 to FY2021).
- By year, Tax Rate came in at 11.85% in FY2019 (-5.38 pp), 17.23% in FY2018 (+2.90 pp) and 14.33% in FY2017.
- The Q4 2023 figure ranks as the lowest quarterly Tax Rate since Q4 2018.
- The high point for year-over-year Tax Rate in five years was Q1 2021 (a gain of 50.53 percentage points); the low point was Q4 2023 (a drop of 60.65 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 23.15% |
| 10 | Stoneridge | 144.69 Mn | -113.87 Mn | 11.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6.55% |
| Sep 30, 2023 | 51.11% |
| Dec 31, 2022 | 67.20% |
| Sep 30, 2022 | 57.50% |
| Jun 30, 2021 | 22.64% |
| Mar 31, 2021 | 76.32% |
| Dec 31, 2020 | 20.44% |
| Sep 30, 2020 | 21.27% |
| Mar 31, 2020 | 25.79% |
| Sep 30, 2019 | 17.88% |
| Jun 30, 2019 | 18.57% |
| Mar 31, 2019 | 15.97% |
| Dec 31, 2018 | 5.41% |
| Sep 30, 2018 | 20.69% |
| Jun 30, 2018 | 20.17% |
| Mar 31, 2018 | 19.46% |
| Sep 30, 2017 | 32.12% |
| Jun 30, 2017 | 36.78% |
| Mar 31, 2017 | 33.26% |
| Sep 30, 2016 | 8.43% |
API Access
Stoneridge Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();