Growth Metrics

Strattec Security (STRT) Tax Provisions (2016 - 2025)

Strattec Security (STRT) has disclosed Tax Provisions for 15 consecutive years, with $1.5 million as the latest value for Q3 2024.

  • On a quarterly basis, Tax Provisions rose 8.0% to $1.5 million in Q3 2024 year-over-year; TTM through Sep 2024 was $8.6 million, a 12.51% increase, with the full-year FY2024 number at $8.5 million, up 36.47% from a year prior.
  • Tax Provisions was $1.5 million for Q3 2024 at Strattec Security, down from $6.3 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $8.3 million in Q2 2020 to a low of -$1.7 million in Q1 2023.
  • A 5-year average of $1.8 million and a median of $1.2 million in 2021 define the central range for Tax Provisions.
  • Biggest YoY gain for Tax Provisions was 3952.78% in 2023; the steepest drop was 785.77% in 2023.
  • Strattec Security's Tax Provisions stood at $2.0 million in 2020, then tumbled by 87.29% to $253000.0 in 2021, then plummeted by 114.23% to -$36000.0 in 2022, then skyrocketed by 833.33% to $264000.0 in 2023, then surged by 467.42% to $1.5 million in 2024.
  • Per Business Quant, the three most recent readings for STRT's Tax Provisions are $1.5 million (Q3 2024), $6.3 million (Q2 2024), and $546000.0 (Q1 2024).