Symbotic (SYM) Current Taxes (2021 - 2024)
Symbotic (SYM) posted Current Taxes of $8.2 million for Q1 2024, down 78.13% sequentially from $37.6 million in Q4 2023, and down 68.06% YoY from $25.7 million in Q1 2023.
Symbotic (SYM) Current Taxes (2021 - 2024) Analysis & Trends
Symbotic has reported Current Taxes for 4 years, with the latest figure at $8.2 million in Q1 2024.
- Quarterly Current Taxes fell 68.06% year-over-year to $8.2 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $8.2 million (down 68.06% YoY) and the FY2023 annual result came in at $28.3 million, up 118.65% from the prior year.
- Current Taxes fell to $8.2 million in Q1 2024 per SYM's latest filing, from $37.6 million in the prior quarter.
- Over five years, Current Taxes peaked at $37.6 million in Q4 2023 and troughed at $6.6 million in Q2 2022.
- A 4-year average of $20.0 million and a median of $20.7 million in 2023 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2023 and 2024: Current Taxes jumped 212.23% in 2023, then slumped 68.06% in 2024.
- Over 4 years, Current Taxes stood at $18.4 million in 2021, then grew by 16.08% to $21.4 million in 2022, then soared by 75.85% to $37.6 million in 2023, then tumbled by 78.13% to $8.2 million in 2024.
- According to Business Quant data, Current Taxes over the past three periods registered $8.2 million, $37.6 million, and $28.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | - |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 233.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | - |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 123.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 73.60 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | - |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | - |
| 10 | Symbotic | 5.38 Bn | 3.63 Bn | 160.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 30, 2024 | 8.22 Mn |
| Dec 30, 2023 | 37.57 Mn |
| Sep 30, 2023 | 28.32 Mn |
| Jun 24, 2023 | 20.69 Mn |
| Mar 25, 2023 | 25.72 Mn |
| Dec 24, 2022 | 21.37 Mn |
| Sep 24, 2022 | 12.95 Mn |
| Jun 25, 2022 | 6.63 Mn |
| Sep 25, 2021 | 18.41 Mn |