Taoping (TAOP) Tax Rate (2011 - 2018)
Taoping (TAOP) reported Tax Rate of 32.5% for Q4 2018, up 4600.0% year-over-year from 0.69% in Q4 2017, and down 37.23% quarter-over-quarter from 51.77% in Q3 2018.
Taoping (TAOP) Tax Rate (2011 - 2018) Analysis & Trends
Taoping (TAOP) has 6 years of Tax Rate data on file, last reported at 32.5% in Q4 2018.
- Tax Rate for Q4 2018 came in at 32.5%, up 4600.0% year-over-year; the trailing twelve-month figure through Dec 2018 was 8.9% (up 80794.0% YoY), and the FY2024 annual result was 0.78%, up 278.0% from the prior year.
- Tax Rate eased to 32.5% in Q4 2018 per TAOP's latest filing, from 51.77% in the prior quarter.
- Over five years, Tax Rate peaked at 161.1% in Q2 2017 and troughed at 13.51% in Q4 2017.
- A 3-year average of 29.81% and a median of 4.12% in 2016 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2017 and 2018: Tax Rate slumped 2204 bps in 2017, then soared 5260 bps in 2018.
- A 3-year view of Tax Rate shows it stood at 8.53% in 2016, then slumped by 258 bps to 13.51% in 2017, then jumped by 341 bps to 32.5% in 2018.
- Business Quant data shows TAOP's Tax Rate at 32.5% in Q4 2018, 51.77% in Q3 2018, and 13.51% in Q4 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 18.58% |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | -7.01% |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 18.14% |
| 10 | Taoping | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 32.50% |
| Dec 31, 2018 | 32.50% |
| Sep 30, 2018 | 51.77% |
| Sep 30, 2018 | 51.77% |
| Dec 31, 2017 | -13.51% |
| Dec 31, 2017 | -13.51% |
| Sep 30, 2017 | -0.83% |
| Sep 30, 2017 | -0.83% |
| Jun 30, 2017 | 161.10% |
| Jun 30, 2017 | 161.10% |
| Mar 31, 2017 | -0.28% |
| Mar 31, 2017 | -0.28% |
| Dec 31, 2016 | 8.53% |
| Dec 31, 2016 | 8.53% |
| Sep 30, 2016 | -0.77% |
| Sep 30, 2016 | -0.77% |
| Dec 31, 2013 | 2.19% |
| Dec 31, 2013 | 2.19% |
| Dec 31, 2012 | 3.15% |
| Dec 31, 2012 | 3.15% |