Growth Metrics

Titan Environmental Solutions (TESI) Tax Rate (2019 - 2022)

Titan Environmental Solutions' Tax Rate history spans 4 years, with the latest figure at 0.64% for Q2 2022.

  • For Q2 2022, Tax Rate rose 253.0% year-over-year to 0.64%; the TTM value through Sep 2022 reached 0.35%, up 125.0%, while the annual FY2021 figure was 1.54%, 141.0% down from the prior year.
  • Tax Rate for Q2 2022 was 0.64% at Titan Environmental Solutions, up from 0.82% in the prior quarter.
  • Across five years, Tax Rate topped out at 4.48% in Q2 2019 and bottomed at 2.94% in Q1 2021.
  • The 4-year median for Tax Rate is 0.5% (2021), against an average of 0.22%.
  • The largest annual shift saw Tax Rate crashed -448bps in 2020 before it soared 253bps in 2022.
  • A 4-year view of Tax Rate shows it stood at 4.48% in 2019, then tumbled by -89bps to 0.47% in 2020, then tumbled by -213bps to 0.54% in 2021, then surged by 219bps to 0.64% in 2022.
  • Per Business Quant, the three most recent readings for TESI's Tax Rate are 0.64% (Q2 2022), 0.82% (Q1 2022), and 0.54% (Q4 2021).