Telesat (TSAT) Tax Rate (2020 - 2022)
Telesat (TSAT) reported Tax Rate of 25.3% for Q1 2022, up 1015.0% year-over-year from 2.27% in Q1 2021, and up 148.03% quarter-over-quarter from 52.67% in Q4 2021.
Telesat (TSAT) Tax Rate (2020 - 2022) Analysis & Trends
Telesat (TSAT) has 3 years of Tax Rate data on file, last reported at 25.3% in Q1 2022.
- Tax Rate for Q1 2022 came in at 25.3%, up 1015.0% year-over-year; the trailing twelve-month figure through Mar 2022 was 17.64% (changed N/A YoY), and the FY2025 annual result was 11.27%, up 714.0% from the prior year.
- Tax Rate improved to 25.3% in Q1 2022 per TSAT's latest filing, from 52.67% in the prior quarter.
- Over five years, Tax Rate peaked at 25.3% in Q1 2022 and troughed at 52.67% in Q4 2021.
- A 3-year average of 6.14% and a median of 1.41% in 2021 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2021 and 2022: Tax Rate tumbled 4034 bps in 2021, then jumped 1015 bps in 2022.
- A 3-year view of Tax Rate shows it stood at 12.33% in 2020, then sank by 327 bps to 52.67% in 2021, then soared by 148 bps to 25.3% in 2022.
- Business Quant data shows TSAT's Tax Rate at 25.3% in Q1 2022, 52.67% in Q4 2021, and 15.14% in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 16.49% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 17.02% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 16.55% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | -4.39% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 21.55% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 19.38% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -0.47% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -7.93% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 19.16% |
| 10 | Telesat | 474.30 Mn | 108.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 25.30% |
| Mar 31, 2022 | 25.30% |
| Dec 31, 2021 | -52.67% |
| Dec 31, 2021 | -52.67% |
| Mar 31, 2021 | 15.14% |
| Mar 31, 2021 | 15.14% |
| Dec 31, 2020 | -12.33% |
| Dec 31, 2020 | -12.33% |