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
DateValue
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%