Take Two Interactive Software (TTWO) Tax Rate (2009 - 2022)
Take Two Interactive Software (TTWO) reported Tax Rate of 8.95% for fiscal Q4 2022 (quarter ended Mar 31, 2022), down 4.75 percentage points from 13.70% a year earlier but up 3.96 percentage points from the prior quarter.
Take Two Interactive Software (TTWO) Tax Rate (2009 - 2022) Analysis & Trends
For FY2022 (ended Mar 31, 2022), Take Two Interactive Software posted Tax Rate of 10.18%, down 2.93 percentage points from FY2021.
- Tax Rate has a five-year change of -2.37 percentage points (FY2017 to FY2022).
- By fiscal year, Tax Rate came in at 13.12% in FY2021 (+1.34 pp) and 11.77% in FY2020.
- Five-year quarterly Tax Rate spans a low of 0.46% in fiscal Q4 2018 and a high of 48.74% in fiscal Q2 2022.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +2.52 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2022 (a gain of 33.33 percentage points); the low point was fiscal Q1 2021 (a drop of 23.49 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2022 came in at 4.99% (Q3 2022), 48.74% (Q2 2022) and 11.20% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 18.20% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 24.16% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 15.13% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 7.41% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 28.54% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 17.49% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 26.52% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 20.63% |
| 10 | Take Two Interactive Software | 40.03 Bn | 31.74 Bn | 882.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 8.95% |
| Dec 31, 2021 | 4.99% |
| Sep 30, 2021 | 48.74% |
| Jun 30, 2021 | 11.20% |
| Mar 31, 2021 | 13.70% |
| Dec 31, 2020 | 15.80% |
| Sep 30, 2020 | 15.41% |
| Jun 30, 2020 | 2.05% |
| Mar 31, 2020 | 1.53% |
| Dec 31, 2019 | 13.31% |
| Sep 30, 2019 | 13.34% |
| Jun 30, 2019 | 25.54% |
| Mar 31, 2019 | 11.93% |
| Sep 30, 2018 | 18.07% |
| Jun 30, 2018 | 7.43% |
| Mar 31, 2018 | 0.46% |
| Mar 31, 2017 | 10.65% |
| Sep 30, 2016 | 9.18% |
| Sep 30, 2015 | 5.69% |
| Dec 31, 2014 | 26.64% |
Take Two Interactive Software Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TTWO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TTWO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();