First Effective Tax Rate from 2010 to 2024

FCRX Stock  USD 24.59  0.24  0.99%   
First Eagle Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.01 in 2024. During the period from 2010 to 2024, First Eagle Effective Tax Rate regression line of annual values had r-squared of  0.11 and arithmetic mean of  0.04. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.01535047
Current Value
0.0146
Quarterly Volatility
0.11188125
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Eagle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Eagle's main balance sheet or income statement drivers, such as Selling General Administrative of 39.5 M, Total Revenue of 174.9 M or Gross Profit of 140.2 M, as well as many indicators such as Price To Sales Ratio of 4.34, Dividend Yield of 0.0729 or PTB Ratio of 0.78. First financial statements analysis is a perfect complement when working with First Eagle Valuation or Volatility modules.
  
Check out the analysis of First Eagle Correlation against competitors.

Latest First Eagle's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of First Eagle Alternative over the last few years. Effective Tax Rate is the average rate at which First Eagle Alternative pre-tax profits are taxed by the government. The effective tax rate is computed by dividing First Eagle total tax expenses by First Eagle earnings before taxes. It is First Eagle's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Eagle's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

First Effective Tax Rate Regression Statistics

Arithmetic Mean0.04
Geometric Mean0
Coefficient Of Variation285.49
Mean Deviation0.06
Median0.01
Standard Deviation0.11
Sample Variance0.01
Range0.4405
R-Value0.33
Mean Square Error0.01
R-Squared0.11
Significance0.23
Slope0.01
Total Sum of Squares0.18

First Effective Tax Rate History

2024 0.0146
2023 0.0154
2022 0.0582
2021 0.44
2020 0.0132
2016 0.0122

About First Eagle Financial Statements

First Eagle investors use historical fundamental indicators, such as First Eagle's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in First Eagle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.02  0.01 

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Additional Tools for First Stock Analysis

When running First Eagle's price analysis, check to measure First Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.