Merrill Effective Tax Rate from 2010 to 2024

IPB Stock  USD 26.30  0.15  0.57%   
Merrill Lynch's Effective Tax Rate is increasing over the years with stable fluctuation. Effective Tax Rate is expected to dwindle to 0.70. From 2010 to 2024 Merrill Lynch Effective Tax Rate quarterly data regression line had arithmetic mean of  1.03 and r-squared of  0.05. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
1.02
Current Value
0.7
Quarterly Volatility
0.19624281
 
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Check Merrill Lynch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merrill Lynch's main balance sheet or income statement drivers, such as Depreciation And Amortization of 195.4 K, Interest Expense of 6.4 B or Selling General Administrative of 12.2 B, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 3.9 K. Merrill financial statements analysis is a perfect complement when working with Merrill Lynch Valuation or Volatility modules.
  
Check out the analysis of Merrill Lynch Correlation against competitors.

Latest Merrill Lynch's Effective Tax Rate Growth Pattern

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

Merrill Effective Tax Rate Regression Statistics

Arithmetic Mean1.03
Geometric Mean1.00
Coefficient Of Variation19.13
Mean Deviation0.15
Median1.13
Standard Deviation0.20
Sample Variance0.04
Range0.5008
R-Value0.23
Mean Square Error0.04
R-Squared0.05
Significance0.40
Slope0.01
Total Sum of Squares0.54

Merrill Effective Tax Rate History

2024 0.7
2023 1.02
2012 1.13

About Merrill Lynch Financial Statements

Merrill Lynch stakeholders use historical fundamental indicators, such as Merrill Lynch's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Merrill Lynch investors may analyze each financial statement separately, they are all interrelated. For example, changes in Merrill Lynch's assets and liabilities are reflected in the revenues and expenses on Merrill Lynch's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Merrill Lynch Depositor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 1.02  0.70 

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When determining whether Merrill Lynch Depositor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merrill Lynch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Merrill Lynch Depositor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merrill Lynch Depositor Stock:
Check out the analysis of Merrill Lynch Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merrill Lynch. If investors know Merrill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merrill Lynch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Merrill Lynch Depositor is measured differently than its book value, which is the value of Merrill that is recorded on the company's balance sheet. Investors also form their own opinion of Merrill Lynch's value that differs from its market value or its book value, called intrinsic value, which is Merrill Lynch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merrill Lynch's market value can be influenced by many factors that don't directly affect Merrill Lynch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merrill Lynch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merrill Lynch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merrill Lynch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.