Vestis Income Tax Expense from 2010 to 2024

VSTS Stock   16.39  0.80  5.13%   
Vestis Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 10.5 M in 2024. From the period from 2010 to 2024, Vestis Income Tax Expense quarterly data regression had r-value of (0.35) and coefficient of variation of  34.27. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
11.1 M
Current Value
10.5 M
Quarterly Volatility
12.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vestis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vestis' main balance sheet or income statement drivers, such as Tax Provision of 10.5 M, Depreciation And Amortization of 150.1 M or Interest Expense of 132.9 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0538 or PTB Ratio of 1.07. Vestis financial statements analysis is a perfect complement when working with Vestis Valuation or Volatility modules.
  
Check out the analysis of Vestis Correlation against competitors.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.

Latest Vestis' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Vestis over the last few years. It is Vestis' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vestis' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Vestis Income Tax Expense Regression Statistics

Arithmetic Mean35,211,867
Geometric Mean32,347,530
Coefficient Of Variation34.27
Mean Deviation8,130,613
Median37,867,000
Standard Deviation12,065,700
Sample Variance145.6T
Range46.1M
R-Value(0.35)
Mean Square Error138T
R-Squared0.12
Significance0.21
Slope(933,996)
Total Sum of Squares2038.1T

Vestis Income Tax Expense History

202410.5 M
202311.1 M
202256.6 M
202148.3 M
202023.1 M

About Vestis Financial Statements

Vestis shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Vestis investors may analyze each financial statement separately, they are all interrelated. The changes in Vestis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Vestis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense11.1 M10.5 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Vestis Stock Analysis

When running Vestis' price analysis, check to measure Vestis' 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 Vestis is operating at the current time. Most of Vestis' value examination focuses on studying past and present price action to predict the probability of Vestis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestis' price. Additionally, you may evaluate how the addition of Vestis to your portfolios can decrease your overall portfolio volatility.