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ANSYS, Inc. (ANSS) Tax Rate: 19.82%

Is ANSYS, Inc.’s tax rate high or low?

ANSYS, Inc.'s tax rate of 19.82% is 45% above its 5-year average of 13.64%, near the high end of its 5-year range (8.97%–19.82%).

The tax rate for ANSYS, Inc. (ANSS) is 19.82%. It is above its 12-month average by 12.26% (17.66%).

ANSS Tax Rate Chart

ANSS Tax Rate
19.82%+27.95% 1Y
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ANSS Average Tax Rate Chart

ANSS Current vs Average Tax Rate Chart

ANSS Tax Rate Metrics

TAX RATE

19.82%

TAX RATE AVG TTM

17.66%

TAX RATE AVG 3Y

14.02%

TAX RATE AVG 5Y

13.64%

TAX RATE AVG 10Y

19.68%

TAX RATE AVG 15Y

22.81%

TAX RATE AVG 20Y

26.06%

CURRENT VS TTM AVG

+12.26%

CURRENT VS 3Y AVG

+41.42%

CURRENT VS 5Y AVG

+45.27%

CURRENT VS 10Y AVG

+0.73%

CURRENT VS 15Y AVG

-13.12%

CURRENT VS 20Y AVG

-23.93%

ANSYS, Inc. Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

ANSYS, Inc. Tax Rate FAQ

What is the tax rate for ANSYS, Inc. (ANSS)?
The tax rate for ANSS stock is 19.82%.
Is ANSYS, Inc.'s tax rate high or low?
ANSYS, Inc.'s tax rate of 19.82% is 45% above its 5-year average of 13.64%, near the high end of its 5-year range (8.97%–19.82%).
What is the TTM average tax rate for ANSYS, Inc. (ANSS)?
The TTM average tax rate for ANSS stock is 17.66%.
What is the 3Y average tax rate for ANSYS, Inc. (ANSS)?
The 3Y average tax rate for ANSS stock is 14.02%.
What is the 5Y average tax rate for ANSYS, Inc. (ANSS)?
The 5Y average tax rate for ANSS stock is 13.64%.
What is the 10Y average tax rate for ANSYS, Inc. (ANSS)?
The 10Y average tax rate for ANSS stock is 19.68%.
What is the 15Y average tax rate for ANSYS, Inc. (ANSS)?
The 15Y average tax rate for ANSS stock is 22.81%.
What is the 20Y average tax rate for ANSYS, Inc. (ANSS)?
The 20Y average tax rate for ANSS stock is 26.06%.

ANSYS, Inc. Tax Rate History

DATETAX RATE
2024-12-3119.82%
2023-12-3115.49%
2022-12-318.97%
2021-12-3111.78%
2020-12-3112.16%
2019-12-3113.64%
2018-12-3113.90%
2017-12-3134.48%
2016-12-3130.15%
2015-12-3129.22%
2014-12-3126.84%
2013-12-3123.93%
2012-12-3130.68%
2011-12-3131.78%
2010-12-3129.23%
2009-12-3132.93%
2008-12-3133.01%
2007-12-3133.70%
2006-12-3157.18%
2005-12-3130.44%
2004-12-3127.84%
2003-12-3130.52%
2002-12-3130.77%
2001-12-3131.48%
2000-12-3129.57%
1999-12-3125.76%
1998-12-3133.92%
1997-12-3136.21%
1996-12-3138.46%

About ANSYS, Inc.

ANSYS, Inc. provides advanced engineering simulation software and related services to a global market. Central to its offerings is ANSYS Workbench, a foundational platform that integrates various multiphysics simulation capabilities. This environment empowers engineers to accurately model intricate interactions among structural components, thermal effects, fluid dynamics, electronic systems, and optical elements. Beyond this core, the company delivers specialized tools such as high-performance computing suites, software for comprehensive power analysis and optimization in electronic designs (addressing budgets, delivery integrity, and noise generation), and robust structural analysis programs for product development and refinement. Other key solutions include electronics field simulation for designing electromechanical devices, the SCADE suite for embedded software simulation, code generation, and automated certification, and fluid dynamics programs for modeling fluid flow and associated physical phenomena. Furthermore, ANSYS offers Granta products for material intelligence, specialized tools for photonic design and simulation, and capabilities for optical sensor, closed-loop, and real-time simulations, alongside safety-certified embedded software. To facilitate early-stage design exploration, the Discovery product family is available, complemented by an academic suite designed for research and educational environments, enabling students to gain proficiency with their simulation technologies. ANSYS caters to a diverse global clientele including engineers, designers, researchers, and students. Their solutions are vital across numerous sectors such as aerospace and defense, automotive, construction, consumer goods, energy, healthcare, high-tech manufacturing, industrial equipment, materials and chemical processing, and sports. Founded in 1970, the company's corporate headquarters are located in Canonsburg, Pennsylvania.

Canonsburg, PA
6,600 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Ajei S. Gopal