Tax Rate: 23.45%
Is the tax rate high or low?
The tax rate of 23.45% is 34% below its 4-year average of 35.78%, near the low end of its 4-year range (11.25%–117.13%).
SATS Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
SATS Average Tax Rate Chart
SATS Current vs Average Tax Rate Chart
SATS Tax Rate Metrics
TAX RATE
23.45%
TAX RATE AVG TTM
N/A
TAX RATE AVG 3Y
28.81%
TAX RATE AVG 5Y
28.39%
TAX RATE AVG 10Y
28.71%
TAX RATE AVG 15Y
25.25%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-18.58%
CURRENT VS 5Y AVG
-17.39%
CURRENT VS 10Y AVG
-18.31%
CURRENT VS 15Y AVG
-7.11%
CURRENT VS 20Y AVG
N/A
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
Tax Rate FAQ
- What is the tax rate for EchoStar Corporation (SATS)?
- The tax rate for SATS stock is 23.45%.
- Is EchoStar Corporation's tax rate high or low?
- The tax rate of 23.45% is 34% below its 4-year average of 35.78%, near the low end of its 4-year range (11.25%–117.13%).
- What is the 3Y average tax rate for EchoStar Corporation (SATS)?
- The 3Y average tax rate for SATS stock is 28.81%.
- What is the 5Y average tax rate for EchoStar Corporation (SATS)?
- The 5Y average tax rate for SATS stock is 28.39%.
- What is the 10Y average tax rate for EchoStar Corporation (SATS)?
- The 10Y average tax rate for SATS stock is 28.71%.
- What is the 15Y average tax rate for EchoStar Corporation (SATS)?
- The 15Y average tax rate for SATS stock is 25.25%.
SATS Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2024-12-31 | 23.45% |
| 2023-06-30 | 27.05% |
| 2023-03-31 | 25.60% |
| 2022-12-31 | 24.34% |
| 2022-09-30 | 40.30% |
| 2022-06-30 | 33.98% |
| 2022-03-31 | 26.93% |
| 2021-09-30 | 39.52% |
| 2021-06-30 | 37.66% |
| 2021-03-31 | 22.21% |
| 2020-12-31 | 117.13% |
| 2020-09-30 | 11.25% |
| 2019-03-31 | 35.28% |
| 2018-09-30 | 43.75% |
| 2018-06-30 | 18.64% |
| 2017-09-30 | 14.50% |
| 2017-06-30 | 31.30% |
| 2017-03-31 | -0.04% |
| 2016-12-31 | 44.40% |
| 2016-09-30 | 34.28% |
| 2016-06-30 | 33.28% |
| 2016-03-31 | 36.35% |
| 2015-12-31 | 9.25% |
| 2015-09-30 | 50.19% |
| 2015-06-30 | 37.82% |
| 2015-03-31 | 40.00% |
| 2014-12-31 | 5.21% |
| 2014-09-30 | 9.46% |
| 2014-06-30 | 38.97% |
| 2014-03-31 | 20.79% |
| 2012-12-31 | -139.91% |
| 2012-09-30 | -1.87% |
| 2012-06-30 | 0.03% |
| 2012-03-31 | -0.24% |
| 2011-03-31 | 36.81% |
| 2010-12-31 | 9.06% |
| 2010-09-30 | 84.61% |
| 2010-03-31 | 24.19% |
| 2009-09-30 | 11.55% |
| 2009-06-30 | -2.57% |
| 2009-03-31 | 112.22% |
| 2008-06-30 | 10.81% |
| 2008-03-31 | 46.53% |
Related Metrics
About EchoStar Corporation
EchoStar Corporation, identified by the symbol SATS, operates globally by delivering a wide array of networking technologies and related services through its various subsidiaries. The company structures its operations into two primary divisions: Hughes and EchoStar Satellite Services (ESS). The Hughes division is dedicated to furnishing comprehensive broadband network solutions, managed services, specialized equipment, hardware, satellite communication functionalities, and complete communications systems for both government agencies and business enterprises. Furthermore, Hughes is involved in the engineering, development, construction, and provision of sophisticated telecommunication networks, which include satellite ground segment systems, gateways, and terminals. These are supplied not only for its own operations but also for integration with other satellite systems, serving mobile network operators and a range of corporate customers. In contrast, the EchoStar Satellite Services (ESS) segment leverages its portfolio of proprietary and leased in-orbit satellites, along with associated licenses, to provide essential satellite services. These capabilities are offered on both a full-time and an ad-hoc basis to a diverse clientele, including U.S. government service contractors, internet service providers, broadcast media organizations, content creators, and private sector businesses. EchoStar's extensive reach spans continents, serving customers across North, South, and Central America, as well as in Asia, Africa, Australia, Europe, India, and the Middle East. The corporation was founded in 2007 and its main corporate offices are situated in Englewood, Colorado.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- Hamid Akhavan-Malayeri