Dicks Effective Tax Rate from 2010 to 2024

DKS Stock  USD 201.63  7.45  3.84%   
Dicks Sporting Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, Dicks Sporting Effective Tax Rate quarterly data regression had r-value of (0.64) and coefficient of variation of  25.29. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.20607047
Current Value
0.38095444
Quarterly Volatility
0.07373021
 
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Yuan Drop
 
Covid
Check Dicks Sporting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dicks Sporting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 413.6 M, Interest Expense of 60.9 M or Total Revenue of 13.6 B, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0099 or PTB Ratio of 3.36. Dicks financial statements analysis is a perfect complement when working with Dicks Sporting Valuation or Volatility modules.
  
Check out the analysis of Dicks Sporting Correlation against competitors.

Latest Dicks Sporting's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Dicks Sporting Goods over the last few years. Effective Tax Rate is the average rate at which Dicks Sporting Goods pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Dicks Sporting total tax expenses by Dicks Sporting earnings before taxes. It is Dicks Sporting's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dicks Sporting'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  

Dicks Effective Tax Rate Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.28
Coefficient Of Variation25.29
Mean Deviation0.06
Median0.27
Standard Deviation0.07
Sample Variance0.01
Range0.1939
R-Value(0.64)
Mean Square Error0
R-Squared0.41
Significance0.01
Slope(0.01)
Total Sum of Squares0.08

Dicks Effective Tax Rate History

2020 0.21
2014 0.27
2011 0.38
2010 0.4

About Dicks Sporting Financial Statements

Dicks Sporting shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Dicks Sporting investors may analyze each financial statement separately, they are all interrelated. The changes in Dicks Sporting's assets and liabilities, for example, are also reflected in the revenues and expenses on on Dicks Sporting's 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
Effective Tax Rate 0.21  0.38 

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Additional Tools for Dicks Stock Analysis

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