Everest Tax Provision from 2010 to 2024

EG Stock   389.00  3.85  1.00%   
Everest's Tax Provision is increasing over the last several years with very volatile swings. Tax Provision is estimated to finish at about 253.1 M this year. Tax Provision is the amount set aside by Everest Group to cover any estimated taxes for the current period. It reflects Everest's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
99 M
Current Value
108 M
Quarterly Volatility
130.6 M
 
Covid
Check Everest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Everest's main balance sheet or income statement drivers, such as Interest Expense of 140.7 M, Total Revenue of 15.3 B or Gross Profit of 15.3 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.012 or PTB Ratio of 1.31. Everest financial statements analysis is a perfect complement when working with Everest Valuation or Volatility modules.
  
Check out the analysis of Everest Correlation against competitors.

Latest Everest's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Everest Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Everest's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Everest's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Everest Tax Provision Regression Statistics

Arithmetic Mean88,408,733
Coefficient Of Variation159.17
Mean Deviation91,365,858
Median134,021,000
Standard Deviation140,722,449
Sample Variance19802.8T
Range583.1M
R-Value0.02
Mean Square Error21317.3T
R-Squared0.0004
Significance0.94
Slope639,493
Total Sum of Squares277239.3T

Everest Tax Provision History

2024253.1 M
2023241 M
2022-9 M
2021166.5 M
202071.2 M
201989.5 M
2018-330 M

About Everest Financial Statements

Everest stakeholders use historical fundamental indicators, such as Everest's Tax Provision, to determine how well the company is positioned to perform in the future. Although Everest investors may analyze each financial statement separately, they are all interrelated. For example, changes in Everest's assets and liabilities are reflected in the revenues and expenses on Everest'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 Everest Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision241 M253.1 M

Currently Active Assets on Macroaxis

Check out the analysis of Everest Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Reinsurance 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 Everest. If investors know Everest 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 Everest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
7.5
Earnings Share
64.11
Revenue Per Share
384.03
Quarterly Revenue Growth
0.128
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.