Hackett Effective Tax Rate from 2010 to 2024

HCKT Stock  USD 31.46  0.05  0.16%   
Hackett Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate will likely drop to 0.08 in 2024. From the period from 2010 to 2024, Hackett Effective Tax Rate quarterly data regression had mean square error of  0.02 and mean deviation of  0.11. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.10411591
Current Value
0.0796
Quarterly Volatility
0.12857349
 
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Yuan Drop
 
Covid
Check Hackett financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hackett's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Interest Expense of 3.4 M or Selling General Administrative of 50.8 M, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0153 or PTB Ratio of 2.76. Hackett financial statements analysis is a perfect complement when working with Hackett Valuation or Volatility modules.
  
Check out the analysis of Hackett Correlation against competitors.

Latest Hackett's Effective Tax Rate Growth Pattern

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

Hackett Effective Tax Rate Regression Statistics

Arithmetic Mean0.27
Coefficient Of Variation48.07
Mean Deviation0.11
Median0.34
Standard Deviation0.13
Sample Variance0.02
Range0.3687
R-Value(0.31)
Mean Square Error0.02
R-Squared0.1
Significance0.26
Slope(0.01)
Total Sum of Squares0.23

Hackett Effective Tax Rate History

2024 0.0796
2022 0.26
2021 0.1
2016 0.34
2011 0.36
2010 -0.0105

About Hackett Financial Statements

Hackett shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Hackett investors may analyze each financial statement separately, they are all interrelated. The changes in Hackett's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hackett'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 0.10  0.08 

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Additional Tools for Hackett Stock Analysis

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