KLX Income Tax Expense from 2010 to 2024

KLXE Stock  USD 6.49  0.17  2.69%   
KLX Energy's Income Tax Expense is increasing over the years with stable fluctuation. Overall, Income Tax Expense is expected to go to about 3.1 M this year. During the period from 2010 to 2024 KLX Energy Income Tax Expense annual values regression line had coefficient of variation of  10,999 and r-squared of  0.03. View All Fundamentals
 
Income Tax Expense  
First Reported
2017-06-30
Previous Quarter
200 K
Current Value
200 K
Quarterly Volatility
9.1 M
 
Covid
Check KLX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KLX Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 34.7 M or Total Revenue of 506.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0 or PTB Ratio of 4.75. KLX financial statements analysis is a perfect complement when working with KLX Energy Valuation or Volatility modules.
  
Check out the analysis of KLX Energy Correlation against competitors.

Latest KLX Energy's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of KLX Energy Services over the last few years. It is KLX Energy's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KLX Energy's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

KLX Income Tax Expense Regression Statistics

Arithmetic Mean23,333
Coefficient Of Variation10,999
Mean Deviation1,136,444
Median100,000
Standard Deviation2,566,464
Sample Variance6.6T
Range11.7M
R-Value0.16
Mean Square Error6.9T
R-Squared0.03
Significance0.56
Slope93,750
Total Sum of Squares92.2T

KLX Income Tax Expense History

20243.1 M
2023M
2021300 K
2020400 K
2019-8.5 M
2018600 K

About KLX Energy Financial Statements

KLX Energy stakeholders use historical fundamental indicators, such as KLX Energy's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although KLX Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in KLX Energy's assets and liabilities are reflected in the revenues and expenses on KLX Energy'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 KLX Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax ExpenseM3.1 M

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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out the analysis of KLX Energy Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Equipment & Services 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 KLX Energy. If investors know KLX 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 KLX Energy 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
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy'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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy'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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy'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.