Duckhorn Effective Tax Rate from 2010 to 2024

NAPA Stock  USD 10.99  0.06  0.54%   
Duckhorn Portfolio's Effective Tax Rate is decreasing over the years with stable fluctuation. Effective Tax Rate is expected to dwindle to 0.21. From 2010 to 2024 Duckhorn Portfolio Effective Tax Rate quarterly data regression line had arithmetic mean of  0.26 and r-squared of  0.07. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.27078777
Current Value
0.21
Quarterly Volatility
0.01528417
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Duckhorn Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Duckhorn Portfolio's main balance sheet or income statement drivers, such as Tax Provision of 19.8 M, Depreciation And Amortization of 24 M or Interest Expense of 11.9 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.0317 or PTB Ratio of 0.67. Duckhorn financial statements analysis is a perfect complement when working with Duckhorn Portfolio Valuation or Volatility modules.
  
Check out the analysis of Duckhorn Portfolio Correlation against competitors.
For information on how to trade Duckhorn Stock refer to our How to Trade Duckhorn Stock guide.

Latest Duckhorn Portfolio's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Duckhorn Portfolio over the last few years. Effective Tax Rate is the average rate at which Duckhorn Portfolio pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Duckhorn Portfolio total tax expenses by Duckhorn Portfolio earnings before taxes. It is Duckhorn Portfolio's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Duckhorn Portfolio's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

Duckhorn Effective Tax Rate Regression Statistics

Arithmetic Mean0.26
Geometric Mean0.26
Coefficient Of Variation5.89
Mean Deviation0.01
Median0.26
Standard Deviation0.02
Sample Variance0.0002
Range0.0629
R-Value(0.26)
Mean Square Error0.0002
R-Squared0.07
Significance0.35
Slope(0.0009)
Total Sum of Squares0

Duckhorn Effective Tax Rate History

2024 0.21
2020 0.27
2019 0.24

About Duckhorn Portfolio Financial Statements

Duckhorn Portfolio stakeholders use historical fundamental indicators, such as Duckhorn Portfolio's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Duckhorn Portfolio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Duckhorn Portfolio's assets and liabilities are reflected in the revenues and expenses on Duckhorn Portfolio'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 Duckhorn Portfolio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.27  0.21 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Duckhorn Portfolio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Duckhorn Portfolio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Duckhorn Portfolio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Duckhorn Portfolio Stock:
Check out the analysis of Duckhorn Portfolio Correlation against competitors.
For information on how to trade Duckhorn Stock refer to our How to Trade Duckhorn Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Distillers & Vintners 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 Duckhorn Portfolio. If investors know Duckhorn 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 Duckhorn Portfolio 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
(0.52)
Earnings Share
0.45
Revenue Per Share
3.285
Quarterly Revenue Growth
0.073
Return On Assets
0.0396
The market value of Duckhorn Portfolio is measured differently than its book value, which is the value of Duckhorn that is recorded on the company's balance sheet. Investors also form their own opinion of Duckhorn Portfolio's value that differs from its market value or its book value, called intrinsic value, which is Duckhorn Portfolio'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 Duckhorn Portfolio's market value can be influenced by many factors that don't directly affect Duckhorn Portfolio'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 Duckhorn Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duckhorn Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duckhorn Portfolio'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.