Provident Effective Tax Rate from 2010 to 2024

PFS Stock  USD 21.33  0.04  0.19%   
Provident Financial 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, Provident Financial Effective Tax Rate quarterly data regression had r-value of (0.38) and coefficient of variation of  14.83. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.26954869
Current Value
0.29
Quarterly Volatility
0.04131164
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Provident Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Financial's main balance sheet or income statement drivers, such as Interest Expense of 227.2 M, Selling General Administrative of 104.4 M or Total Revenue of 296.6 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0564 or PTB Ratio of 1.32. Provident financial statements analysis is a perfect complement when working with Provident Financial Valuation or Volatility modules.
  
Check out the analysis of Provident Financial Correlation against competitors.

Latest Provident Financial's Effective Tax Rate Growth Pattern

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

Provident Effective Tax Rate Regression Statistics

Arithmetic Mean0.28
Geometric Mean0.28
Coefficient Of Variation14.83
Mean Deviation0.03
Median0.29
Standard Deviation0.04
Sample Variance0
Range0.1566
R-Value(0.38)
Mean Square Error0
R-Squared0.15
Significance0.16
Slope(0)
Total Sum of Squares0.02

Provident Effective Tax Rate History

2024 0.29
2022 0.27
2020 0.24
2019 0.23
2018 0.18
2013 0.33
2012 0.3

About Provident Financial Financial Statements

Provident Financial shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Provident Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Provident Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Provident Financial'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 0.27  0.29 

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Additional Tools for Provident Stock Analysis

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