Crossamerica Effective Tax Rate from 2010 to 2024

CAPL Stock  USD 21.60  0.02  0.09%   
Crossamerica Partners Effective Tax Rate yearly trend continues to be quite stable with very little volatility. The value of Effective Tax Rate is projected to decrease to 0.05. From the period between 2010 and 2024, Crossamerica Partners, Effective Tax Rate regression line of its data series had sample variance of  14.00 and sample variance of  14.00. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.0559656
Current Value
0.0532
Quarterly Volatility
3.74164933
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crossamerica Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crossamerica Partners' main balance sheet or income statement drivers, such as Depreciation And Amortization of 52 M, Interest Expense of 22.2 M or Selling General Administrative of 21.6 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.08 or PTB Ratio of 302. Crossamerica financial statements analysis is a perfect complement when working with Crossamerica Partners Valuation or Volatility modules.
  
Check out the analysis of Crossamerica Partners Correlation against competitors.

Latest Crossamerica Partners' Effective Tax Rate Growth Pattern

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

Crossamerica Effective Tax Rate Regression Statistics

Arithmetic Mean0.56
Coefficient Of Variation673.44
Mean Deviation1.74
Median(0.07)
Standard Deviation3.74
Sample Variance14.00
Range17.3075
R-Value(0.41)
Mean Square Error12.50
R-Squared0.17
Significance0.13
Slope(0.35)
Total Sum of Squares196.00

Crossamerica Effective Tax Rate History

2024 0.0532
2023 0.056
2022 0.0111
2021 -0.17
2020 -0.0799
2019 -0.073
2018 -1.09

About Crossamerica Partners Financial Statements

Crossamerica Partners investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Crossamerica Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate 0.06  0.05 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Crossamerica Partners is a strong investment it is important to analyze Crossamerica Partners' 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 Crossamerica Partners' future performance. For an informed investment choice regarding Crossamerica Stock, refer to the following important reports:
Check out the analysis of Crossamerica Partners Correlation against competitors.
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 Oil & Gas Storage & Transportation 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 Crossamerica Partners. If investors know Crossamerica 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 Crossamerica Partners 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
(0.13)
Dividend Share
2.1
Earnings Share
0.52
Revenue Per Share
101.473
Quarterly Revenue Growth
(0.12)
The market value of Crossamerica Partners is measured differently than its book value, which is the value of Crossamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Crossamerica Partners' value that differs from its market value or its book value, called intrinsic value, which is Crossamerica Partners' 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 Crossamerica Partners' market value can be influenced by many factors that don't directly affect Crossamerica Partners' 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 Crossamerica Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crossamerica Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crossamerica Partners' 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.