Eaton Effective Tax Rate from 2010 to 2024

ETX Stock  USD 17.64  0.29  1.62%   
Eaton Vance Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.03 in 2024. During the period from 2010 to 2024, Eaton Vance Effective Tax Rate regression line of annual values had r-squared of  0.75 and arithmetic mean of  7.14. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.0313
Current Value
0.0298
Quarterly Volatility
7.85625455
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eaton Vance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton Vance's main balance sheet or income statement drivers, such as Interest Income of 8.9 M, Depreciation And Amortization of 176.3 K or Interest Expense of 2.5 M, as well as many indicators such as Price To Sales Ratio of 37.8, Dividend Yield of 0.0457 or PTB Ratio of 0.78. Eaton financial statements analysis is a perfect complement when working with Eaton Vance Valuation or Volatility modules.
  
Check out the analysis of Eaton Vance Correlation against competitors.

Latest Eaton Vance's Effective Tax Rate Growth Pattern

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

Eaton Effective Tax Rate Regression Statistics

Arithmetic Mean7.14
Geometric Mean0.56
Coefficient Of Variation110.08
Mean Deviation7.57
Median0.14
Standard Deviation7.86
Sample Variance61.72
Range15.268
R-Value(0.87)
Mean Square Error16.56
R-Squared0.75
Significance0.000029
Slope(1.52)
Total Sum of Squares864.09

Eaton Effective Tax Rate History

2024 0.0298
2023 0.0313
2022 0.0272
2021 0.0282
2020 0.0642
2019 -0.006919
2018 -0.0176

About Eaton Vance Financial Statements

Eaton Vance investors use historical fundamental indicators, such as Eaton Vance's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Eaton Vance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.03  0.03 

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Additional Tools for Eaton Stock Analysis

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