UFP Tax Provision from 2010 to 2024

UFPT Stock  USD 269.04  26.56  8.99%   
UFP Technologies Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 5.9 M in 2024. Tax Provision is the amount set aside by UFP Technologies to cover any estimated taxes for the current period. It reflects UFP Technologies' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.8 M
Current Value
4.9 M
Quarterly Volatility
1.5 M
 
Covid
Check UFP Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among UFP Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12 M, Interest Expense of 3.5 M or Total Revenue of 420.1 M, as well as many indicators such as Price To Sales Ratio of 3.44, Dividend Yield of 0.0015 or PTB Ratio of 4.81. UFP financial statements analysis is a perfect complement when working with UFP Technologies Valuation or Volatility modules.
  
Check out the analysis of UFP Technologies Correlation against competitors.
For more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.

Latest UFP Technologies' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of UFP Technologies over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. UFP Technologies' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in UFP Technologies' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

UFP Tax Provision Regression Statistics

Arithmetic Mean4,995,998
Geometric Mean4,620,943
Coefficient Of Variation47.19
Mean Deviation1,622,663
Median4,148,000
Standard Deviation2,357,414
Sample Variance5.6T
Range8.3M
R-Value0.55
Mean Square Error4.2T
R-Squared0.31
Significance0.03
Slope291,224
Total Sum of Squares77.8T

UFP Tax Provision History

20245.9 M
202310 M
202210.9 M
20215.3 M
20202.9 M
20193.9 M
20184.1 M

About UFP Technologies Financial Statements

UFP Technologies shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although UFP Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in UFP Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on UFP Technologies' 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
Tax Provision10 M5.9 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for UFP Stock Analysis

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