Franchise Group (Franchise Group) Tax Rate % : 21.42% (As of Jun. 2023)

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What is Franchise Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Franchise Group's Tax Expense for the three months ended in Jun. 2023 was $-14 Mil. Franchise Group's Pre-Tax Income for the three months ended in Jun. 2023 was $-65 Mil. Therefore, Franchise Group's Tax Rate % for the quarter that ended in Jun. 2023 was 21.42%.

Franchise Group Tax Rate % Historical Data

The historical data trend for Franchise Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Franchise Group Tax Rate % Chart

Franchise Group Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Tax Rate %

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96.99

122.08

-21.17

11.42

Franchise Group Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Tax Rate %	Get a 7-Day Free Trial															24.88	-35.91	98.79	6.21	21.42

Franchise Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Franchise Group's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	-8.845	/	-77.418
	=	11.42 %

Franchise Group's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	-13.845	/	-64.641
	=	21.42 %

Franchise Group Tax Rate % Related Terms

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Franchise Group (Franchise Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Franchise Group Inc (NAS:FRG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 Innovation Court, Suite J, Delaware, OH, USA, 43015

Website

https://www.franchisegrp.com

Franchise Group Inc is a personal services company that provides retail federal and state income tax preparation services and related tax settlement products. The vast majority of these offices operate in the United States under the Liberty Tax Service and SiempreTax+ brand names. Liberty Tax also provides online do-it-yourself tax programs within the U.S. The sale of financial products and tax preparation service fees also contribute to sizable percentages of the company's total income. Liberty Tax also operates a smaller portfolio of wholly-owned company offices. The company's reportable segments are Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's and Sylvan.

Executives

Daniel Meitner Ondeck	10 percent owner	13301 BEALL CREEK CT., POTOMAC MD 20854
Richard W Riley	10 percent owner	B RILEY AND CO, 11100 SANTA MONICA BLVD STE 800, LOS ANGELES CA 90025
Bryant R Riley	director, 10 percent owner	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Kelleher Thomas J /adv	10 percent owner	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Randall E Paulson	10 percent owner
Nanhi Singh	director	109 INNOVATION COURT, SUITE J, DELAWARE OH 43015
Gary S Rich	director	C/O THE READER'S DIGEST ASSOCIATION, READER'S DIGEST ROAD, PLEASANTVILLE NY 10570
Brian Randall Kahn	director, 10 percent owner, officer: Chief Executive Officer	5506 WORSHAM COURT, WINDERMERE FL 34786
Patrick A Cozza	director	C/O HSBC INSURANCE, 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Lee A. Wright	officer: Chief Commercial Officer	C/O DIAMOND CASTLE HOLDINGS, LLC, 280 PARK AVENUE, 25TH FLOOR, EAST TOWER, NEW YORK NY 10017
Andrew M Laurence	director	C/O API TECHNOLOGIES CORP., ONE NORTH WACKER DRIVE SUITE 4400, CHICAGO IL 60606
Cynthia S Dubin	director	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Lisa M Fairfax	director	2387 LIBERTY WAY, VIRGINIA BEACH VA 23456
Vintage Capital Management Llc	director, 10 percent owner, officer: Chief Executive Officer	4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025