EchoStar (STU:E20) Tax Rate % : 1.75% (As of Mar. 2024)

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What is EchoStar Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EchoStar's Tax Expense for the three months ended in Mar. 2024 was €-2 Mil. EchoStar's Pre-Tax Income for the three months ended in Mar. 2024 was €-101 Mil. Therefore, EchoStar's Tax Rate % for the quarter that ended in Mar. 2024 was 1.75%.

EchoStar Tax Rate % Historical Data

The historical data trend for EchoStar'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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EchoStar Tax Rate % Chart

EchoStar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-21.99

-86.47

24.73

23.94

15.37

EchoStar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.60	67.39	94.15	16.72	1.75

EchoStar Tax Rate % Calculation

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

EchoStar's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-272.221	/	-1771.354
	=	15.37 %

EchoStar's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-1.771	/	-101.476
	=	1.75 %

EchoStar Tax Rate % Related Terms

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EchoStar (STU:E20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EchoStar Corp (STU:E20) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SATS:USA

Address

100 Inverness Terrace East, Englewood, CO, USA, 80112-5308

Website

https://www.echostar.com

Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.

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