GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » Tax Rate %

Landsea Homes (Landsea Homes) Tax Rate % : -4.26% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Landsea Homes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Landsea Homes's Tax Expense for the three months ended in Mar. 2024 was $-0.03 Mil. Landsea Homes's Pre-Tax Income for the three months ended in Mar. 2024 was $0.70 Mil. Therefore, Landsea Homes's Tax Rate % for the quarter that ended in Mar. 2024 was -4.26%.


Landsea Homes Tax Rate % Historical Data

The historical data trend for Landsea Homes'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.

* Premium members only.

Landsea Homes Tax Rate % Chart

Landsea Homes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
21.57 25.33 20.97 25.13 26.70

Landsea Homes Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.17 21.85 24.43 29.72 -4.26

Landsea Homes Tax Rate % Calculation

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

Landsea Homes'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 )
=11.895/44.545
=26.70 %

Landsea Homes'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 )
=-0.03/0.704
=-4.26 %

* 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.


Landsea Homes Tax Rate % Related Terms

Thank you for viewing the detailed overview of Landsea Homes's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Landsea Homes (Landsea Homes) Business Description

Traded in Other Exchanges
Address
660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.