Archer (Archer) Tax Rate % : -22.99% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Archer Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Archer's Tax Expense for the three months ended in Mar. 2024 was $2 Mil. Archer's Pre-Tax Income for the three months ended in Mar. 2024 was $-9 Mil. Therefore, Archer's Tax Rate % for the quarter that ended in Mar. 2024 was -22.99%.

Archer Tax Rate % Historical Data

The historical data trend for Archer'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.

Archer Tax Rate % Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

7.02

282.93

-108.45

57.58

-26.58

Archer 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															-11.18	-14.18	-2,400.00	-3.66	-22.99

Archer Tax Rate % Calculation

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

Archer'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 )
	=	5.9	/	-22.2
	=	-26.58 %

Archer'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 )
	=	2	/	-8.7
	=	-22.99 %

Archer Tax Rate % Related Terms

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

Archer (Archer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OTCPK:ARHVD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ARCHERo:Sweden ARCH:Norway

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.