EDMCQ (Education Management) Tax Rate %: -97.69% (As of Jun. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Education Management Tax Rate %?

Education Management EDMCQ -99.00% Tax Rate % is -97.69% as of Jun. 2014.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Education Management's Tax Expense for the three months ended in Jun. 2014 was $93 Mil. Education Management's Pre-Tax Income for the three months ended in Jun. 2014 was $-95 Mil. Therefore, Education Management's Tax Rate % for the quarter that ended in Jun. 2014 was -97.69%.

Education Management Tax Rate % Related Terms

Education Management Tax Rate % Historical Data

* Premium members only.

The historical data trend for Education Management'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.

Education Management Tax Rate % Chart

Education Management Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.64 37.84 0.79 -5.18 -7.56

Education Management Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Premium Member Only Premium Member Only 78.56 52.31 145.70 6.46 -97.69

Education Management Tax Rate % Calculation

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

Education Management's Tax Rate % for the fiscal year that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2014 )/Pre-Tax Income (A: Jun. 2014 )
=46.637/-617.28
=-7.56 %

Education Management's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2014 )/Pre-Tax Income (Q: Jun. 2014 )
=92.823/-95.022
=-97.69 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -97.69% mean?
Education Management (EDMCQ) has a Tax Rate % of -97.69% as of Jun. 2014.
Is Education Management's Tax Rate % too high?
Education Management's current Tax Rate % is -97.69%.
How does Education Management's Tax Rate % compare to ZVO?
Education Management's Tax Rate % of -97.69% can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Education company?
A good Tax Rate % depends on the Education industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Education Management's current Tax Rate % is -97.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Education Management stock overvalued right now?
Education Management (EDMCQ) has a current Tax Rate % of -97.69%. The current Tax Rate % is -97.69%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Education Management (EDMCQ), the current Tax Rate % is -97.69% as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Education Management Business Description

Address 210 Sixth Avenue, 33rd Floor, Pittsburgh, PA, USA, 15222
Education Management Corp provides post-secondary education in North America. It offers academic programs to students through campus-based and online instruction, or through a combination of both. The company operates in four segments including The Art Institutes; Argosy University; Brown Mackie Colleges and South University. The Art Institutes focus on applied arts in creative professions such as graphic design, media arts, and animation, culinary arts. Brown Mackie Colleges offer flexible Associate's and non-degree diploma programs that enable students to develop skills for entry-level positions in high-demand vocational specialties. South University offers academic programs in health profession and business disciplines, health sciences, nursing, criminal justice, psychology, and IT.