ENGC (ENGlobal) Tax Rate %: -4.60% (As of Sep. 2024)


ENGC ENGlobal Corp ENGC
16 GF Score
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What is ENGlobal Tax Rate %?

ENGlobal ENGC -43.78% 16 Tax Rate % is -4.60% as of Sep. 2024. GuruFocus rates ENGC with a GF Score™ of 16/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ENGlobal's Tax Expense for the three months ended in Sep. 2024 was $0.02 Mil. ENGlobal's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.48 Mil. Therefore, ENGlobal's Tax Rate % for the quarter that ended in Sep. 2024 was -4.60%.

ENGlobal Tax Rate % Related Terms

ENGlobal Tax Rate % Historical Data

* Premium members only.

The historical data trend for ENGlobal'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.

ENGlobal Tax Rate % Chart

ENGlobal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.00 -19.73 -1.07 -0.21 -0.69

ENGlobal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.15 -1.02 -1.60 -1.86 -4.60
ENGC
16GF Score
ENGlobal Corp ENGC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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ENGlobal Tax Rate % Calculation

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

ENGlobal'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 )
=0.104/-15.049
=-0.69 %

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

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.022/-0.478
=-4.60 %

* 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 -4.60% mean?
ENGlobal (ENGC) has a Tax Rate % of -4.60% as of Sep. 2024.
Is ENGlobal's Tax Rate % too high?
ENGlobal's current Tax Rate % is -4.60%. Overall, ENGlobal has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ENGlobal's Tax Rate % compare to KAST and CCAJ?
ENGlobal's Tax Rate % of -4.60% can be compared against companies in the Construction 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 a Construction company?
A good Tax Rate % depends on the Construction 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. ENGlobal's current Tax Rate % is -4.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENGlobal stock overvalued right now?
ENGlobal (ENGC) has a current Tax Rate % of -4.60%. The current Tax Rate % is -4.60%. ENGlobal's overall GF Score™ is 16/100. 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 ENGlobal (ENGC), the current Tax Rate % is -4.60% as of Sep. 2024. 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.

ENGlobal Business Description

Address 11740 Katy Freeway, Energy Tower 3, 11th floor, Houston, TX, USA, 77079
ENGlobal Corp engages in providing engineering and professional services to the energy industry. The company operates through two segments Commercial and Government Services. The Commercial segment derives revenue on contracts from time-and-material fees charged for professional and technical services. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems to the U.S. Government globally.
16GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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