GLUX (Great Lakes Aviation) Tax Rate %: -29.44% (As of Sep. 2015)


What is Great Lakes Aviation Tax Rate %?

Great Lakes Aviation GLUX Tax Rate % is -29.44% as of Sep. 2015.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Great Lakes Aviation's Tax Expense for the three months ended in Sep. 2015 was $0.68 Mil. Great Lakes Aviation's Pre-Tax Income for the three months ended in Sep. 2015 was $-2.31 Mil. Therefore, Great Lakes Aviation's Tax Rate % for the quarter that ended in Sep. 2015 was -29.44%.

Great Lakes Aviation Tax Rate % Related Terms

Great Lakes Aviation Tax Rate % Historical Data

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The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Tax Rate % Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.14 38.59 34.12 19.89 35.38

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 36.49 28.51 36.11 36.51 -29.44

Great Lakes Aviation Tax Rate % Calculation

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

Great Lakes Aviation's Tax Rate % for the fiscal year that ended in Dec. 2014 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2014 )/Pre-Tax Income (A: Dec. 2014 )
=-4.036/-11.407
=35.38 %

Great Lakes Aviation's Tax Rate % for the quarter that ended in Sep. 2015 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2015 )/Pre-Tax Income (Q: Sep. 2015 )
=0.681/-2.313
=-29.44 %

* 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 -29.44% mean?
Great Lakes Aviation (GLUX) has a Tax Rate % of -29.44% as of Sep. 2015.
Is Great Lakes Aviation's Tax Rate % too high?
Great Lakes Aviation's current Tax Rate % is -29.44%.
How does Great Lakes Aviation's Tax Rate % compare to MESA?
Great Lakes Aviation's Tax Rate % of -29.44% can be compared against companies in the Transportation 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 Transportation company?
A good Tax Rate % depends on the Transportation 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. Great Lakes Aviation's current Tax Rate % is -29.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Tax Rate % of -29.44%. The current Tax Rate % is -29.44%. 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 Great Lakes Aviation (GLUX), the current Tax Rate % is -29.44% as of Sep. 2015. 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.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.