GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Harmonic Inc (NAS:HLIT) » Definitions » Tax Rate %

HLIT (Harmonic) Tax Rate % : 24.61% (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Harmonic Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Harmonic's Tax Expense for the three months ended in Sep. 2024 was $7.1 Mil. Harmonic's Pre-Tax Income for the three months ended in Sep. 2024 was $28.8 Mil. Therefore, Harmonic's Tax Rate % for the quarter that ended in Sep. 2024 was 24.61%.


Harmonic Tax Rate % Historical Data

The historical data trend for Harmonic'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.

Harmonic Tax Rate % Chart

Harmonic 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 10.19 -11.65 -49.41 36.65 -338.82

Harmonic 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 26.85 -851.33 23.24 23.75 24.61

Harmonic Tax Rate % Calculation

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

Harmonic'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 )
=-64.853/19.141
=-338.82 %

Harmonic'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 )
=7.088/28.806
=24.61 %

* 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.


Harmonic Tax Rate % Related Terms

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


Harmonic Business Description

Traded in Other Exchanges
Address
2590 Orchard Parkway, San Jose, CA, USA, 95131
Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.
Executives
Neven Haltmayer officer: Vice President, R&D 549 BALTIC WAY, SUNNYVALE CA 94089
Ian Graham officer: SVP, Intl Sales & Video Svcs 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Nimrod Ben-natan officer: VP, Solutions & Strategy 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Walter Jankovic officer: Chief Financial Officer 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Jeremy Rosenberg officer: Interim CFO & SVP Bus Dev 2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Patrick Harshman officer: President, BAN Division 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Sanjay Kalra officer: Chief Financial Officer HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Sophia Kim director 2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Daniel T Whalen director 2055 BENJAMIN CIRCLE, WALL NJ 07719
David Krall director C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876
Eric Louvet officer: SVP Sales NA & APAC 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Susan Swenson director C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
Deborah Clifford director 4300 NORTH FIRST STREET, SAN JOSE CA 95134
William F Reddersen director