IRDDA.PFD (Iridium Communications) Tax Rate % : 19.42% (As of Sep. 2024)

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What is Iridium Communications Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iridium Communications's Tax Expense for the three months ended in Sep. 2024 was $6.01 Mil. Iridium Communications's Pre-Tax Income for the three months ended in Sep. 2024 was $30.92 Mil. Therefore, Iridium Communications's Tax Rate % for the quarter that ended in Sep. 2024 was 19.42%.

Iridium Communications Tax Rate % Historical Data

The historical data trend for Iridium Communications'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.

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Iridium Communications Tax Rate % Chart

Iridium Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.73

36.99

67.74

2.78

553.00

Iridium Communications 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															97.52	-31.70	27.21	23.77	19.42

Iridium Communications Tax Rate % Calculation

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

Iridium Communications'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 )
	=	-26.251	/	-4.747
	=	553.00 %

Iridium Communications'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 )
	=	6.005	/	30.918
	=	19.42 %

Iridium Communications Tax Rate % Related Terms

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Iridium Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Iridium Communications Inc (OTCPK:IRDDA.PFD) » Definitions » Tax Rate %

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Traded in Other Exchanges

IRDM:USA 0JDO:UK 6IC:Germany

Address

1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102

Website

https://www.iridium.com

Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world. The Company operates in one business segment, providing global satellite communications services and products.