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LGCY (Legacy Education) Tax Rate % : 27.32% (As of Dec. 2024)


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What is Legacy Education Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Legacy Education's Tax Expense for the three months ended in Dec. 2024 was $0.53 Mil. Legacy Education's Pre-Tax Income for the three months ended in Dec. 2024 was $1.93 Mil. Therefore, Legacy Education's Tax Rate % for the quarter that ended in Dec. 2024 was 27.32%.

Legacy Education Tax Rate % Historical Data

The historical data trend for Legacy Education'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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Legacy Education Tax Rate % Chart

Legacy Education Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial 34.88 20.45 29.66 31.00 26.79

Legacy Education Quarterly Data
Jun19 Jun20 Sep20 Jun21 Sep21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 27.61 29.12 18.35 28.00 27.32

Legacy Education Tax Rate % Calculation

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

Legacy Education's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=1.871/6.985
=26.79 %

Legacy Education's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.526/1.925
=27.32 %

* 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.

Legacy Education Tax Rate % Related Terms

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Legacy Education Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Legacy Education Inc (AMEX:LGCY) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
701 W Avenue K, Suite 123, Lancaster, CA, USA, 93534
Website
https://www.legacyed.com
Legacy Education Inc is engaged in career-focused, post-secondary education services to students at all stages of adult life, from recent high school graduates to working parents.