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E*TRADE Financial (LTS:0IEO) Tax Rate % : 25.76% (As of Jun. 2020)


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What is E*TRADE Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. E*TRADE Financial's Tax Expense for the three months ended in Jun. 2020 was $68 Mil. E*TRADE Financial's Pre-Tax Income for the three months ended in Jun. 2020 was $264 Mil. Therefore, E*TRADE Financial's Tax Rate % for the quarter that ended in Jun. 2020 was 25.76%.


E*TRADE Financial Tax Rate % Historical Data

The historical data trend for E*TRADE Financial'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.

E*TRADE Financial Tax Rate % Chart

E*TRADE Financial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -194.51 34.13 42.29 25.81 27.60

E*TRADE Financial Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 25.76 27.89 31.75 29.30 25.76

E*TRADE Financial Tax Rate % Calculation

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

E*TRADE Financial's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2019 )/Pre-Tax Income (A: Dec. 2019 )
=364/1319
=27.60 %

E*TRADE Financial's Tax Rate % for the quarter that ended in Jun. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2020 )/Pre-Tax Income (Q: Jun. 2020 )
=68/264
=25.76 %

* 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.


E*TRADE Financial Tax Rate % Related Terms

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E*TRADE Financial (LTS:0IEO) Business Description

Traded in Other Exchanges
N/A
Address
671 North Glebe Road, Ballston Tower, Arlington, VA, USA, 22203
E-Trade is one of the largest direct-to-investor platforms in the United States and housed over $500 billion of invested assets and client cash at the end of 2019. The company generates interest income on noninvested cash on its platform, trading commissions, service charges including payment for order flow, and fees from stock plan administration. Almost all the company's revenue is generated within the U.S.

E*TRADE Financial (LTS:0IEO) Headlines

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