WEBC (Webco Industries) Tax Rate %: 18.81% (As of Jul. 2023)

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WEBC Webco Industries Inc WEBC
12 GF Score
Price $300.00
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What is Webco Industries Tax Rate %?

Webco Industries WEBC +0.77% 12 Tax Rate % is 18.81% as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Webco Industries's Tax Expense for the six months ended in Jul. 2023 was $6.2 Mil. Webco Industries's Pre-Tax Income for the six months ended in Jul. 2023 was $32.8 Mil. Therefore, Webco Industries's Tax Rate % for the quarter that ended in Jul. 2023 was 18.81%.

Webco Industries Tax Rate % Related Terms

Webco Industries Tax Rate % Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries Tax Rate % Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -138.62 27.55 28.59 7.10 18.81

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 -138.62 27.55 28.59 7.10 18.81
WEBC
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Webco Industries Inc WEBC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Webco Industries Tax Rate % Calculation

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

Webco Industries's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2023 )/Pre-Tax Income (A: Jul. 2023 )
=6.174/32.818
=18.81 %

Webco Industries's Tax Rate % for the quarter that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2023 )/Pre-Tax Income (Q: Jul. 2023 )
=6.174/32.818
=18.81 %

* 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 18.81% mean?
Webco Industries (WEBC) has a Tax Rate % of 18.81% as of Jul. 2023.
Is Webco Industries' Tax Rate % too high?
Webco Industries' current Tax Rate % is 18.81%. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' Tax Rate % compare to ACNT and FRD?
Webco Industries' Tax Rate % of 18.81% can be compared against companies in the Steel 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 Steel company?
A good Tax Rate % depends on the Steel 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. Webco Industries's current Tax Rate % is 18.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current Tax Rate % of 18.81%. The current Tax Rate % is 18.81%. Webco Industries' overall GF Score™ is 12/100. 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 Webco Industries (WEBC), the current Tax Rate % is 18.81% as of Jul. 2023. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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