Tax Burden Percent
Tax Burden Percent is a financial metric that represents the portion of a company's earnings or profits that is paid in taxes. It is calculated by dividing a company's income tax expense by its earnings before taxes. This metric is often used to compare the tax efficiency of different companies or to evaluate a company's ability to manage its tax liabilities. A lower tax burden percent indicates that a company is able to minimize its tax expenses and may be more profitable.
Additional Details
| Metric Name |
Type |
Default Period Type |
| tax_burden_pct |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
percentage |