What does state taxes mean?

This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.

Donnelley Financial Solutions DFIN State taxes

State taxes at other companies

SS&C TechnologiesSSNC

$8.53M—

Jones Lang LaSalleJLL

$3.78M—

Other financials

Income statement

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Revenue$205.5M+2.2%

Gross profit$131.6M+2.7%

Operating income$48.5M+5.9%

Net income$33.5M+8.1%

EPS (diluted)$1.27+21.0%

Balance sheet

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Cash & equivalents$26.1M+61.1%

Total debt$235.7M+14.2%

Total equity$376.7M-10.3%

Total assets$840.8M-1.4%

Cash flow

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Operating cash flow-$5.6M+85.1%

CapEx$10.4M-21.8%

Free cash flow-$16.0M+68.6%

Valuation

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Market cap$989.3M-40.2%

Enterprise value$1.2B-35.0%

P/E28.4×+10.0×

P/S1.3×-0.8×

Profitability

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Gross margin63.5%+0.8pp

Operating margin18.6%+1.0pp

Net margin4.5%-7.0pp

FCF margin18.5%+6.4pp

Returns & leverage

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Return on equity8.8%-13.0pp

Debt / equity0.6×+0.1×

Current ratio1.4×+0.2×

Questions, answered.

What does state taxes mean?: This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.