What does income taxes at U.S. statutory rate of 21% mean?

This metric represents the hypothetical income tax expense calculated by applying the standard U.S. federal statutory corporate tax rate to the company's pre-tax income. It serves as a baseline for evaluating the impact of tax credits, deductions, and jurisdictional differences on the company's actual tax burden. Investors use this to assess the consistency of the company's tax planning strategies relative to standard regulatory expectations.

Legacy Reserves LGCY Income taxes at U.S. statutory rate of 21%

Income taxes at U.S. statutory rate of 21% at other companies

Lincoln Educational Services CorporationLINC

21%0.0pp

Grand Canyon EducationLOPE

21%0.0pp

Richardson ElectronicsRELL

21%—

PXE

Phoenix Education Partners, Inc.PXED

——

Other financials

Income statement

See full

Revenue$21.4M+15.0%

Operating income$3.9M+7.6%

Net income$3.0M+7.5%

EPS (diluted)$0.22+4.8%

Balance sheet

See full

Cash & equivalents$21.7M+25.1%

Total debt$15.5M-13.3%

Total equity$49.5M+26.1%

Total assets$75.5M+12.5%

Cash flow

See full

Operating cash flow$764.4K-16.8%

CapEx$248.6K-22.8%

Free cash flow$515.8K-13.6%

Valuation

See full

Market cap$147.9M+3.8%

Enterprise value$141.69M+1.3%

P/E17.4×-1.5×

P/S1.9×-0.3×

Profitability

See full

Operating margin14.4%-0.6pp

Net margin10.9%-1.4pp

FCF margin6.1%—

Returns & leverage

See full

Return on equity19.1%-5.6pp

Debt / equity0.3×-0.1×

Current ratio3.4×+0.7×

Where this comes from

Reported directly by Legacy Reserves in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate.

The official record: Legacy Reserves’s 10-Q, filed November 13, 2025, on SEC EDGAR. View the filing →

Ask your AI about Legacy Reserves's income taxes at u.s. statutory rate of 21%.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Legacy Reserves's income taxes at U.S. statutory rate of 21%?: Legacy Reserves (LGCY) reported income taxes at U.S. statutory rate of 21% of 21% in Q3 2025.
What does income taxes at U.S. statutory rate of 21% mean?: This metric represents the hypothetical income tax expense calculated by applying the standard U.S. federal statutory corporate tax rate to the company's pre-tax income. It serves as a baseline for evaluating the impact of tax credits, deductions, and jurisdictional differences on the company's actual tax burden. Investors use this to assess the consistency of the company's tax planning strategies relative to standard regulatory expectations.