Tax
Foreign Rate Differential
SS&C Technologies Foreign Rate Differential remained flat by 0.0% to $3.9M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 54.9%, from $8.65M to $3.9M. Over 3 years (FY 2021 to FY 2024), Foreign Rate Differential shows an upward trend with a 13.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2024Feb 26, 2026
How to read this metric
A negative differential indicates that foreign operations are taxed at lower rates, effectively lowering the overall corporate tax rate.
Detailed definition
This metric measures the impact on the effective tax rate resulting from the difference between the domestic statutory t...
Peer comparison
Standard disclosure for multinational companies with significant international revenue streams.
Metric ID:
tmo_foreign_rate_differentialHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | -$10.8M | $8.7M | $34.6M | $15.6M |
| YoY Change | — | +180.6% | +297.7% | -54.9% |
Range-$10.8M – $34.6M
CAGR+13.0%
Avg YoY Growth+141.1%
Median YoY Growth+180.6%
Foreign Rate Differential at Other Companies
Frequently Asked Questions
- What is SS&C Technologies's foreign rate differential?
- SS&C Technologies (SSNC) reported foreign rate differential of $3.9M in Q4 2024.
- How has SS&C Technologies's foreign rate differential changed year-over-year?
- SS&C Technologies's foreign rate differential decreased by 54.9% year-over-year, from $8.65M to $3.9M.
- What is the long-term trend for SS&C Technologies's foreign rate differential?
- Over 3 years (2021 to 2024), SS&C Technologies's foreign rate differential has grown at a 13.0% compound annual growth rate (CAGR), from -$10.8M to $15.6M.
- What does foreign rate differential mean?
- The tax impact caused by operating in countries with different tax rates than the home country.