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.

Stagwell Inc. STGW State taxes

State taxes at other companies

Skyline ChampionSKY

$8.61M—

Trex CompanyTREX

$4.01M-12.5%

Cavco IndustriesCVCO

$2.28M—

Ollie's Bargain Outlet Holdings, Inc.OLLI

$4.05M—

Lakeland FinancialLKFN

$0—

FMC CorporationFMC

$225K—

Segments

By geography

See full

Geographic Distribution, Domestic$440K—

Other financials

Income statement

See full

Revenue$704.1M+8.0%

Gross profit$244.6M+2.1%

Operating income$9.6M-47.3%

Net income-$13.0M-345%

EPS (diluted)-$0.05-25.0%

Balance sheet

See full

Cash & equivalents$114.9M-16.5%

Total debt$1.7B-2.2%

Total equity$704.9M+111%

Total assets$4.2B+6.5%

Cash flow

See full

Operating cash flow-$26.5M+55.9%

CapEx$10.7M+84.7%

Free cash flow-$37.2M+43.5%

Valuation

See full

Market cap$1.75B+41.3%

Enterprise value$3.35B+17.0%

P/E92×-1,896×

P/S0.6×+0.2×

Profitability

See full

Gross margin36.1%+0.2pp

Operating margin5.1%+0.6pp

Net margin0.6%+0.6pp

FCF margin8.7%+3.4pp

Returns & leverage

See full

Return on equity3.7%+3.5pp

Debt / equity2.4×-2.8×

Current ratio0.8×-0.1×

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.