Excess tax benefits associated with employee equity plans (in percent)
Teledyne Technologies Excess tax benefits associated with employee equity plans (in percent) remained flat by 0.0% to -0.4% in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 33.3%, from -0.5% to -0.4%. Over 2 years (FY 2022 to FY 2024), Excess tax benefits associated with employee equity plans (in percent) shows a downward trend with a 12.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher percentages indicate a more significant tax-shielding effect from employee equity programs.
Detailed definition
Expresses the tax benefit from share-based compensation as a percentage point adjustment to the effective tax rate. It q...
Peer comparison
Standard metric for comparing the tax impact of compensation structures across peers.
other_effective_income_tax_rate_reconciliation_share_bas_27ca4dHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | -1.1% | -2.1% | -1.4% |
| YoY Change | — | -90.9% | +33.3% |
Excess tax benefits associated with employee equity plans (in percent) at Other Companies
Frequently Asked Questions
- What is Teledyne Technologies's excess tax benefits associated with employee equity plans (in percent)?
- Teledyne Technologies (TDY) reported excess tax benefits associated with employee equity plans (in percent) of -0.4% in Q4 2024.
- How has Teledyne Technologies's excess tax benefits associated with employee equity plans (in percent) changed year-over-year?
- Teledyne Technologies's excess tax benefits associated with employee equity plans (in percent) increased by 33.3% year-over-year, from -0.5% to -0.4%.
- What is the long-term trend for Teledyne Technologies's excess tax benefits associated with employee equity plans (in percent)?
- Over 2 years (2022 to 2024), Teledyne Technologies's excess tax benefits associated with employee equity plans (in percent) has grown at a 12.8% compound annual growth rate (CAGR), from -1.1% to -1.4%.
- What does excess tax benefits associated with employee equity plans (in percent) mean?
- The percentage reduction in the effective tax rate due to employee stock plan tax benefits.