Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent
Teledyne Technologies Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent remained flat by 0.0% to 0.2% in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 60.0%, from 0.1% to 0.2%. Over 2 years (FY 2022 to FY 2024), Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent shows an upward trend with a 26.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A higher percentage indicates a more significant reliance on or success in utilizing investment tax credits.
Detailed definition
The percentage impact of investment-related tax credits on the company's effective income tax rate. This metric quantifi...
Peer comparison
Commonly disclosed in the effective tax rate reconciliation table.
other_effective_income_tax_rate_reconciliation_tax_credi_0b08b3Historical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | 0.5% | 0.5% | 0.8% |
| YoY Change | — | +0.0% | +60.0% |
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent at Other Companies
Frequently Asked Questions
- What is Teledyne Technologies's effective income tax rate reconciliation, tax credit, investment, percent?
- Teledyne Technologies (TDY) reported effective income tax rate reconciliation, tax credit, investment, percent of 0.2% in Q4 2024.
- How has Teledyne Technologies's effective income tax rate reconciliation, tax credit, investment, percent changed year-over-year?
- Teledyne Technologies's effective income tax rate reconciliation, tax credit, investment, percent increased by 60.0% year-over-year, from 0.1% to 0.2%.
- What is the long-term trend for Teledyne Technologies's effective income tax rate reconciliation, tax credit, investment, percent?
- Over 2 years (2022 to 2024), Teledyne Technologies's effective income tax rate reconciliation, tax credit, investment, percent has grown at a 26.5% compound annual growth rate (CAGR), from 0.5% to 0.8%.
- What does effective income tax rate reconciliation, tax credit, investment, percent mean?
- The percentage reduction in the effective tax rate attributed to investment tax credits.