What does operating segments — income tax expense benefit mean?

The tax expense or benefit assigned to a specific business segment.

How do you interpret operating segments — income tax expense benefit?

Changes reflect fluctuations in segment profitability or changes in effective tax rates.

How does operating segments — income tax expense benefit compare across companies?

Standard accounting allocation across all public companies.

Webster Financial Corporation WBS Operating Segments — Income Tax Expense Benefit

Discontinued — last reported Q1 '18

Similar metrics at other companies

WTRGOperating Segments — Income Tax Expense Benefit

-$643K-117%

AWK

AWKOperating Segments — Income Tax Expense Benefit

$64M-34.0%

WTFCOperating Segments — Income Tax Expense Benefit

$33.08M+5.9%

KEYOperating Segments — Income Tax Expense Benefit

$75M-18.5%

CFGOperating Segments — Income Tax Expense Benefit

$136M-13.9%

HBANOperating Segments — Income Tax Expense Benefit

$82M-41.8%

Other financials

Income statement

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Revenue$735.9M+4.4%

Operating income$356.8M-1.2%

Net income$246.2M+8.5%

EPS (diluted)$1.50+15.4%

Balance sheet

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Cash & equivalents$2.9B+13.8%

Total debt$5.5B+45.4%

Total equity$9.6B+4.0%

Total assets$85.6B+6.6%

Cash flow

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Operating cash flow$288.7M+204%

CapEx$10.5M+26.0%

Free cash flow$278.3M+221%

Valuation

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Market cap$12.25B+26.7%

Enterprise value$14.94B+36.9%

P/E12×-0.4×

P/S4.2×+0.5×

Profitability

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Operating margin50%—

Net margin34.9%+5.2pp

FCF margin41%-5.3pp

Returns & leverage

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Return on equity10.9%+2.2pp

Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Webster Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Webster Financial Corporation’s 10-Q, filed May 7, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — income tax expense benefit mean?: The tax expense or benefit assigned to a specific business segment.
How do you interpret operating segments — income tax expense benefit?: Changes reflect fluctuations in segment profitability or changes in effective tax rates.
How does operating segments — income tax expense benefit compare across companies?: Standard accounting allocation across all public companies.