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Allegro Microsystems Inc   (ALGM)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Allegro Microsystems Inc 's Effective Tax Rate by quarter

Trends, Rankings, Statistics



ALGM Effective Tax Rate (Mar 31 2023)
IV. Quarter
(Dec 23 2022)
III. Quarter
(Sep 23 2022)
II. Quarter
(Jun 24 2022)
I. Quarter
(Mar 25 2022)
IV. Quarter
Y / Y Pre-Tax Income Change 125.23 % 83.65 % 50.09 % -61.69 % 16.14 %
Seq. Pre-Tax Income Change -5.78 % 22.01 % 382.41 % -59.38 % -23.18 %
Pre-Tax Income In Millions $67.92 $72.09 $59.09 $12.25 $30.16
Effective Tax Rate 8.7 % 10.46 % 14.28 % 16.04 % 14.94 %
Effective Tax Rate Total Ranking # 197 # 352 # 474 # 636 # 429
Income taxes expenses / -benefit In Millions $5.91 $7.54 $8.44 $1.97 $4.50
Y / Y Income taxes expenses / -benefit Change 31.19 % 20.04 % 37.36 % -53.91 % -85.24 %
Seq. Income taxes expenses / -benefit Change -21.63 % -10.64 % 329.41 % -56.37 % -28.29 %


Commenting fourth Quarter 2023 Effective Tax Rate
Company's effective tax rate in IV. Quarter decreased compare to previous quarter to 8.7 %, a new company low.

Looking into IV. Quarter results within Semiconductors industry 5 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 197, from total ranking in previous quarter at 352.

ALGM's Effective Tax Rate fourth quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 6
Technology Sector # 26
Overall # 197

ALGM's Effective Tax Rate Statistics
High Average Low
117.55 % 25.21 % 8.7 %
(Mar 26 2021)   (Mar 31 2023)




Other Effective Tax Rate Profitability Ratios
ALGM's Cumulative Effective Tax Rate
Semiconductors Industry Effective Tax Rate Trends and Statistics
Technology Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
ALGM's Effective Tax Rate Profitability versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for ALGM's Competitors
Effective Tax Rate Profit Margin for Allegro Microsystems Inc 's Suppliers
Effective Tax Rate Profit Margin for ALGM's Customers

You may also want to know
ALGM's Annual Growth Rates ALGM's Profitability Ratios ALGM's Asset Turnover Ratio ALGM's Dividend Growth
ALGM's Roe ALGM's Valuation Ratios ALGM's Financial Strength Ratios ALGM's Income taxes expenses / -benefit Growth
ALGM's Roa ALGM's Inventory Turnover Ratio ALGM's Growth Rates ALGM's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Mar 31 2023, within Semiconductors Industry Effective Tax RateMar 31 2023 MRQ Income taxes expenses / -benefitMar 31 2023 MRQ Pre-Tax Income
Osi Systems inc   23.77 %$ 6.802 $ 28.610 
Sanmina Corporation  23.21 %$ 25.779 $ 111.086 
Benchmark Electronics Inc   19.66 %$ 3.025 $ 15.385 
Amkor Technology Inc   19.37 %$ 10.864 $ 56.088 
Cts Corporation  19.22 %$ 4.365 $ 22.709 
Key Tronic Corp  19.12 %$ 0.467 $ 2.443 
Diodes Inc  18.76 %$ 16.616 $ 88.593 
Enphase Energy Inc   17.94 %$ 32.100 $ 178.973 
Solaredge Technologies Inc   17.49 %$ 29.325 $ 167.703 
Nxp Semiconductors N v   15.88 %$ 118.000 $ 743.000 
On Semiconductor Corporation  15.33 %$ 83.700 $ 545.900 
Monolithic Power Systems Inc  15.26 %$ 19.771 $ 129.573 
Texas Instruments Incorporated  12.23 %$ 238.000 $ 1,946.000 
Nve Corp  11.59 %$ 1.080 $ 9.312 
Applied Materials Inc  11.37 %$ 202.000 $ 1,777.000 
Skyworks Solutions Inc   10.39 %$ 27.000 $ 259.800 
Analog Devices Inc   10.14 %$ 110.267 $ 1,087.923 
Allegro Microsystems Inc   8.70 %$ 5.909 $ 67.921 
Power Integrations Inc   7.98 %$ 0.596 $ 7.471 
Nvidia Corp  7.51 %$ 166.000 $ 2,209.000 
Rambus Inc  5.77 %$ 0.201 $ 3.482 
Lattice Semiconductor Corp  4.38 %$ 2.561 $ 58.484 
Formfactor inc   3.45 %$ 0.048 $ 1.390 




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