Range Income Tax Expense from 2010 to 2024

RRC Stock  USD 37.22  0.34  0.91%   
Range Resources' Income Tax Expense is increasing over the years with stable fluctuation. Overall, Income Tax Expense is expected to go to about 240.7 M this year. During the period from 2010 to 2024 Range Resources Income Tax Expense annual values regression line had geometric mean of  64,293,507 and mean square error of 62027.7 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-03-31
Previous Quarter
76.9 M
Current Value
18.2 M
Quarterly Volatility
75.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Range Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Range main balance sheet or income statement drivers, such as Depreciation And Amortization of 343.9 M, Interest Expense of 87.2 M or Total Revenue of 2.7 B, as well as many exotic indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0096 or PTB Ratio of 2.87. Range financial statements analysis is a perfect complement when working with Range Resources Valuation or Volatility modules.
  
This module can also supplement Range Resources' financial leverage analysis and stock options assessment as well as various Range Resources Technical models . Check out the analysis of Range Resources Correlation against competitors.

Latest Range Resources' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Range Resources Corp over the last few years. It is Range Resources' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Range Resources' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Range Income Tax Expense Regression Statistics

Arithmetic Mean(17,228,997)
Geometric Mean64,293,507
Coefficient Of Variation(1,411)
Mean Deviation176,454,803
Median(200,000)
Standard Deviation243,102,838
Sample Variance59099T
Range896.8M
R-Value0.16
Mean Square Error62027.7T
R-Squared0.03
Significance0.57
Slope8,665,676
Total Sum of Squares827385.9T

Range Income Tax Expense History

2024240.7 M
2023229.2 M
2022230.5 M
2021-9.7 M
2020-25.6 M
2019-500.3 M
2018-30.5 M

About Range Resources Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Range Resources income statement, its balance sheet, and the statement of cash flows. Range Resources investors use historical funamental indicators, such as Range Resources's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Range Resources investors may use each financial statement separately, they are all related. The changes in Range Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Range Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Range Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Range Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense229.2 M240.7 M

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When determining whether Range Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Range Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Range Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Range Resources Corp Stock:
Check out the analysis of Range Resources Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Range Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Range Resources. If investors know Range will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Dividend Share
0.32
Earnings Share
2
Revenue Per Share
8.452
Quarterly Revenue Growth
(0.46)
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Range Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.