Sales, net income and earnings per share have expanded 8.9%, 13% and 18%, respectively, over the past 12 months. HP posted an operating margin of 8% and a net profit margin of 8% for its recently reported fiscal first quarter. HP achieved $126 billion of sales during its fiscal 2010 and generated $11 billion of pre-tax income. It was taxed at an effective rate of just 20%, incurring $484 million of U.S. federal tax expenses and $231 million deferred. It had $1.3 billion of current international taxes and $21 million deferred. HP's effective rate widened from 19% in 2009.
10 Companies Paying the Least in Taxes
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.