Amazon CEO Jeff BezosReed Saxon/AP
The Trump administration’s tax plan is once again at the forefront of the news cycle.
New tax reform framework released by the “The Big Six” offers insight into the types of cuts the White House wants.
Meanwhile, analysts at Credit Suisse have compiled a list of the companies that currently stand the most to gain from a reduced tax burden.
Here are the 13 companies with the highest effective US tax rate, according to Credit Suisse.
13. TechnipFMC
Ticker: FTI
Effective Tax Rate: 40.7%
Sector: Energy
Year-to-Date Performance: -23.3%
Source: Standard & Poor’s, FactSet, Credit Suisse
12. Quintiles IMS Holdings
Ticker: Q
Effective Tax Rate: 40.8%
Sector: Health Care
Year-to-Date Performance:
Source: Standard & Poor’s, FactSet, Credit Suisse
11. Williams Companies
Ticker: WMB
Effective Tax Rate: 41.6%
Sector: Energy
Year-to-Date Performance: -3.88%
Source: Standard & Poor’s, FactSet, Credit Suisse
10. Nordstrom
Ticker: JWN
Effective Tax Rate: 41.6%
Sector: Discretionary
Year-to-Date Performance: -11.09%
Source: Standard & Poor’s, FactSet, Credit Suisse
9. Kinder Morgan
Ticker: KMI
Effective Tax Rate: 41.6%
Sector: Energy
Year-to-Date Performance: -12.55%
Source: Standard & Poor’s, FactSet, Credit Suisse
8. Aetna
Ticker: AET
Effective Tax Rate: 42.1%
Sector: Health Care
Year-to-Date Performance: +26.11%
Source: Standard & Poor’s, FactSet, Credit Suisse
7. Anthem
Ticker: ANTM
Effective Tax Rate: 42.1%
Sector: Health Care
Year-to-Date Performance: +32.59%
Source: Standard & Poor’s, FactSet, Credit Suisse
5. Juniper Networks
Ticker: JNPR
Effective Tax Rate: 43.8%
Sector: Technology
Year-to-Date Performance: -11.79%
Source: Standard & Poor’s, FactSet, Credit Suisse
3. Humana
Ticker: HUM
Effective Tax Rate: 45.8%
Sector: Health Care
Year-to-Date Performance: +22.53%
Source: Standard & Poor’s, FactSet, Credit Suisse
2. Centene
Ticker: CNC
Effective Tax Rate: 46.9%
Sector: Health Care
Year-to-Date Performance: +60.28%
Source: Standard & Poor’s, FactSet, Credit Suisse
1. Johnson Controls International
Ticker: JCI
Effective Tax Rate: 47.9%
Sector: Industrials
Year-to-Date Performance: -2.59%
Source: Standard & Poor’s, FactSet, Credit Suisse
