Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Tax Rate % : 30.18% (As of Dec. 2023)

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What is Mitsubishi Heavy Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mitsubishi Heavy Industries's Tax Expense for the three months ended in Dec. 2023 was $155 Mil. Mitsubishi Heavy Industries's Pre-Tax Income for the three months ended in Dec. 2023 was $513 Mil. Therefore, Mitsubishi Heavy Industries's Tax Rate % for the quarter that ended in Dec. 2023 was 30.18%.

Mitsubishi Heavy Industries Tax Rate % Historical Data

The historical data trend for Mitsubishi Heavy Industries's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mitsubishi Heavy Industries Tax Rate % Chart

Mitsubishi Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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29.57

428.49

12.47

27.65

23.45

Mitsubishi Heavy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															24.85	10.69	22.63	20.73	30.18

Mitsubishi Heavy Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mitsubishi Heavy Industries's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	335.303	/	1429.896
	=	23.45 %

Mitsubishi Heavy Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	154.874	/	513.149
	=	30.18 %

Mitsubishi Heavy Industries Tax Rate % Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Heavy Industries Ltd (OTCPK:MHVYF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.