GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sartorius AG (OTCPK:SARTF) » Definitions » Tax Rate %

Sartorius AG (Sartorius AG) Tax Rate % : 26.95% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sartorius AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sartorius AG's Tax Expense for the three months ended in Mar. 2024 was $21 Mil. Sartorius AG's Pre-Tax Income for the three months ended in Mar. 2024 was $79 Mil. Therefore, Sartorius AG's Tax Rate % for the quarter that ended in Mar. 2024 was 26.95%.


Sartorius AG Tax Rate % Historical Data

The historical data trend for Sartorius AG'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.

* Premium members only.

Sartorius AG Tax Rate % Chart

Sartorius AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.85 29.47 36.12 22.73 24.85

Sartorius AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.10 16.72 26.82 50.00 26.95

Sartorius AG Tax Rate % Calculation

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

Sartorius AG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=104.58/420.829
=24.85 %

Sartorius AG's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=21.413/79.457
=26.95 %

* 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.


Sartorius AG Tax Rate % Related Terms

Thank you for viewing the detailed overview of Sartorius AG's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sartorius AG (Sartorius AG) Business Description

Address
Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079
Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.

Sartorius AG (Sartorius AG) Headlines

From GuruFocus

Sartorius acquires cell culture specialist Xell AG

By PRNewswire PRNewswire 07-29-2021

Strong profitable growth at Sartorius

By PRNewswire PRNewswire 10-20-2020

Resolutions of the Supervisory Board of Sartorius AG

By PRNewswire PRNewswire 02-11-2021

Sartorius with continued growth in a challenging environment

By PRNewswire PRNewswire 10-19-2022

Change in Composition of Sartorius Joint Heirship

By PRNewswire PRNewswire 10-13-2021

Sartorius closes acquisition of BIA Separations

By PRNewswire PRNewswire 11-02-2020