Siemens AG (Siemens AG) Tax Rate % : 22.22% (As of Dec. 2023)

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What is Siemens AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Siemens AG's Tax Expense for the three months ended in Dec. 2023 was $790 Mil. Siemens AG's Pre-Tax Income for the three months ended in Dec. 2023 was $3,554 Mil. Therefore, Siemens AG's Tax Rate % for the quarter that ended in Dec. 2023 was 22.22%.

Siemens AG Tax Rate % Historical Data

The historical data trend for Siemens 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.

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Siemens AG Tax Rate % Chart

Siemens AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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25.60

24.46

24.83

38.31

23.99

Siemens AG 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															26.05	14.20	29.02	33.11	22.22

Siemens AG Tax Rate % Calculation

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

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

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	2867.663	/	11954.109
	=	23.99 %

Siemens AG'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 )
	=	789.531	/	3553.98
	=	22.22 %

Siemens AG Tax Rate % Related Terms

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Siemens AG (Siemens AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (OTCPK:SIEGY) » Definitions » Tax Rate %

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Traded in Other Exchanges

SMAWF:USA SIE:Mexico SIE:Italy SIEMENS:Hungary SIEd:UK 0P6M:UK SIE:Germany SIEB:Germany SIE:Germany SIE:Germany SIEB:Germany SIE:Germany SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.