SMC (SMECF) Tax Rate % : 17.19% (As of Dec. 2023)

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What is SMC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SMC's Tax Expense for the three months ended in Dec. 2023 was $61 Mil. SMC's Pre-Tax Income for the three months ended in Dec. 2023 was $357 Mil. Therefore, SMC's Tax Rate % for the quarter that ended in Dec. 2023 was 17.19%.

SMC Tax Rate % Historical Data

The historical data trend for SMC'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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SMC Tax Rate % Chart

SMC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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33.62

30.06

29.37

29.15

27.16

SMC 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															23.85	28.88	30.37	29.38	17.19

SMC Tax Rate % Calculation

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

SMC'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 )
	=	627.475	/	2310.093
	=	27.16 %

SMC'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 )
	=	61.362	/	357.053
	=	17.19 %

SMC Tax Rate % Related Terms

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SMC (SMECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SMC Corp (OTCPK:SMECF) » Definitions » Tax Rate %

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Traded in Other Exchanges

SMCAY:USA 6273:Japan QMC:Germany

Address

4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.smcworld.com

SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

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