Smiths Group (Smiths Group) Tax Rate % : 35.09% (As of Jan. 2024)

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

What is Smiths Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Smiths Group's Tax Expense for the six months ended in Jan. 2024 was $76 Mil. Smiths Group's Pre-Tax Income for the six months ended in Jan. 2024 was $217 Mil. Therefore, Smiths Group's Tax Rate % for the quarter that ended in Jan. 2024 was 35.09%.

Smiths Group Tax Rate % Historical Data

The historical data trend for Smiths Group'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.

Smiths Group Tax Rate % Chart

Smiths Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

Get a 7-Day Free Trial

53.29

49.62

34.58

87.38

37.22

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Tax Rate %	Get a 7-Day Free Trial															27.50	-80.70	38.32	36.27	35.09

Smiths Group Tax Rate % Calculation

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

Smiths Group's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	172.68	/	463.918
	=	37.22 %

Smiths Group's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	76.239	/	217.281
	=	35.09 %

Smiths Group Tax Rate % Related Terms

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

Smiths Group (Smiths Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smiths Group PLC (OTCPK:SMGZY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SMGKF:USA SMINl:UK SMIN:UK QS2A:Germany

Address

11-12 St James’s Square, 4th Floor, London, GBR, SW1Y 4LB

Website

https://www.smiths.com

With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.